RLTR (Reeltime Rentals) Days Payable: 29.80 (As of Dec. 2018)


What is Reeltime Rentals Days Payable?

Reeltime Rentals RLTR -13.66% Days Payable is 29.80 as of Dec. 2018.

Reeltime Rentals's average Accounts Payable for the three months ended in Dec. 2018 was $0.08 Mil. Reeltime Rentals's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.25 Mil. Hence, Reeltime Rentals's Days Payable for the three months ended in Dec. 2018 was 29.80.

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

RLTR's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.895
* Ranked among companies with meaningful Days Payable only.

Reeltime Rentals's Days Payable declined from Dec. 2017 (825.81) to Dec. 2018 (29.80). It may suggest that Reeltime Rentals accelerated paying its suppliers.

Reeltime Rentals Days Payable Historical Data

* Premium members only.

The historical data trend for Reeltime Rentals'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.

Reeltime Rentals Days Payable Chart

Reeltime Rentals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
1,460.00 413.03 777.10 283.89 71.27

Reeltime Rentals 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 825.81 389.89 142.03 126.45 29.80

RLTR vs CXKJ, FPTA, OTTV: Days Payable Comparison

For the Entertainment subindustry, Reeltime Rentals'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.

Reeltime Rentals Days Payable vs Media - Diversified Industry

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

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


Reeltime Rentals 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.

Reeltime Rentals'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
=( (0.092 + 0.065) / 2 ) / 0.402*365
=0.0785 / 0.402*365
=71.27

Reeltime Rentals'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
=( (0.097 + 0.065) / 2 ) / 0.248*365 / 4
=0.081 / 0.248*365 / 4
=29.80

* 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 29.80 mean?
Reeltime Rentals (RLTR) has a Days Payable of 29.80 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 Reeltime Rentals and its competitors.
Is Reeltime Rentals' Days Payable too high?
Reeltime Rentals' current Days Payable is 29.80. The Media - Diversified industry median Days Payable is 83.90. Reeltime Rentals' value of 29.80 is 64.5% below this industry median.
How does Reeltime Rentals' Days Payable compare to CXKJ and FPTA?
Reeltime Rentals' Days Payable of 29.80 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.90. Reeltime Rentals' value of 29.80 is 64.5% 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.90, based on 916 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. Reeltime Rentals's current Days Payable of 29.80 is 64.5% 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 Reeltime Rentals and its competitors. For the Media - Diversified industry, the median Days Payable is 83.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reeltime Rentals's current Days Payable is 29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reeltime Rentals stock overvalued right now?
Reeltime Rentals (RLTR) has a current Days Payable of 29.80. The current Days Payable is 29.80 and 64.5% below the Media - Diversified industry median of 83.90. 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 Reeltime Rentals (RLTR), the current Days Payable is 29.80 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.

Reeltime Rentals Business Description

Address 4203 223rd Place SE, Bothell, WA, USA, 98021
Reeltime Rentals Inc develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. The company operates in three distinct business segments: Media Division, Virtual Reality and Content Production. It develops three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, Vimeo, LittlStar, IGTV, HTC Vive, YouTube, Facebook, and others. The company derives maximum revenue from Media Division Segment.