XCOMQ (Xtera Communications) Days Payable: 94.41 (As of Jun. 2016)

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What is Xtera Communications Days Payable?

Xtera Communications XCOMQ -99.00% Days Payable is 94.41 as of Jun. 2016.

Xtera Communications's average Accounts Payable for the three months ended in Jun. 2016 was $19.78 Mil. Xtera Communications's Cost of Goods Sold for the three months ended in Jun. 2016 was $19.12 Mil. Hence, Xtera Communications's Days Payable for the three months ended in Jun. 2016 was 94.41.

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

XCOMQ's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 70.03
* Ranked among companies with meaningful Days Payable only.

Xtera Communications's Days Payable increased from Jun. 2015 (74.91) to Jun. 2016 (94.41). It may suggest that Xtera Communications delayed paying its suppliers.

Xtera Communications Days Payable Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Days Payable Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Days Payable
125.18 135.09 63.18

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Days Payable Get a 7-Day Free Trial Premium Member Only 74.91 83.85 91.28 75.59 94.41

XCOMQ vs TAIT, AEY: Days Payable Comparison

For the Communication Equipment subindustry, Xtera Communications'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.

Xtera Communications Days Payable vs Hardware Industry

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

* The bar in red indicates where Xtera Communications's Days Payable falls into.


Xtera Communications 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.

Xtera Communications's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable (A: Sep. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2014 ) + Accounts Payable (A: Sep. 2015 )) / count ) / Cost of Goods Sold (A: Sep. 2015 )*Days in Period
=( (3.307 + 13.589) / 2 ) / 48.802*365
=8.448 / 48.802*365
=63.18

Xtera Communications'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
=( (14.227 + 25.34) / 2 ) / 19.121*365 / 4
=19.7835 / 19.121*365 / 4
=94.41

* 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 94.41 mean?
Xtera Communications (XCOMQ) has a Days Payable of 94.41 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 Xtera Communications and its competitors.
Is Xtera Communications' Days Payable too high?
Xtera Communications' current Days Payable is 94.41. The Hardware industry median Days Payable is 70.03. Xtera Communications' value of 94.41 is 34.8% above this industry median.
How does Xtera Communications' Days Payable compare to TAIT and AEY?
Xtera Communications' Days Payable of 94.41 can be compared against companies in the Hardware industry. The industry median Days Payable is 70.03. Xtera Communications' value of 94.41 is 34.8% 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 Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,433 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. Xtera Communications's current Days Payable of 94.41 is 34.8% 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 Xtera Communications and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xtera Communications's current Days Payable is 94.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Days Payable of 94.41. The current Days Payable is 94.41 and 34.8% above the Hardware industry median of 70.03. 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 Xtera Communications (XCOMQ), the current Days Payable is 94.41 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.