SGLS (Signature Leisure) Days Payable: 222.42 (As of Sep. 2008)

What is Signature Leisure Days Payable?

Signature Leisure SGLS -99.00% Days Payable is 222.42 as of Sep. 2008.

Signature Leisure's average Accounts Payable for the three months ended in Sep. 2008 was $0.02 Mil. Signature Leisure's Cost of Goods Sold for the three months ended in Sep. 2008 was $0.01 Mil. Hence, Signature Leisure's Days Payable for the three months ended in Sep. 2008 was 222.42.

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

SGLS's Days Payable is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 67.015
* Ranked among companies with meaningful Days Payable only.

Signature Leisure's Days Payable increased from Sep. 2007 (22.81) to Sep. 2008 (222.42). It may suggest that Signature Leisure delayed paying its suppliers.

Signature Leisure Days Payable Related Terms

Signature Leisure Days Payable Historical Data

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The historical data trend for Signature Leisure'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.

Signature Leisure Days Payable Chart

Signature Leisure Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Days Payable

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0.00

25.96

128.24

159.20

106.20

Signature Leisure Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Days Payable	Get a 7-Day Free Trial															22.81	48.44	253.30	268.05	222.42

SGLS vs ETFM, CALI, ACCA: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Signature Leisure'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.

Signature Leisure Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Signature Leisure's Days Payable distribution charts can be found below:

* The bar in red indicates where Signature Leisure's Days Payable falls into.

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Signature Leisure 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.

Signature Leisure's Days Payable for the fiscal year that ended in Dec. 2007 is calculated as

	Days Payable (A: Dec. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2006 )	+	Accounts Payable (A: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2007 )	*	Days in Period
=	( (0.008	+	0.198)	/	2 )	/	0.354	*	365
=	0.103					/	0.354	*	365
=	106.20

Signature Leisure's Days Payable for the quarter that ended in Sep. 2008 is calculated as:

	Days Payable (Q: Sep. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2008 )	+	Accounts Payable (Q: Sep. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	Days in Period
=	( (0.017	+	0.022)	/	2 )	/	0.008	*	365 / 4
=	0.0195					/	0.008	*	365 / 4
=	222.42

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 222.42 mean?

Signature Leisure (SGLS) has a Days Payable of 222.42 as of Sep. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Signature Leisure and its competitors.

Is Signature Leisure's Days Payable too high?

Signature Leisure's current Days Payable is 222.42. The Vehicles & Parts industry median Days Payable is 67.02. Signature Leisure's value of 222.42 is 231.9% above this industry median.

How does Signature Leisure's Days Payable compare to ETFM and CALI?

Signature Leisure's Days Payable of 222.42 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.02. Signature Leisure's value of 222.42 is 231.9% 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 Vehicles & Parts company?

The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Signature Leisure's current Days Payable of 222.42 is 231.9% 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 Signature Leisure and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Leisure's current Days Payable is 222.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Signature Leisure stock overvalued right now?

Signature Leisure (SGLS) has a current Days Payable of 222.42. The current Days Payable is 222.42 and 231.9% above the Vehicles & Parts industry median of 67.02. 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 Signature Leisure (SGLS), the current Days Payable is 222.42 as of Sep. 2008. 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.

Signature Leisure Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies ETFM CALI ACCA CRMT AOCIF DAHCF SAH ABG GPI RUSHB LAD IHLDY SIETY LZRFY PAG INCPY AN USSJF CPRT KMX

Address 100 Candace Drive, Suite 100, Maitland, FL, USA, 32751

Signature Leisure Inc's current business includes operations of Parker Productions, a modeling and event staffing business, E Cubed Technologies, an information technology services company and Signature Auto, an independent dealer in motor vehicles.