TWER (Towerstream) Days Payable: 1.25 (As of Dec. 2018)

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What is Towerstream Days Payable?

Towerstream TWER Days Payable is 1.25 as of Dec. 2018.

Towerstream's average Accounts Payable for the three months ended in Dec. 2018 was $0.14 Mil. Towerstream's Cost of Goods Sold for the three months ended in Dec. 2018 was $9.99 Mil. Hence, Towerstream's Days Payable for the three months ended in Dec. 2018 was 1.25.

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

TWER's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 105.32
* Ranked among companies with meaningful Days Payable only.

Towerstream's Days Payable declined from Dec. 2017 (5.98) to Dec. 2018 (1.25). It may suggest that Towerstream accelerated paying its suppliers.


Towerstream Days Payable Historical Data

* Premium members only.

The historical data trend for Towerstream'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.

Towerstream Days Payable Chart

Towerstream Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.42 19.53 14.16 12.38 11.69

Towerstream Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 5.98 17.06 4.55 2.42 1.25

TWER vs FULO, DTGI: Days Payable Comparison

For the Telecom Services subindustry, Towerstream'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.


Towerstream Days Payable vs Telecommunication Services Industry

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

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



Towerstream 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.

Towerstream's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (1.151 + 0.176) / 2 ) / 20.712*365
=0.6635 / 20.712*365
=11.69

Towerstream's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.097 + 0.176) / 2 ) / 9.989*365 / 4
=0.1365 / 9.989*365 / 4
=1.25

* 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 1.25 mean?
Towerstream (TWER) has a Days Payable of 1.25 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Towerstream and its competitors.
Is Towerstream's Days Payable too high?
Towerstream's current Days Payable is 1.25. The Telecommunication Services industry median Days Payable is 105.32. Towerstream's value of 1.25 is 98.8% below this industry median.
How does Towerstream's Days Payable compare to FULO and DTGI?
Towerstream's Days Payable of 1.25 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 105.32. Towerstream's value of 1.25 is 98.8% 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 105.32, based on 339 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. Towerstream's current Days Payable of 1.25 is 98.8% 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 Towerstream and its competitors. For the Telecommunication Services industry, the median Days Payable is 105.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towerstream's current Days Payable is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towerstream stock overvalued right now?
Towerstream (TWER) has a current Days Payable of 1.25. The current Days Payable is 1.25 and 98.8% below the Telecommunication Services industry median of 105.32. 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 Towerstream (TWER), the current Days Payable is 1.25 as of Dec. 2018. 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.

Towerstream Business Description

Address 76 Hammarlund Way, Middletown, RI, USA, 02842
Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.