SPOI (SPO Networks) Days Payable: 105.70 (As of May. 2006)

What is SPO Networks Days Payable?

SPO Networks SPOI -99.67% Days Payable is 105.70 as of May. 2006.

SPO Networks's average Accounts Payable for the three months ended in May. 2006 was $0.44 Mil. SPO Networks's Cost of Goods Sold for the three months ended in May. 2006 was $0.38 Mil. Hence, SPO Networks's Days Payable for the three months ended in May. 2006 was 105.70.

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

SPOI's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

SPO Networks's Days Payable increased from May. 2005 (0.00) to May. 2006 (105.70). It may suggest that SPO Networks delayed paying its suppliers.

SPO Networks Days Payable Related Terms

SPO Networks Days Payable Historical Data

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The historical data trend for SPO Networks'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.

SPO Networks Days Payable Chart

SPO Networks Annual Data

Trend

Dec01

Dec02

May04

May05

Days Payable

0.00

51.67

SPO Networks Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06
Days Payable	Get a 7-Day Free Trial													0.00	62.57	97.88	168.77	105.70

SPOI vs GKIT, GPVRF, SORL: Days Payable Comparison

For the Shell Companies subindustry, SPO Networks'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.

SPO Networks Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SPO Networks's Days Payable distribution charts can be found below:

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

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SPO Networks 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.

SPO Networks's Days Payable for the fiscal year that ended in May. 2005 is calculated as

	Days Payable (A: May. 2005 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2004 )	+	Accounts Payable (A: May. 2005 ))	/	count )	/	Cost of Goods Sold (A: May. 2005 )	*	Days in Period
=	( (0.049	+	0.282)	/	2 )	/	1.169	*	365
=	0.1655					/	1.169	*	365
=	51.67

SPO Networks's Days Payable for the quarter that ended in May. 2006 is calculated as:

	Days Payable (Q: May. 2006 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2006 )	+	Accounts Payable (Q: May. 2006 ))	/	count )	/	Cost of Goods Sold (Q: May. 2006 )	*	Days in Period
=	( (0.606	+	0.279)	/	2 )	/	0.382	*	365 / 4
=	0.4425					/	0.382	*	365 / 4
=	105.70

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 105.70 mean?

SPO Networks (SPOI) has a Days Payable of 105.70 as of May. 2006. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SPO Networks and its competitors.

Is SPO Networks' Days Payable too high?

SPO Networks' current Days Payable is 105.70. The Diversified Financial Services industry median Days Payable is 71.76. SPO Networks' value of 105.70 is 47.3% above this industry median.

How does SPO Networks' Days Payable compare to GKIT and GPVRF?

SPO Networks' Days Payable of 105.70 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. SPO Networks' value of 105.70 is 47.3% 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 Diversified Financial Services company?

The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. SPO Networks's current Days Payable of 105.70 is 47.3% 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 SPO Networks and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Networks's current Days Payable is 105.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SPO Networks stock overvalued right now?

SPO Networks (SPOI) has a current Days Payable of 105.70. The current Days Payable is 105.70 and 47.3% above the Diversified Financial Services industry median of 71.76. 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 SPO Networks (SPOI), the current Days Payable is 105.70 as of May. 2006. 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.

SPO Networks Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies GKIT GPVRF SORL GWTNF KNDI BLBD MCPOF NFYEF FOVSY MZDAY YAMHF BCAUF ISUZY MMTOF DNFGY JCYGY MAHMF GWLLY SMEBF RACE

Address P.O. Box 600, Farmington, AR, USA, 72730

Website https://www.spoinow.com

SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.