RGDXQ (Response Genetics) Days Payable: 0.00 (As of Dec. 2015)


What is Response Genetics Days Payable?

Response Genetics RGDXQ -98.00% Days Payable is 0.00 as of Dec. 2015.

Response Genetics's average Accounts Payable for the three months ended in Dec. 2015 was $1.71 Mil. Response Genetics's Cost of Goods Sold for the three months ended in Dec. 2015 was $0.00 Mil.

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

RGDXQ's Days Payable is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 65.385
* Ranked among companies with meaningful Days Payable only.

Response Genetics's Days Payable declined from Jun. 2014 (53.67) to Dec. 2015 (0.00). It may suggest that Response Genetics accelerated paying its suppliers.

Response Genetics Days Payable Historical Data

* Premium members only.

The historical data trend for Response Genetics'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.

Response Genetics Days Payable Chart

Response Genetics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.62 47.03 106.91 73.15 0.00

Response Genetics Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Dec15
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 53.67 54.85 144.08 67.28 0.00

RGDXQ vs PSID, GBSN, ETAH: Days Payable Comparison

For the Diagnostics & Research subindustry, Response Genetics'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.

Response Genetics Days Payable vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Response Genetics's Days Payable distribution charts can be found below:

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


Response Genetics 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.

Response Genetics's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0 + 0) / 1 ) / 14.098*365
=0 / 14.098*365
=0.00

Response Genetics's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (1.707 + 0) / 1 ) / 0*365 / 4
=1.707 / 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?
Response Genetics (RGDXQ) has a Days Payable of 0.00 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Response Genetics and its competitors.
Is Response Genetics' Days Payable too high?
Response Genetics' current Days Payable is 0.00.
How does Response Genetics' Days Payable compare to PSID and GBSN?
Response Genetics' Days Payable of 0.00 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Days Payable is 65.39. 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 Medical Diagnostics & Research company?
The median Days Payable among Medical Diagnostics & Research companies is 65.39, based on 190 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 Response Genetics and its competitors. For the Medical Diagnostics & Research industry, the median Days Payable is 65.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Response Genetics'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 Response Genetics stock overvalued right now?
Response Genetics (RGDXQ) 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 Response Genetics (RGDXQ), the current Days Payable is 0.00 as of Dec. 2015. 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.

Response Genetics Business Description

Address 201 Route 17 North, 2nd Floor, Rutherford, NJ, USA, 07070
Response Genetics Inc develops and sells diagnostic tests. It provides molecular- and biomarker-based tests and services which enables physicians to personalize the clinical management of each individual patient by providing genomic information to diagnose, monitor and inform cancer treatment. The group generates revenue from providing Biopharma Services, Clinical Services, and Discovery Services, of which majority of the revenue is derived from providing Biopharma Services. Biopharma services provide companies with customized solutions for patient stratification and treatment selection through molecular- and biomarker-based testing services, customized assay development and trial design consultation. The firm operates in the US and internationally and generates prime revenue from the US.