Thermwood (Thermwood) Days Payable : 19.24 (As of Jul. 2001)

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What is Thermwood Days Payable?

Thermwood's average Accounts Payable for the three months ended in Jul. 2001 was $0.94 Mil. Thermwood's Cost of Goods Sold for the three months ended in Jul. 2001 was $4.45 Mil. Hence, Thermwood's Days Payable for the three months ended in Jul. 2001 was 19.24.

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

TOOD's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.585
* Ranked among companies with meaningful Days Payable only.

Thermwood's Days Payable declined from Jul. 2000 (28.22) to Jul. 2001 (19.24). It may suggest that Thermwood accelerated paying its suppliers.

Thermwood Days Payable Historical Data

The historical data trend for Thermwood'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.

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Thermwood Days Payable Chart

Thermwood Annual Data

Trend

Jul92

Jul93

Jul94

Jul95

Jul96

Jul97

Jul98

Jul99

Jul00

Jul01

Days Payable

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36.16

36.21

29.61

26.92

26.50

Thermwood Quarterly Data
	Oct96	Jan97	Apr97	Jul97	Oct97	Jan98	Apr98	Jul98	Oct98	Jan99	Apr99	Jul99	Oct99	Jan00	Apr00	Jul00	Oct00	Jan01	Apr01	Jul01
Days Payable	Get a 7-Day Free Trial															28.22	32.57	29.62	30.87	19.24

Competitive Comparison of Thermwood's Days Payable

For the Specialty Industrial Machinery subindustry, Thermwood'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.

Thermwood's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's Days Payable distribution charts can be found below:

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

Thermwood 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.

Thermwood's Days Payable for the fiscal year that ended in Jul. 2001 is calculated as

	Days Payable (A: Jul. 2001 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2000 )	+	Accounts Payable (A: Jul. 2001 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2001 )	*	Days in Period
=	( (1.232	+	0.895)	/	2 )	/	14.65	*	365
=	1.0635					/	14.65	*	365
=	26.50

Thermwood's Days Payable for the quarter that ended in Jul. 2001 is calculated as:

	Days Payable (Q: Jul. 2001 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2001 )	+	Accounts Payable (Q: Jul. 2001 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2001 )	*	Days in Period
=	( (0.979	+	0.895)	/	2 )	/	4.445	*	365 / 4
=	0.937					/	4.445	*	365 / 4
=	19.24

Thermwood Days Payable Related Terms

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Thermwood (Thermwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermwood Corp (OTCPK:TOOD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057

Website

http://www.thermwood.com

Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

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