RTNB (root9B Holdings) Days Payable: 77.50 (As of Mar. 2017)


What is root9B Holdings Days Payable?

root9B Holdings RTNB Days Payable is 77.50 as of Mar. 2017.

root9B Holdings's average Accounts Payable for the three months ended in Mar. 2017 was $2.02 Mil. root9B Holdings's Cost of Goods Sold for the three months ended in Mar. 2017 was $2.38 Mil. Hence, root9B Holdings's Days Payable for the three months ended in Mar. 2017 was 77.50.

The historical rank and industry rank for root9B Holdings's Days Payable or its related term are showing as below:

RTNB's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

root9B Holdings's Days Payable increased from Mar. 2016 (60.15) to Mar. 2017 (77.50). It may suggest that root9B Holdings delayed paying its suppliers.

root9B Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for root9B Holdings'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.

root9B Holdings Days Payable Chart

root9B Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.62 31.74 43.06 45.31 57.15

root9B Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 60.15 23.73 35.45 0.00 77.50

RTNB vs SYSX: Days Payable Comparison

For the Information Technology Services subindustry, root9B Holdings'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.

root9B Holdings Days Payable vs Software Industry

For the Software industry and Technology sector, root9B Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where root9B Holdings's Days Payable falls into.


root9B Holdings 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.

root9B Holdings's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (1.142 + 1.933) / 2 ) / 9.819*365
=1.5375 / 9.819*365
=57.15

root9B Holdings's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable (Q: Mar. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (1.933 + 2.115) / 2 ) / 2.383*365 / 4
=2.024 / 2.383*365 / 4
=77.50

* 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 77.50 mean?
root9B Holdings (RTNB) has a Days Payable of 77.50 as of Mar. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on root9B Holdings and its competitors.
Is root9B Holdings' Days Payable too high?
root9B Holdings' current Days Payable is 77.50. The Software industry median Days Payable is 53.96. root9B Holdings' value of 77.50 is 43.6% above this industry median.
How does root9B Holdings' Days Payable compare to SYSX?
root9B Holdings' Days Payable of 77.50 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. root9B Holdings' value of 77.50 is 43.6% 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. root9B Holdings's current Days Payable of 77.50 is 43.6% 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 root9B Holdings and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. root9B Holdings's current Days Payable is 77.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is root9B Holdings stock overvalued right now?
root9B Holdings (RTNB) has a current Days Payable of 77.50. The current Days Payable is 77.50 and 43.6% above the Software industry median of 53.96. 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 root9B Holdings (RTNB), the current Days Payable is 77.50 as of Mar. 2017. 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.

root9B Holdings Business Description

Address 206 East Virginia Avenue, Phoenix, AZ, USA, 85004
root9B Holdings Inc is a provider of cybersecurity and business advisory services in regulatory risk mitigation. It designs and provides cybersecurity operations and solutions, risk mitigation services, compilation with complex regulations, and leverageable and integrated technology. The company provides its services through Cyber Solutions and Business Advisory Solutions segments. Cyber Solutions segment provides cyber operations assessments, analysis, and testing, to cyber training, forensics, exploitation, and strategic defense planning. It earns all its revenue from both of its segments.