Remote Dynamics (Remote Dynamics) Days Payable : 156.16 (As of Sep. 2009)

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What is Remote Dynamics Days Payable?

Remote Dynamics's average Accounts Payable for the three months ended in Sep. 2009 was $1.32 Mil. Remote Dynamics's Cost of Goods Sold for the three months ended in Sep. 2009 was $0.77 Mil. Hence, Remote Dynamics's Days Payable for the three months ended in Sep. 2009 was 156.16.

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

RMTD's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 67.87
* Ranked among companies with meaningful Days Payable only.

Remote Dynamics's Days Payable declined from Sep. 2008 (285.95) to Sep. 2009 (156.16). It may suggest that Remote Dynamics accelerated paying its suppliers.

Remote Dynamics Days Payable Historical Data

The historical data trend for Remote Dynamics'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.

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Remote Dynamics Days Payable Chart

Remote Dynamics Annual Data

Trend

Dec99

Dec00

Dec01

Aug02

Aug03

Aug04

Aug05

Aug06

Dec07

Dec08

Days Payable

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468.97

82.90

107.81

279.29

284.42

Remote Dynamics Quarterly Data
	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Days Payable	Get a 7-Day Free Trial															285.95	253.08	248.89	223.83	156.16

Competitive Comparison of Remote Dynamics's Days Payable

For the Scientific & Technical Instruments subindustry, Remote Dynamics'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.

Remote Dynamics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Remote Dynamics's Days Payable distribution charts can be found below:

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

Remote Dynamics 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.

Remote Dynamics's Days Payable for the fiscal year that ended in Dec. 2008 is calculated as

	Days Payable (A: Dec. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2007 )	+	Accounts Payable (A: Dec. 2008 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2008 )	*	Days in Period
=	( (1.605	+	1.473)	/	2 )	/	1.975	*	365
=	1.539					/	1.975	*	365
=	284.42

Remote Dynamics's Days Payable for the quarter that ended in Sep. 2009 is calculated as:

	Days Payable (Q: Sep. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2009 )	+	Accounts Payable (Q: Sep. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2009 )	*	Days in Period
=	( (1.339	+	1.293)	/	2 )	/	0.769	*	365 / 4
=	1.316					/	0.769	*	365 / 4
=	156.16

Remote Dynamics Days Payable Related Terms

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Remote Dynamics (Remote Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Remote Dynamics Inc (OTCPK:RMTD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Chisholm Place, Suite 120, Plano, TX, USA, 75075

Website

http://www.remotedynamics.com

Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.

Executives

Miller Lloyd I Iii	other: Former 10% Owner
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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