SMSA Treemont Acquisition (SMSA Treemont Acquisition) Days Payable : 21.72 (As of Jun. 2012)

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What is SMSA Treemont Acquisition Days Payable?

SMSA Treemont Acquisition's average Accounts Payable for the three months ended in Jun. 2012 was $4.62 Mil. SMSA Treemont Acquisition's Cost of Goods Sold for the three months ended in Jun. 2012 was $19.42 Mil. Hence, SMSA Treemont Acquisition's Days Payable for the three months ended in Jun. 2012 was 21.72.

The historical rank and industry rank for SMSA Treemont Acquisition's Days Payable or its related term are showing as below:

SAQU's Days Payable is not ranked ^*
in the Conglomerates industry.
Industry Median: 59.54
* Ranked among companies with meaningful Days Payable only.

SMSA Treemont Acquisition's Days Payable increased from Jun. 2011 (7.59) to Jun. 2012 (21.72). It may suggest that SMSA Treemont Acquisition delayed paying its suppliers.

SMSA Treemont Acquisition Days Payable Historical Data

The historical data trend for SMSA Treemont Acquisition'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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SMSA Treemont Acquisition Days Payable Chart

SMSA Treemont Acquisition Annual Data

Trend

Dec09

Dec10

Dec11

Days Payable

4.16

10.29

SMSA Treemont Acquisition Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Days Payable	Get a 7-Day Free Trial						7.59	9.27	13.11	15.49	21.72

Competitive Comparison of SMSA Treemont Acquisition's Days Payable

For the Conglomerates subindustry, SMSA Treemont Acquisition'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.

SMSA Treemont Acquisition's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SMSA Treemont Acquisition's Days Payable distribution charts can be found below:

* The bar in red indicates where SMSA Treemont Acquisition's Days Payable falls into.

SMSA Treemont Acquisition 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.

SMSA Treemont Acquisition's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

	Days Payable (A: Dec. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2010 )	+	Accounts Payable (A: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2011 )	*	Days in Period
=	( (0.828	+	3.012)	/	2 )	/	68.076	*	365
=	1.92					/	68.076	*	365
=	10.29

SMSA Treemont Acquisition's Days Payable for the quarter that ended in Jun. 2012 is calculated as:

	Days Payable (Q: Jun. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2012 )	+	Accounts Payable (Q: Jun. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2012 )	*	Days in Period
=	( (3.154	+	6.09)	/	2 )	/	19.419	*	365 / 4
=	4.622					/	19.419	*	365 / 4
=	21.72

SMSA Treemont Acquisition Days Payable Related Terms

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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Treemont Acquisition Corp (OTCPK:SAQU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Headlines

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