VSST (Voice Assist) Days Payable: 673.36 (As of Sep. 2013)

What is Voice Assist Days Payable?

Voice Assist VSST -26.44% Days Payable is 673.36 as of Sep. 2013.

Voice Assist's average Accounts Payable for the three months ended in Sep. 2013 was $0.43 Mil. Voice Assist's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.06 Mil. Hence, Voice Assist's Days Payable for the three months ended in Sep. 2013 was 673.36.

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

VSST's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Voice Assist's Days Payable increased from Sep. 2012 (388.37) to Sep. 2013 (673.36). It may suggest that Voice Assist delayed paying its suppliers.

Voice Assist Days Payable Related Terms

Voice Assist Days Payable Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Days Payable Chart

Voice Assist Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Days Payable

2,920.00

204.40

359.01

294.84

481.55

Voice Assist Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Payable	Get a 7-Day Free Trial															388.37	273.38	365.85	415.80	673.36

VSST vs FULO, DIRV, TOWTF: Days Payable Comparison

For the Software - Application subindustry, Voice Assist'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.

Voice Assist Days Payable vs Software Industry

For the Software industry and Technology sector, Voice Assist's Days Payable distribution charts can be found below:

* The bar in red indicates where Voice Assist's Days Payable falls into.

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Voice Assist 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.

Voice Assist'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
=	( (0.535	+	0.407)	/	2 )	/	0.357	*	365
=	0.471					/	0.357	*	365
=	481.55

Voice Assist's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

	Days Payable (Q: Sep. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2013 )	+	Accounts Payable (Q: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2013 )	*	Days in Period
=	( (0.433	+	0.423)	/	2 )	/	0.058	*	365 / 4
=	0.428					/	0.058	*	365 / 4
=	673.36

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 673.36 mean?

Voice Assist (VSST) has a Days Payable of 673.36 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Voice Assist and its competitors.

Is Voice Assist's Days Payable too high?

Voice Assist's current Days Payable is 673.36. The Software industry median Days Payable is 53.96. Voice Assist's value of 673.36 is 1148% above this industry median.

How does Voice Assist's Days Payable compare to FULO and DIRV?

Voice Assist's Days Payable of 673.36 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Voice Assist's value of 673.36 is 1148% 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 53.96, based on 2,604 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. Voice Assist's current Days Payable of 673.36 is 1148% 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 Voice Assist and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voice Assist's current Days Payable is 673.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Voice Assist stock overvalued right now?

Voice Assist (VSST) has a current Days Payable of 673.36. The current Days Payable is 673.36 and 1148% above the Software industry median of 53.96. 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 Voice Assist (VSST), the current Days Payable is 673.36 as of Sep. 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.

Voice Assist Business Description

Industry Technology Software

Comparable Companies FULO DIRV TOWTF INVT TWER DTGI MTSL WPCS KONE SLXXF TEUM VLTC CCOP GLOW CLRI TELLF OTEL SYTE FSNN VPLM

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916

Website http://www.voiceassist.com

Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.