TCCO (Technical Communications) Days Payable: 657.29 (As of Jun. 2023)


TCCO Technical Communications Corp TCCO
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What is Technical Communications Days Payable?

Technical Communications TCCO 12 Days Payable is 657.29 as of Jun. 2023. GuruFocus rates TCCO with a GF Score™ of 12/100.

Technical Communications's average Accounts Payable for the three months ended in Jun. 2023 was $0.46 Mil. Technical Communications's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.06 Mil. Hence, Technical Communications's Days Payable for the three months ended in Jun. 2023 was 657.29.

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

TCCO's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.99
* Ranked among companies with meaningful Days Payable only.

Technical Communications's Days Payable increased from Jun. 2022 (67.43) to Jun. 2023 (657.29). It may suggest that Technical Communications delayed paying its suppliers.

Technical Communications Days Payable Historical Data

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The historical data trend for Technical 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.

Technical Communications Days Payable Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.98 27.03 44.59 23.98 37.49

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 67.43 53.52 127.38 234.59 657.29

TCCO vs CASSQ, TPTW, MLRT: Days Payable Comparison

For the Communication Equipment subindustry, Technical 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.

Technical Communications Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Technical Communications's Days Payable distribution charts can be found below:

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


TCCO
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Technical Communications Corp TCCO
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Technical 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.

Technical Communications's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

Days Payable (A: Sep. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2021 ) + Accounts Payable (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (0.106 + 0.159) / 2 ) / 1.29*365
=0.1325 / 1.29*365
=37.49

Technical Communications's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.324 + 0.598) / 2 ) / 0.064*365 / 4
=0.461 / 0.064*365 / 4
=657.29

* 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 657.29 mean?
Technical Communications (TCCO) has a Days Payable of 657.29 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Technical Communications and its competitors.
Is Technical Communications' Days Payable too high?
Technical Communications' current Days Payable is 657.29. The Hardware industry median Days Payable is 69.99. Technical Communications' value of 657.29 is 839.1% above this industry median. Overall, Technical Communications has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Technical Communications' Days Payable compare to CASSQ and TPTW?
Technical Communications' Days Payable of 657.29 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.99. Technical Communications' value of 657.29 is 839.1% 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Technical Communications's current Days Payable of 657.29 is 839.1% 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 Technical Communications and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Communications's current Days Payable is 657.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Communications stock overvalued right now?
Technical Communications (TCCO) has a current Days Payable of 657.29. The current Days Payable is 657.29 and 839.1% above the Hardware industry median of 69.99. Technical Communications' overall GF Score™ is 12/100. 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 Technical Communications (TCCO), the current Days Payable is 657.29 as of Jun. 2023. 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.

Technical Communications Business Description

Address 100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
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