TERS (Tersis Technologies) Days Payable: 41.06 (As of Sep. 2009)

What is Tersis Technologies Days Payable?

Tersis Technologies TERS +10.41% Days Payable is 41.06 as of Sep. 2009.

Tersis Technologies's average Accounts Payable for the three months ended in Sep. 2009 was $1.48 Mil. Tersis Technologies's Cost of Goods Sold for the three months ended in Sep. 2009 was $3.30 Mil. Hence, Tersis Technologies's Days Payable for the three months ended in Sep. 2009 was 41.06.

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

TERS's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 46.9
* Ranked among companies with meaningful Days Payable only.

Tersis Technologies's Days Payable increased from Sep. 2008 (0.00) to Sep. 2009 (41.06). It may suggest that Tersis Technologies delayed paying its suppliers.

Tersis Technologies Days Payable Related Terms

Tersis Technologies Days Payable Historical Data

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The historical data trend for Tersis Technologies'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.

Tersis Technologies Days Payable Chart

Tersis Technologies Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Days Payable

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316.92

345.32

0.00

5,566.25

0.00

Tersis Technologies Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Days Payable	Get a 7-Day Free Trial															0.00	0.00	14.31	78.45	41.06

TERS vs IVFZF, PPMT, ASAE: Days Payable Comparison

For the Specialty Business Services subindustry, Tersis Technologies'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.

Tersis Technologies Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Tersis Technologies's Days Payable distribution charts can be found below:

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

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Tersis Technologies 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.

Tersis Technologies's Days Payable for the fiscal year that ended in Dec. 2008 is calculated as

	Days Payable (A: Dec. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2007 )	+	Accounts Payable (A: Dec. 2008 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2008 )	*	Days in Period
=	( (0.061	+	0.128)	/	2 )	/	0	*	365
=	0.0945					/	0	*	365
=	N/A

Tersis Technologies's Days Payable for the quarter that ended in Sep. 2009 is calculated as:

	Days Payable (Q: Sep. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2009 )	+	Accounts Payable (Q: Sep. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2009 )	*	Days in Period
=	( (1.631	+	1.334)	/	2 )	/	3.295	*	365 / 4
=	1.4825					/	3.295	*	365 / 4
=	41.06

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 41.06 mean?

Tersis Technologies (TERS) has a Days Payable of 41.06 as of Sep. 2009. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tersis Technologies and its competitors.

Is Tersis Technologies' Days Payable too high?

Tersis Technologies' current Days Payable is 41.06. The Business Services industry median Days Payable is 46.90. Tersis Technologies' value of 41.06 is 12.5% below this industry median.

How does Tersis Technologies' Days Payable compare to IVFZF and PPMT?

Tersis Technologies' Days Payable of 41.06 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.90. Tersis Technologies' value of 41.06 is 12.5% below 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 Business Services company?

The median Days Payable among Business Services companies is 46.90, based on 941 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. Tersis Technologies's current Days Payable of 41.06 is 12.5% below 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 Tersis Technologies and its competitors. For the Business Services industry, the median Days Payable is 46.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tersis Technologies's current Days Payable is 41.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tersis Technologies stock overvalued right now?

Tersis Technologies (TERS) has a current Days Payable of 41.06. The current Days Payable is 41.06 and 12.5% below the Business Services industry median of 46.90. 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 Tersis Technologies (TERS), the current Days Payable is 41.06 as of Sep. 2009. 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.

Tersis Technologies Business Description

Industry Industrials Business Services

Comparable Companies IVFZF PPMT ASAE NAFS ITRK NXES PSCR INVU GEQU NNUP FNAM PRZM GBGH AWAW EXCC RIHT YOOIF CRTN ITEX WLKR

Address 27003 Hickory Hill Road, Suite 102, Brooksville, FL, USA, 34602

Website https://www.tersis.tech

Tersis Technologies Inc is focused on investing in and acquiring businesses that provide different opportunities for growth & expansion via transformative, disruptive, and energy-efficient Carbon Reduction technologies. The company will provide financial expertise and access to the capital markets, as well as technological expertise and consulting services for projects.