TXTM (ProText Mobility) Days Payable: 0.00 (As of Sep. 2014)


What is ProText Mobility Days Payable?

ProText Mobility TXTM -3.00% Days Payable is 0.00 as of Sep. 2014.

ProText Mobility's average Accounts Payable for the three months ended in Sep. 2014 was $2.47 Mil. ProText Mobility's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.00 Mil.

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

TXTM's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 113.76
* Ranked among companies with meaningful Days Payable only.

ProText Mobility's Days Payable stayed the same from Sep. 2013 (0.00) to Sep. 2014 (0.00). stayed the same


ProText Mobility Days Payable Historical Data

* Premium members only.

The historical data trend for ProText Mobility'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.

ProText Mobility Days Payable Chart

ProText Mobility Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,541.65 678.45 1,802.88 1,540.22 0.00

ProText Mobility Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.00 0.00 0.00 0.00 0.00

TXTM vs DRSV, YPPN, CYBF: Days Payable Comparison

For the Biotechnology subindustry, ProText Mobility'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.


ProText Mobility Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ProText Mobility's Days Payable distribution charts can be found below:

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



ProText Mobility 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.

ProText Mobility's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.928 + 0.901) / 2 ) / 0*365
=0.9145 / 0*365
=N/A

ProText Mobility's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable (Q: Sep. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (2.476 + 2.455) / 2 ) / 0*365 / 4
=2.4655 / 0*365 / 4
=N/A

* 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 0.00 mean?
ProText Mobility (TXTM) has a Days Payable of 0.00 as of Sep. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ProText Mobility and its competitors.
Is ProText Mobility's Days Payable too high?
ProText Mobility's current Days Payable is 0.00.
How does ProText Mobility's Days Payable compare to DRSV and YPPN?
ProText Mobility's Days Payable of 0.00 can be compared against companies in the Biotechnology industry. The industry median Days Payable is 113.76. 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 113.76, based on 707 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. 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 ProText Mobility and its competitors. For the Biotechnology industry, the median Days Payable is 113.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProText Mobility's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProText Mobility stock overvalued right now?
ProText Mobility (TXTM) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 ProText Mobility (TXTM), the current Days Payable is 0.00 as of Sep. 2014. 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.

ProText Mobility Business Description

Address One West Las Olas Boulevard, Suite 500, Fort Lauderdale, FL, USA, 33301
ProText Mobility Inc is a Biotech Company developing a Hemp/CBD-Cannabis medicines platform for the legal cannabis industry, using proprietary live plant extraction processes and technologies. Protext has engaged in the research, testing, and development of bioavailable botanical products, all-natural ingredients formulated for nutraceuticals and pharmaceutical applications through proprietary live plant extraction technology.