UFMG (Universal Manufacturing Co) Days Payable: 49.69 (As of Apr. 2002)

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What is Universal Manufacturing Co Days Payable?

Universal Manufacturing Co UFMG -99.00% Days Payable is 49.69 as of Apr. 2002.

Universal Manufacturing Co's average Accounts Payable for the three months ended in Apr. 2002 was $2.71 Mil. Universal Manufacturing Co's Cost of Goods Sold for the three months ended in Apr. 2002 was $4.98 Mil. Hence, Universal Manufacturing Co's Days Payable for the three months ended in Apr. 2002 was 49.69.

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

UFMG's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.015
* Ranked among companies with meaningful Days Payable only.

Universal Manufacturing Co's Days Payable declined from Apr. 2001 (76.50) to Apr. 2002 (49.69). It may suggest that Universal Manufacturing Co accelerated paying its suppliers.

Universal Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Universal Manufacturing Co'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.

Universal Manufacturing Co Days Payable Chart

Universal Manufacturing Co Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.36 42.53 58.73 67.24 61.09

Universal Manufacturing Co Quarterly Data
Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02
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 76.50 67.33 63.67 53.23 49.69

UFMG vs CSHEF, AMTY, OMTK: Days Payable Comparison

For the Auto Parts subindustry, Universal Manufacturing Co'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.

Universal Manufacturing Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Universal Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Universal Manufacturing Co's Days Payable falls into.


Universal Manufacturing Co 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.

Universal Manufacturing Co's Days Payable for the fiscal year that ended in Jul. 2001 is calculated as

Days Payable (A: Jul. 2001 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2000 ) + Accounts Payable (A: Jul. 2001 )) / count ) / Cost of Goods Sold (A: Jul. 2001 )*Days in Period
=( (3.498 + 5.266) / 2 ) / 26.182*365
=4.382 / 26.182*365
=61.09

Universal Manufacturing Co's Days Payable for the quarter that ended in Apr. 2002 is calculated as:

Days Payable (Q: Apr. 2002 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2002 ) + Accounts Payable (Q: Apr. 2002 )) / count ) / Cost of Goods Sold (Q: Apr. 2002 )*Days in Period
=( (2.562 + 2.862) / 2 ) / 4.98*365 / 4
=2.712 / 4.98*365 / 4
=49.69

* 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 49.69 mean?
Universal Manufacturing Co (UFMG) has a Days Payable of 49.69 as of Apr. 2002. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Universal Manufacturing Co and its competitors.
Is Universal Manufacturing Co's Days Payable too high?
Universal Manufacturing Co's current Days Payable is 49.69. The Vehicles & Parts industry median Days Payable is 67.02. Universal Manufacturing Co's value of 49.69 is 25.9% below this industry median.
How does Universal Manufacturing Co's Days Payable compare to CSHEF and AMTY?
Universal Manufacturing Co's Days Payable of 49.69 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.02. Universal Manufacturing Co's value of 49.69 is 25.9% 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,306 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. Universal Manufacturing Co's current Days Payable of 49.69 is 25.9% 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 Universal Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Manufacturing Co's current Days Payable is 49.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Manufacturing Co stock overvalued right now?
Universal Manufacturing Co (UFMG) has a current Days Payable of 49.69. The current Days Payable is 49.69 and 25.9% below the Vehicles & Parts industry median of 67.02. 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 Universal Manufacturing Co (UFMG), the current Days Payable is 49.69 as of Apr. 2002. 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.

Universal Manufacturing Co Business Description

Address 1128 Lincoln Mall, Suite 301, Lincoln, NE, USA, 68508
Universal Manufacturing Co is engaged in re-manufacturing and distribution of electric fuel pumps, transfer cases, calipers, transmission assemblies and other automotive parts for different models of vehicles. The principal markets for the company's products are automotive dealers, jobbers, repair shops and other automotive parts distributors located throughout the USA and Canada.