VMRI (Valmie Resources) Days Payable: 0.00 (As of Feb. 2017)


What is Valmie Resources Days Payable?

Valmie Resources VMRI -99.00% Days Payable is 0.00 as of Feb. 2017.

Valmie Resources's average Accounts Payable for the three months ended in Feb. 2017 was $0.05 Mil. Valmie Resources's Cost of Goods Sold for the three months ended in Feb. 2017 was $0.00 Mil.

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

VMRI's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

Valmie Resources's Days Payable stayed the same from Feb. 2016 (0.00) to Feb. 2017 (0.00). stayed the same

Valmie Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Days Payable Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Days Payable
Get a 7-Day Free Trial 3,650.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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

VMRI vs CRTG, SFIV, ITOX: Days Payable Comparison

For the Computer Hardware subindustry, Valmie Resources'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.

Valmie Resources Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Valmie Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Valmie Resources's Days Payable falls into.


Valmie Resources 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.

Valmie Resources's Days Payable for the fiscal year that ended in Nov. 2016 is calculated as

Days Payable (A: Nov. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2015 ) + Accounts Payable (A: Nov. 2016 )) / count ) / Cost of Goods Sold (A: Nov. 2016 )*Days in Period
=( (0.061 + 0.02) / 2 ) / 0*365
=0.0405 / 0*365
=N/A

Valmie Resources's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable (Q: Feb. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2016 ) + Accounts Payable (Q: Feb. 2017 )) / count ) / Cost of Goods Sold (Q: Feb. 2017 )*Days in Period
=( (0.02 + 0.071) / 2 ) / 0*365 / 4
=0.0455 / 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?
Valmie Resources (VMRI) has a Days Payable of 0.00 as of Feb. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Days Payable too high?
Valmie Resources' current Days Payable is 0.00.
How does Valmie Resources' Days Payable compare to CRTG and SFIV?
Valmie Resources' Days Payable of 0.00 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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 Valmie Resources and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valmie Resources'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 Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) 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 Valmie Resources (VMRI), the current Days Payable is 0.00 as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.