PRXM (Proxim Wireless) Days Payable: 0.00 (As of Mar. 2010)


What is Proxim Wireless Days Payable?

Proxim Wireless PRXM Days Payable is 0.00 as of Mar. 2010.

Proxim Wireless's average Accounts Payable for the three months ended in Mar. 2010 was $0.00 Mil. Proxim Wireless's Cost of Goods Sold for the three months ended in Mar. 2010 was $4.26 Mil. Hence, Proxim Wireless's Days Payable for the three months ended in Mar. 2010 was 0.00.

The historical rank and industry rank for Proxim Wireless's Days Payable or its related term are showing as below:

PRXM's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

Proxim Wireless's Days Payable declined from Sep. 2008 (127.22) to Mar. 2010 (0.00). It may suggest that Proxim Wireless accelerated paying its suppliers.

Proxim Wireless Days Payable Historical Data

* Premium members only.

The historical data trend for Proxim Wireless's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Proxim Wireless Days Payable Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.97 121.62 130.30 162.85 0.00

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.22 141.96 0.00 0.00 0.00

PRXM vs OSAT, GTXO, DGDM: Days Payable Comparison

For the Communication Equipment subindustry, Proxim Wireless's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Proxim Wireless Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Proxim Wireless's Days Payable distribution charts can be found below:

* The bar in red indicates where Proxim Wireless's Days Payable falls into.


Proxim Wireless Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Proxim Wireless's Days Payable for the fiscal year that ended in Dec. 2009 is calculated as

Days Payable (A: Dec. 2009 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2008 ) + Accounts Payable (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 16.777*365
=0 / 16.777*365
=0.00

Proxim Wireless's Days Payable for the quarter that ended in Mar. 2010 is calculated as:

Days Payable (Q: Mar. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2009 ) + Accounts Payable (Q: Mar. 2010 )) / count ) / Cost of Goods Sold (Q: Mar. 2010 )*Days in Period
=( (0 + 0) / 1 ) / 4.262*365 / 4
=0 / 4.262*365 / 4
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Proxim Wireless (PRXM) has a Days Payable of 0.00 as of Mar. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Proxim Wireless and its competitors.
Is Proxim Wireless' Days Payable too high?
Proxim Wireless' current Days Payable is 0.00.
How does Proxim Wireless' Days Payable compare to OSAT and GTXO?
Proxim Wireless' Days Payable of 0.00 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Proxim Wireless and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxim Wireless's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Proxim Wireless (PRXM), the current Days Payable is 0.00 as of Mar. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.