VSYS (Viscount Systems) Days Payable: 205.05 (As of Jun. 2016)


What is Viscount Systems Days Payable?

Viscount Systems VSYS -99.50% Days Payable is 205.05 as of Jun. 2016.

Viscount Systems's average Accounts Payable for the three months ended in Jun. 2016 was $0.80 Mil. Viscount Systems's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.35 Mil. Hence, Viscount Systems's Days Payable for the three months ended in Jun. 2016 was 205.05.

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

VSYS's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

Viscount Systems's Days Payable increased from Jun. 2015 (93.34) to Jun. 2016 (205.05). It may suggest that Viscount Systems delayed paying its suppliers.

Viscount Systems Days Payable Historical Data

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The historical data trend for Viscount Systems'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.

Viscount Systems Days Payable Chart

Viscount Systems 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 44.64 37.67 43.79 47.46 99.33

Viscount Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 93.34 138.78 132.21 186.25 205.05

VSYS vs FPVD, VRME, BLPG: Days Payable Comparison

For the Shell Companies subindustry, Viscount Systems'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.

Viscount Systems Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Viscount Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Viscount Systems's Days Payable falls into.


Viscount Systems 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.

Viscount Systems'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
=( (0.315 + 0.656) / 2 ) / 1.784*365
=0.4855 / 1.784*365
=99.33

Viscount Systems's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0.736 + 0.855) / 2 ) / 0.354*365 / 4
=0.7955 / 0.354*365 / 4
=205.05

* 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 205.05 mean?
Viscount Systems (VSYS) has a Days Payable of 205.05 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Viscount Systems and its competitors.
Is Viscount Systems' Days Payable too high?
Viscount Systems' current Days Payable is 205.05. The Diversified Financial Services industry median Days Payable is 71.76. Viscount Systems' value of 205.05 is 185.7% above this industry median.
How does Viscount Systems' Days Payable compare to FPVD and VRME?
Viscount Systems' Days Payable of 205.05 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. Viscount Systems' value of 205.05 is 185.7% 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. Viscount Systems's current Days Payable of 205.05 is 185.7% 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 Viscount Systems and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viscount Systems's current Days Payable is 205.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viscount Systems stock overvalued right now?
Viscount Systems (VSYS) has a current Days Payable of 205.05. The current Days Payable is 205.05 and 185.7% above the Diversified Financial Services industry median of 71.76. 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 Viscount Systems (VSYS), the current Days Payable is 205.05 as of Jun. 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.

Viscount Systems Business Description

Address 408 Boonesville Bend, Argyle, TX, USA, 76226
Viscount Systems Inc is a shell company.