RMTO (RM2 International) Days Payable: 0.00 (As of Jun. 2020)


RMTO RM2 International Inc RMTO
16 GF Score
Price $0.03
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What is RM2 International Days Payable?

RM2 International RMTO 16 Days Payable is 0.00 as of Jun. 2020. GuruFocus rates RMTO with a GF Score™ of 16/100.

RM2 International's average Accounts Payable for the three months ended in Jun. 2020 was $5.30 Mil. RM2 International's Cost of Goods Sold for the three months ended in Jun. 2020 was $0.00 Mil.

The historical rank and industry rank for RM2 International's Days Payable or its related term are showing as below:

RMTO's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54
* Ranked among companies with meaningful Days Payable only.

RM2 International's Days Payable declined from Sep. 2018 (56.05) to Jun. 2020 (0.00). It may suggest that RM2 International accelerated paying its suppliers.

RM2 International Days Payable Historical Data

* Premium members only.

The historical data trend for RM2 International'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.

RM2 International Days Payable Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.34 35.07 48.89 62.28 46.32

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 56.05 49.70 56.38 0.00 0.00

RMTO vs SGBX: Days Payable Comparison

For the Metal Fabrication subindustry, RM2 International'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.

RM2 International Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RM2 International's Days Payable distribution charts can be found below:

* The bar in red indicates where RM2 International's Days Payable falls into.


RMTO
16GF Score
RM2 International Inc RMTO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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RM2 International 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.

RM2 International's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

Days Payable (A: Jun. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2019 ) + Accounts Payable (A: Jun. 2020 )) / count ) / Cost of Goods Sold (A: Jun. 2020 )*Days in Period
=( (7.786 + 2.804) / 2 ) / 41.724*365
=5.295 / 41.724*365
=46.32

RM2 International's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (7.786 + 2.804) / 2 ) / 0*365 / 4
=5.295 / 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?
RM2 International (RMTO) has a Days Payable of 0.00 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RM2 International and its competitors.
Is RM2 International's Days Payable too high?
RM2 International's current Days Payable is 0.00. Overall, RM2 International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does RM2 International's Days Payable compare to SGBX?
RM2 International's Days Payable of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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 RM2 International and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RM2 International'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 RM2 International stock overvalued right now?
RM2 International (RMTO) has a current Days Payable of 0.00. The current Days Payable is 0.00. RM2 International's overall GF Score™ is 16/100. 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 RM2 International (RMTO), the current Days Payable is 0.00 as of Jun. 2020. 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.

RM2 International Business Description

Address 100 East Pine Street, Suite 110, Orlando, FL, USA, 32801
RM2 International Inc is engaged in providing pallet pooling solutions for supply chains through its BLOCKPal composite pallets. The company focuses on durable, hygienic, and automation-compatible pallets designed for high-volume distribution networks, offering solutions that improve load capacity, stability, safety, and operational efficiency across retail and logistics industries.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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