UMAX (Umax Group) Days Payable: 0.00 (As of Apr. 2018)


What is Umax Group Days Payable?

Umax Group UMAX -99.50% Days Payable is 0.00 as of Apr. 2018.

Umax Group's average Accounts Payable for the six months ended in Apr. 2018 was $0.00 Mil. Umax Group's Cost of Goods Sold for the six months ended in Apr. 2018 was $0.00 Mil.

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

UMAX's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.895
* Ranked among companies with meaningful Days Payable only.

Umax Group's Days Payable stayed the same from Apr. 2013 (0.00) to Apr. 2018 (0.00).

Umax Group Days Payable Historical Data

* Premium members only.

The historical data trend for Umax Group'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.

Umax Group Days Payable Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Days Payable
0.00 0.00 0.00 0.00

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Days Payable 0.00 0.00 0.00 0.00

UMAX vs CSSEQ, NFLX, DIS: Days Payable Comparison

For the Entertainment subindustry, Umax Group'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.

Umax Group Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Umax Group's Days Payable distribution charts can be found below:

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


Umax Group 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.

Umax Group's Days Payable for the fiscal year that ended in Apr. 2018 is calculated as

Days Payable (A: Apr. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2017 ) + Accounts Payable (A: Apr. 2018 )) / count ) / Cost of Goods Sold (A: Apr. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Umax Group's Days Payable for the quarter that ended in Apr. 2018 is calculated as:

Days Payable (Q: Apr. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2017 ) + Accounts Payable (Q: Apr. 2018 )) / count ) / Cost of Goods Sold (Q: Apr. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=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?
Umax Group (UMAX) has a Days Payable of 0.00 as of Apr. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Umax Group and its competitors.
Is Umax Group's Days Payable too high?
Umax Group's current Days Payable is 0.00.
How does Umax Group's Days Payable compare to CSSEQ and NFLX?
Umax Group's Days Payable of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.90. 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.90, based on 916 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 Umax Group and its competitors. For the Media - Diversified industry, the median Days Payable is 83.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Umax Group'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 Umax Group stock overvalued right now?
Umax Group (UMAX) 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 Umax Group (UMAX), the current Days Payable is 0.00 as of Apr. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.