TVCE (TVC Telecom) Days Payable: 75.12 (As of Dec. 2003)


What is TVC Telecom Days Payable?

TVC Telecom TVCE Days Payable is 75.12 as of Dec. 2003.

TVC Telecom's average Accounts Payable for the three months ended in Dec. 2003 was $1.00 Mil. TVC Telecom's Cost of Goods Sold for the three months ended in Dec. 2003 was $1.22 Mil. Hence, TVC Telecom's Days Payable for the three months ended in Dec. 2003 was 75.12.

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

TVCE's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 106.335
* Ranked among companies with meaningful Days Payable only.

TVC Telecom's Days Payable declined from Dec. 2002 (209.13) to Dec. 2003 (75.12). It may suggest that TVC Telecom accelerated paying its suppliers.

TVC Telecom Days Payable Historical Data

* Premium members only.

The historical data trend for TVC Telecom'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.

TVC Telecom Days Payable Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Days Payable
Get a 7-Day Free Trial 727.92 135.39 130.82 148.11 152.12

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 209.13 207.16 148.57 86.64 75.12

TVCE vs DIRV, FULO, TOWTF: Days Payable Comparison

For the Telecom Services subindustry, TVC Telecom'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.

TVC Telecom Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TVC Telecom's Days Payable distribution charts can be found below:

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


TVC Telecom 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.

TVC Telecom's Days Payable for the fiscal year that ended in Dec. 2003 is calculated as

Days Payable (A: Dec. 2003 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2002 ) + Accounts Payable (A: Dec. 2003 )) / count ) / Cost of Goods Sold (A: Dec. 2003 )*Days in Period
=( (2.541 + 0.959) / 2 ) / 4.199*365
=1.75 / 4.199*365
=152.12

TVC Telecom's Days Payable for the quarter that ended in Dec. 2003 is calculated as:

Days Payable (Q: Dec. 2003 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2003 ) + Accounts Payable (Q: Dec. 2003 )) / count ) / Cost of Goods Sold (Q: Dec. 2003 )*Days in Period
=( (1.048 + 0.959) / 2 ) / 1.219*365 / 4
=1.0035 / 1.219*365 / 4
=75.12

* 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 75.12 mean?
TVC Telecom (TVCE) has a Days Payable of 75.12 as of Dec. 2003. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TVC Telecom and its competitors.
Is TVC Telecom's Days Payable too high?
TVC Telecom's current Days Payable is 75.12. The Telecommunication Services industry median Days Payable is 106.34. TVC Telecom's value of 75.12 is 29.4% below this industry median.
How does TVC Telecom's Days Payable compare to DIRV and FULO?
TVC Telecom's Days Payable of 75.12 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. TVC Telecom's value of 75.12 is 29.4% 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. TVC Telecom's current Days Payable of 75.12 is 29.4% 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 TVC Telecom and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVC Telecom's current Days Payable is 75.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current Days Payable of 75.12. The current Days Payable is 75.12 and 29.4% below the Telecommunication Services industry median of 106.34. 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 TVC Telecom (TVCE), the current Days Payable is 75.12 as of Dec. 2003. 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.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.