Zann (ZNNC) Days Payable: 962.02 (As of Jun. 2017)


What is Zann Days Payable?

Zann ZNNC Days Payable is 962.02 as of Jun. 2017.

Zann's average Accounts Payable for the six months ended in Jun. 2017 was $0.68 Mil. Zann's Cost of Goods Sold for the six months ended in Jun. 2017 was $0.13 Mil. Hence, Zann's Days Payable for the six months ended in Jun. 2017 was 962.02.

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

ZNNC's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 55.71
* Ranked among companies with meaningful Days Payable only.

Zann's Days Payable declined from Jun. 2005 (59,996.88) to Jun. 2017 (962.02). It may suggest that Zann accelerated paying its suppliers.

Zann Days Payable Historical Data

* Premium members only.

The historical data trend for Zann'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.

Zann Days Payable Chart

Zann Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec05
Days Payable
0.00 294.07 541.17 0.00 24,352.34

Zann Semi-Annual Data
Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Jun05 Dec05 Jun17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 59,996.88 10,760.98 962.02

ZNNC vs WSCC, MUSS, UMAX: Days Payable Comparison

For the Conglomerates subindustry, Zann'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.

Zann Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zann's Days Payable distribution charts can be found below:

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


Zann 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.

Zann's Days Payable for the fiscal year that ended in Dec. 2005 is calculated as

Days Payable (A: Dec. 2005 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2003 ) + Accounts Payable (A: Dec. 2005 )) / count ) / Cost of Goods Sold (A: Dec. 2005 )*Days in Period
=( (1.455 + 0.68) / 2 ) / 0.016*365
=1.0675 / 0.016*365
=24,352.34

Zann's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2005 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.68 + 0) / 1 ) / 0.129*365 / 2
=0.68 / 0.129*365 / 2
=962.02

* 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 962.02 mean?
Zann (ZNNC) has a Days Payable of 962.02 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zann and its competitors.
Is Zann's Days Payable too high?
Zann's current Days Payable is 962.02. The Conglomerates industry median Days Payable is 55.71. Zann's value of 962.02 is 1626.8% above this industry median.
How does Zann's Days Payable compare to WSCC and MUSS?
Zann's Days Payable of 962.02 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.71. Zann's value of 962.02 is 1626.8% 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 505 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. Zann's current Days Payable of 962.02 is 1626.8% 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 Zann and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zann's current Days Payable is 962.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zann stock overvalued right now?
Zann (ZNNC) has a current Days Payable of 962.02. The current Days Payable is 962.02 and 1626.8% above the Conglomerates industry median of 55.71. 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 Zann (ZNNC), the current Days Payable is 962.02 as of Jun. 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.

Zann Business Description

Address 3753 Howard Hughes Parkway, Suite 200, No. 473, Las Vegas, NV, USA, 89169
Zann Corp is a holding company. Through its subsidiaries, it operates several businesses such as digital currency and digital payment, online gaming software, information security, logistics and international trade, media, renewable energy, and palm oil.