SPDE (Speedus) Days Payable: 825.60 (As of Sep. 2010)


What is Speedus Days Payable?

Speedus SPDE -99.00% Days Payable is 825.60 as of Sep. 2010.

Speedus's average Accounts Payable for the three months ended in Sep. 2010 was $0.57 Mil. Speedus's Cost of Goods Sold for the three months ended in Sep. 2010 was $0.06 Mil. Hence, Speedus's Days Payable for the three months ended in Sep. 2010 was 825.60.

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

SPDE's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 68.14
* Ranked among companies with meaningful Days Payable only.

Speedus's Days Payable increased from Sep. 2009 (179.89) to Sep. 2010 (825.60). It may suggest that Speedus delayed paying its suppliers.

Speedus Days Payable Historical Data

* Premium members only.

The historical data trend for Speedus'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.

Speedus Days Payable Chart

Speedus Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.66 78.47 66.98 1,338.33 576.08

Speedus Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 179.89 1,412.30 2,842.79 1,186.25 825.60

SPDE vs LENSF, WHSI, ASNB: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Speedus'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.

Speedus Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Speedus's Days Payable distribution charts can be found below:

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


Speedus 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.

Speedus's Days Payable for the fiscal year that ended in Dec. 2009 is calculated as

Days Payable (A: Dec. 2009 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2008 ) + Accounts Payable (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (0.174 + 0.35) / 2 ) / 0.166*365
=0.262 / 0.166*365
=576.08

Speedus's Days Payable for the quarter that ended in Sep. 2010 is calculated as:

Days Payable (Q: Sep. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2010 ) + Accounts Payable (Q: Sep. 2010 )) / count ) / Cost of Goods Sold (Q: Sep. 2010 )*Days in Period
=( (0.476 + 0.664) / 2 ) / 0.063*365 / 4
=0.57 / 0.063*365 / 4
=825.60

* 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 825.60 mean?
Speedus (SPDE) has a Days Payable of 825.60 as of Sep. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Speedus and its competitors.
Is Speedus' Days Payable too high?
Speedus' current Days Payable is 825.60. The Medical Devices & Instruments industry median Days Payable is 68.14. Speedus' value of 825.60 is 1111.6% above this industry median.
How does Speedus' Days Payable compare to LENSF and WHSI?
Speedus' Days Payable of 825.60 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.14. Speedus' value of 825.60 is 1111.6% 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.14, based on 796 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. Speedus's current Days Payable of 825.60 is 1111.6% 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 Speedus and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speedus's current Days Payable is 825.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speedus stock overvalued right now?
Speedus (SPDE) has a current Days Payable of 825.60. The current Days Payable is 825.60 and 1111.6% above the Medical Devices & Instruments industry median of 68.14. 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 Speedus (SPDE), the current Days Payable is 825.60 as of Sep. 2010. 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.

Speedus Business Description

Address 1 Dag Hammarskjold Boulevard, Freehold, NJ, USA, 07728
Speedus Corp through its subsidiaries focuses on improving health outcomes and cost effectiveness through the development of computer-aided medical devices and telemedicine based delivery systems.