PSYC (PSYC) Days Payable: 0.00 (As of Jun. 2017)


What is PSYC Days Payable?

PSYC PSYC -99.00% Days Payable is 0.00 as of Jun. 2017.

PSYC's average Accounts Payable for the three months ended in Jun. 2017 was $0.31 Mil. PSYC's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.00 Mil.

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

PSYC's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 84.13
* Ranked among companies with meaningful Days Payable only.

PSYC's Days Payable declined from Mar. 2016 (925.54) to Jun. 2017 (0.00). It may suggest that PSYC accelerated paying its suppliers.

PSYC Days Payable Historical Data

* Premium members only.

The historical data trend for PSYC'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.

PSYC Days Payable Chart

PSYC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16
Days Payable
42.12 91.25 38.71 365.00 6,184.72

PSYC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Jun17
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 925.54 0.00 0.00 0.00 0.00

PSYC vs ARLO, TAQR: Days Payable Comparison

For the Advertising Agencies subindustry, PSYC'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.

PSYC Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSYC's Days Payable distribution charts can be found below:

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


PSYC 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.

PSYC's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0 + 0.305) / 1 ) / 0.018*365
=0.305 / 0.018*365
=6,184.72

PSYC's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.305 + 0) / 1 ) / 0*365 / 4
=0.305 / 0*365 / 4
=N/A

* 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?
PSYC (PSYC) has a Days Payable of 0.00 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PSYC and its competitors.
Is PSYC's Days Payable too high?
PSYC's current Days Payable is 0.00.
How does PSYC's Days Payable compare to ARLO and TAQR?
PSYC's Days Payable of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 84.13. 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 84.13, based on 923 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 PSYC and its competitors. For the Media - Diversified industry, the median Days Payable is 84.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSYC'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 PSYC stock overvalued right now?
PSYC (PSYC) 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 PSYC (PSYC), the current Days Payable is 0.00 as of Jun. 2017. 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.

PSYC Business Description

Address 2881 South Valley View Boulevard, Suite 9, Las Vegas, NV, USA, 89102
PSYC Corp is a media-focused company serving the expanding industry and community of medicinal psychedelics. Through its media platform, Psychedelic Spotlight, the company has positioned itself right at the very core. These platforms provide the Company with an opportunity to dominate the intersection of cannabis and psychedelics as a media leader. Along with its subsidiary, the group offers public relations and media-focused services to companies within the medicinal psychedelics industry and other niche industries that include cannabis, holistic health, mining and precious metals, and others.