PXHI (PhoneX Holdings) Days Payable: 14.62 (As of Dec. 2018)


What is PhoneX Holdings Days Payable?

PhoneX Holdings PXHI Days Payable is 14.62 as of Dec. 2018.

PhoneX Holdings's average Accounts Payable for the three months ended in Dec. 2018 was $2.61 Mil. PhoneX Holdings's Cost of Goods Sold for the three months ended in Dec. 2018 was $16.31 Mil. Hence, PhoneX Holdings's Days Payable for the three months ended in Dec. 2018 was 14.62.

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

PXHI's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 52.28
* Ranked among companies with meaningful Days Payable only.

PhoneX Holdings's Days Payable increased from Dec. 2017 (11.89) to Dec. 2018 (14.62). It may suggest that PhoneX Holdings delayed paying its suppliers.

PhoneX Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Days Payable Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.15 24.06 14.16 11.29 10.04

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 11.89 15.70 14.64 17.17 14.62

PXHI vs SMKC, TKAT, VTNLD: Days Payable Comparison

For the Internet Retail subindustry, PhoneX Holdings'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.

PhoneX Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PhoneX Holdings's Days Payable distribution charts can be found below:

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


PhoneX Holdings 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.

PhoneX Holdings's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (1.788 + 1.839) / 2 ) / 65.901*365
=1.8135 / 65.901*365
=10.04

PhoneX Holdings's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (3.39 + 1.839) / 2 ) / 16.313*365 / 4
=2.6145 / 16.313*365 / 4
=14.62

* 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 14.62 mean?
PhoneX Holdings (PXHI) has a Days Payable of 14.62 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PhoneX Holdings and its competitors.
Is PhoneX Holdings' Days Payable too high?
PhoneX Holdings' current Days Payable is 14.62. The Retail - Cyclical industry median Days Payable is 52.28. PhoneX Holdings' value of 14.62 is 72% below this industry median.
How does PhoneX Holdings' Days Payable compare to SMKC and TKAT?
PhoneX Holdings' Days Payable of 14.62 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 52.28. PhoneX Holdings' value of 14.62 is 72% below this benchmark. 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 52.28, based on 1,095 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. PhoneX Holdings's current Days Payable of 14.62 is 72% below the industry median. 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 PhoneX Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 52.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhoneX Holdings's current Days Payable is 14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Days Payable of 14.62. The current Days Payable is 14.62 and 72% below the Retail - Cyclical industry median of 52.28. 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 PhoneX Holdings (PXHI), the current Days Payable is 14.62 as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.