SLDC (Solidus Communications) Days Payable: 4,818.00 (As of Nov. 2016)


What is Solidus Communications Days Payable?

Solidus Communications SLDC Days Payable is 4,818.00 as of Nov. 2016.

Solidus Communications's average Accounts Payable for the six months ended in Nov. 2016 was $0.13 Mil. Solidus Communications's Cost of Goods Sold for the six months ended in Nov. 2016 was $0.01 Mil. Hence, Solidus Communications's Days Payable for the six months ended in Nov. 2016 was 2,409.00.

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

SLDC's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 106.335
* Ranked among companies with meaningful Days Payable only.

Solidus Communications's Days Payable increased from Nov. 2014 (0.00) to Nov. 2016 (4,818.00). It may suggest that Solidus Communications delayed paying its suppliers.

Solidus Communications Days Payable Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Days Payable Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 19.25 0.00 2,494.17 4,818.00

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 19.25 0.00 2,494.17 4,818.00

SLDC vs HMMR, DTGI, TMUS: Days Payable Comparison

For the Telecom Services subindustry, Solidus Communications'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.

Solidus Communications Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where Solidus Communications's Days Payable falls into.


Solidus Communications 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.

Solidus Communications's Days Payable for the fiscal year that ended in Nov. 2016 is calculated as

Days Payable (A: Nov. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2015 ) + Accounts Payable (A: Nov. 2016 )) / count ) / Cost of Goods Sold (A: Nov. 2016 )*Days in Period
=( (0.104 + 0.16) / 2 ) / 0.01*365
=0.132 / 0.01*365
=4,818.00

Solidus Communications's Days Payable for the quarter that ended in Nov. 2016 is calculated as:

Days Payable (Q: Nov. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2015 ) + Accounts Payable (Q: Nov. 2016 )) / count ) / Cost of Goods Sold (Q: Nov. 2016 )*Days in Period
=( (0.104 + 0.16) / 2 ) / 0.01*365 / 2
=0.132 / 0.01*365 / 2
=2,409.00

* 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 4,818.00 mean?
Solidus Communications (SLDC) has a Days Payable of 4,818.00 as of Nov. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Days Payable too high?
Solidus Communications' current Days Payable is 4,818.00. The Telecommunication Services industry median Days Payable is 106.34. Solidus Communications' value of 4,818.00 is 4431% above this industry median.
How does Solidus Communications' Days Payable compare to HMMR and DTGI?
Solidus Communications' Days Payable of 4,818.00 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. Solidus Communications' value of 4,818.00 is 4431% 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Solidus Communications's current Days Payable of 4,818.00 is 4431% 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current Days Payable is 4,818.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Days Payable of 4,818.00. The current Days Payable is 4,818.00 and 4431% above the Telecommunication Services industry median of 106.34. 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 Solidus Communications (SLDC), the current Days Payable is 4,818.00 as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.