VCST (Viewcast.com) Days Payable: 144.09 (As of Jun. 2013)


What is Viewcast.com Days Payable?

Viewcast.com VCST Days Payable is 144.09 as of Jun. 2013.

Viewcast.com's average Accounts Payable for the three months ended in Jun. 2013 was $1.41 Mil. Viewcast.com's Cost of Goods Sold for the three months ended in Jun. 2013 was $0.89 Mil. Hence, Viewcast.com's Days Payable for the three months ended in Jun. 2013 was 144.09.

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

VCST's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

Viewcast.com's Days Payable increased from Jun. 2012 (63.00) to Jun. 2013 (144.09). It may suggest that Viewcast.com delayed paying its suppliers.

Viewcast.com Days Payable Historical Data

* Premium members only.

The historical data trend for Viewcast.com'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.

Viewcast.com Days Payable Chart

Viewcast.com Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.53 65.44 55.23 64.20 73.45

Viewcast.com Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 63.00 72.97 65.35 122.09 144.09

VCST vs GRCK, AVRN, BLGI: Days Payable Comparison

For the Software - Application subindustry, Viewcast.com'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.

Viewcast.com Days Payable vs Software Industry

For the Software industry and Technology sector, Viewcast.com's Days Payable distribution charts can be found below:

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


Viewcast.com 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.

Viewcast.com's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable (A: Dec. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2011 ) + Accounts Payable (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (0.834 + 1.004) / 2 ) / 4.567*365
=0.919 / 4.567*365
=73.45

Viewcast.com's Days Payable for the quarter that ended in Jun. 2013 is calculated as:

Days Payable (Q: Jun. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2013 ) + Accounts Payable (Q: Jun. 2013 )) / count ) / Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=( (1.316 + 1.501) / 2 ) / 0.892*365 / 4
=1.4085 / 0.892*365 / 4
=144.09

* 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 144.09 mean?
Viewcast.com (VCST) has a Days Payable of 144.09 as of Jun. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Viewcast.com and its competitors.
Is Viewcast.com's Days Payable too high?
Viewcast.com's current Days Payable is 144.09. The Software industry median Days Payable is 54.03. Viewcast.com's value of 144.09 is 166.7% above this industry median.
How does Viewcast.com's Days Payable compare to GRCK and AVRN?
Viewcast.com's Days Payable of 144.09 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. Viewcast.com's value of 144.09 is 166.7% 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 Software company?
The median Days Payable among Software companies is 54.03, based on 2,600 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. Viewcast.com's current Days Payable of 144.09 is 166.7% 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 Viewcast.com and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viewcast.com's current Days Payable is 144.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viewcast.com stock overvalued right now?
Viewcast.com (VCST) has a current Days Payable of 144.09. The current Days Payable is 144.09 and 166.7% above the Software industry median of 54.03. 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 Viewcast.com (VCST), the current Days Payable is 144.09 as of Jun. 2013. 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.

Viewcast.com Business Description

Address 3701 W. Plano Parkway, Suite 300, Plano, TX, USA, 75075-7840
Viewcast.com Inc is engaged in developing industry hardware and software for the capture, management, transformation and delivery of digital media over IP and mobile networks. The company products include Niagara System and Osprey Cards, provides required technology to deliver the multi-platform experiences.