TSGL (The Staffing Group) Days Payable: 45.42 (As of Dec. 2016)


What is The Staffing Group Days Payable?

The Staffing Group TSGL Days Payable is 45.42 as of Dec. 2016.

The Staffing Group's average Accounts Payable for the three months ended in Dec. 2016 was $0.45 Mil. The Staffing Group's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.90 Mil. Hence, The Staffing Group's Days Payable for the three months ended in Dec. 2016 was 45.42.

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

TSGL's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

The Staffing Group's Days Payable increased from Dec. 2015 (0.00) to Dec. 2016 (45.42). It may suggest that The Staffing Group delayed paying its suppliers.

The Staffing Group Days Payable Historical Data

* Premium members only.

The historical data trend for The Staffing Group'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.

The Staffing Group Days Payable Chart

The Staffing Group Annual Data
Trend Sep12 Sep13 Dec14 Dec15 Dec16
Days Payable
0.00 0.00 0.00 0.00 103.80

The Staffing Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.00 0.00 53.24 36.00 45.42

The Staffing Group Days Payable Competitor Comparison

For the Staffing & Employment Services subindustry, The Staffing Group'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.

The Staffing Group Days Payable vs Business Services Industry

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

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


The Staffing Group 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.

The Staffing Group's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0 + 0.827) / 1 ) / 2.908*365
=0.827 / 2.908*365
=103.80

The Staffing Group's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable (Q: Dec. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2016 ) + Accounts Payable (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (0.067 + 0.827) / 2 ) / 0.898*365 / 4
=0.447 / 0.898*365 / 4
=45.42

* 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 45.42 mean?
The Staffing Group (TSGL) has a Days Payable of 45.42 as of Dec. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Staffing Group and its competitors.
Is The Staffing Group's Days Payable too high?
The Staffing Group's current Days Payable is 45.42. The Business Services industry median Days Payable is 46.92. The Staffing Group's value of 45.42 is 3.2% below this industry median.
How does The Staffing Group's Days Payable compare to competitors?
The Staffing Group's Days Payable of 45.42 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. The Staffing Group's value of 45.42 is 3.2% 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 46.92, based on 943 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. The Staffing Group's current Days Payable of 45.42 is 3.2% 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 The Staffing Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Staffing Group's current Days Payable is 45.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Staffing Group stock overvalued right now?
The Staffing Group (TSGL) has a current Days Payable of 45.42. The current Days Payable is 45.42 and 3.2% below the Business Services industry median of 46.92. 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 The Staffing Group (TSGL), the current Days Payable is 45.42 as of Dec. 2016. 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.

The Staffing Group Business Description

Address 125 Townpark Drive, Suite 300, Kennesaw, GA, USA, 30144
The Staffing Group Ltd operates as a service provider, in the business of providing temporary staffing solutions. It provides general laborers to construction, light industrial, refuse, retail, and hospitality businesses and recruit, hire, train and manage skilled workers. Further, the company is executing an aggressive buy-and-build strategy through the acquisition and integration of small to medium-sized staffing businesses. Geographically the activities are carried out through the region of US, and it derives revenue when the staffing services are rendered.