Track Data (Track Data) Days Payable : 51.65 (As of Sep. 2009)

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What is Track Data Days Payable?

Track Data's average Accounts Payable for the three months ended in Sep. 2009 was $4.32 Mil. Track Data's Cost of Goods Sold for the three months ended in Sep. 2009 was $7.64 Mil. Hence, Track Data's Days Payable for the three months ended in Sep. 2009 was 51.65.

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

TRAC's Days Payable is not ranked ^*
in the Capital Markets industry.
Industry Median: 99.895
* Ranked among companies with meaningful Days Payable only.

Track Data's Days Payable declined from Sep. 2008 (61.79) to Sep. 2009 (51.65). It may suggest that Track Data accelerated paying its suppliers.

Track Data Days Payable Historical Data

The historical data trend for Track Data'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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Track Data Days Payable Chart

Track Data Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Days Payable

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68.41

61.46

45.74

54.60

67.64

Track Data 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															61.79	76.17	-	98.08	51.65

Competitive Comparison of Track Data's Days Payable

For the Capital Markets subindustry, Track Data'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.

Track Data's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Track Data's Days Payable distribution charts can be found below:

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

Track Data 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.

Track Data'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
=	( (3.54	+	0)	/	1 )	/	19.104	*	365
=	3.54					/	19.104	*	365
=	67.64

Track Data'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
=	( (4.309	+	4.335)	/	2 )	/	7.636	*	365 / 4
=	4.322					/	7.636	*	365 / 4
=	51.65

Track Data Days Payable Related Terms

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Track Data (Track Data) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Track Data Corp (OTCPK:TRAC) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

95 Rockwell Place, Brooklyn, NY, USA, 11217

Website

http://www.trackdata.com

Track Data Corp is a financial services company. It provides real-time financial market data, fundamental research, charting and analytical services to institutional and individual investors through telecommunication lines and the Internet.

Executives

E Bruce Fredrikson	director	95 ROCKWELL PLACE, NEW YORK NY 11217
Abraham Biderman	director	C/O LIPPER & CO, 101 PARK AVE 6TH FLOOR, NEW YORK NY 10179
Charles Zabatta	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Stanley Stern	director, officer: Senior Vice President	C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022

Track Data (Track Data) Headlines

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