ULTRF (Ultrapetrol (Bahamas)) Days Payable: 65.81 (As of Sep. 2016)


What is Ultrapetrol (Bahamas) Days Payable?

Ultrapetrol (Bahamas) ULTRF Days Payable is 65.81 as of Sep. 2016.

Ultrapetrol (Bahamas)'s average Accounts Payable for the three months ended in Sep. 2016 was $38.0 Mil. Ultrapetrol (Bahamas)'s Cost of Goods Sold for the three months ended in Sep. 2016 was $52.7 Mil. Hence, Ultrapetrol (Bahamas)'s Days Payable for the three months ended in Sep. 2016 was 65.81.

The historical rank and industry rank for Ultrapetrol (Bahamas)'s Days Payable or its related term are showing as below:

ULTRF's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 39.01
* Ranked among companies with meaningful Days Payable only.

Ultrapetrol (Bahamas)'s Days Payable increased from Sep. 2015 (36.58) to Sep. 2016 (65.81). It may suggest that Ultrapetrol (Bahamas) delayed paying its suppliers.

Ultrapetrol (Bahamas) Days Payable Historical Data

* Premium members only.

The historical data trend for Ultrapetrol (Bahamas)'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.

Ultrapetrol (Bahamas) Days Payable Chart

Ultrapetrol (Bahamas) Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.22 46.82 37.65 40.54 45.16

Ultrapetrol (Bahamas) Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 36.58 46.43 66.62 71.52 65.81

ULTRF vs CTRM, GLBS, TOPS: Days Payable Comparison

For the Marine Shipping subindustry, Ultrapetrol (Bahamas)'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.

Ultrapetrol (Bahamas) Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Ultrapetrol (Bahamas)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Ultrapetrol (Bahamas)'s Days Payable falls into.


Ultrapetrol (Bahamas) 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.

Ultrapetrol (Bahamas)'s Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (30.518 + 29.391) / 2 ) / 242.1*365
=29.9545 / 242.1*365
=45.16

Ultrapetrol (Bahamas)'s Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (39.634 + 36.343) / 2 ) / 52.671*365 / 4
=37.9885 / 52.671*365 / 4
=65.81

* 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 65.81 mean?
Ultrapetrol (Bahamas) (ULTRF) has a Days Payable of 65.81 as of Sep. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ultrapetrol (Bahamas) and its competitors.
Is Ultrapetrol (Bahamas)'s Days Payable too high?
Ultrapetrol (Bahamas)'s current Days Payable is 65.81. The Transportation industry median Days Payable is 39.01. Ultrapetrol (Bahamas)'s value of 65.81 is 68.7% above this industry median.
How does Ultrapetrol (Bahamas)'s Days Payable compare to CTRM and GLBS?
Ultrapetrol (Bahamas)'s Days Payable of 65.81 can be compared against companies in the Transportation industry. The industry median Days Payable is 39.01. Ultrapetrol (Bahamas)'s value of 65.81 is 68.7% above 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 964 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. Ultrapetrol (Bahamas)'s current Days Payable of 65.81 is 68.7% above 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 Ultrapetrol (Bahamas) and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapetrol (Bahamas)'s current Days Payable is 65.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapetrol (Bahamas) stock overvalued right now?
Ultrapetrol (Bahamas) (ULTRF) has a current Days Payable of 65.81. The current Days Payable is 65.81 and 68.7% above the Transportation industry median of 39.01. 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 Ultrapetrol (Bahamas) (ULTRF), the current Days Payable is 65.81 as of Sep. 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.

Ultrapetrol (Bahamas) Business Description

Address Ocean Centre, Montague Foreshore, P.O. Box SS -19084, East Bay Street, Nassau, BHS
Ultrapetrol (Bahamas) Ltd is an industrial shipping company which provides marine transportation services in South America, Europe, Central America, North America, and Asia. The company operates in three segments: River Business, Offshore Supply Business, and Ocean Business. The River Business segment owns and operates dry and tanker barges, and push boats in the Hidrovia region of South America. Its dry barges transport agricultural and forestry products, iron ore, and other cargoes; and tanker barges carry petroleum products, vegetable oils, and other liquids.