QTCI (Quantum Capital) Days Payable: 46.39 (As of Sep. 2011)


What is Quantum Capital Days Payable?

Quantum Capital QTCI Days Payable is 46.39 as of Sep. 2011.

Quantum Capital's average Accounts Payable for the three months ended in Sep. 2011 was $0.37 Mil. Quantum Capital's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.72 Mil. Hence, Quantum Capital's Days Payable for the three months ended in Sep. 2011 was 46.39.

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

QTCI's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.87
* Ranked among companies with meaningful Days Payable only.

Quantum Capital's Days Payable increased from Sep. 2010 (0.00) to Sep. 2011 (46.39). It may suggest that Quantum Capital delayed paying its suppliers.

Quantum Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Quantum Capital'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.

Quantum Capital Days Payable Chart

Quantum Capital Annual Data
Trend Jun10
Days Payable
0.00

Quantum Capital Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 466.53 98.70 46.39

QTCI vs RTON: Days Payable Comparison

For the Credit Services subindustry, Quantum Capital'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.

Quantum Capital Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Quantum Capital's Days Payable distribution charts can be found below:

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


Quantum Capital 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.

Quantum Capital's Days Payable for the fiscal year that ended in Jun. 2010 is calculated as

Days Payable (A: Jun. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: Jun. 2010 )) / count ) / Cost of Goods Sold (A: Jun. 2010 )*Days in Period
=( ( + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Quantum Capital's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

Days Payable (Q: Sep. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2011 ) + Accounts Payable (Q: Sep. 2011 )) / count ) / Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=( (0.273 + 0.457) / 2 ) / 0.718*365 / 4
=0.365 / 0.718*365 / 4
=46.39

* 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 46.39 mean?
Quantum Capital (QTCI) has a Days Payable of 46.39 as of Sep. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Quantum Capital and its competitors.
Is Quantum Capital's Days Payable too high?
Quantum Capital's current Days Payable is 46.39. The Credit Services industry median Days Payable is 33.87. Quantum Capital's value of 46.39 is 37% above this industry median.
How does Quantum Capital's Days Payable compare to RTON?
Quantum Capital's Days Payable of 46.39 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. Quantum Capital's value of 46.39 is 37% above 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. Quantum Capital's current Days Payable of 46.39 is 37% above 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 Quantum Capital and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum Capital's current Days Payable is 46.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Capital stock overvalued right now?
Quantum Capital (QTCI) has a current Days Payable of 46.39. The current Days Payable is 46.39 and 37% above the Credit Services industry median of 33.87. 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 Quantum Capital (QTCI), the current Days Payable is 46.39 as of Sep. 2011. 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.

Quantum Capital Business Description

Address 3430 E. Russell Road, Springhill, Las Vegas, NV, USA, 89120
Quantum Capital Inc is an Australian company. The company owns Loan Base Pty Ltd, an Australian company with the mission of providing clients with personalized lending solutions that achieve their goals through premium, online, exclusive, convenient, and tailored lending solutions intermediary platforms.