Infrax Systems (Infrax Systems) Days Payable : 0.00 (As of Jun. 2017)

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What is Infrax Systems Days Payable?

Infrax Systems's average Accounts Payable for the three months ended in Jun. 2017 was $0.17 Mil. Infrax Systems's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.00 Mil.

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

IFXY's Days Payable is not ranked ^*
in the Capital Markets industry.
Industry Median: 107.19
* Ranked among companies with meaningful Days Payable only.

Infrax Systems's Days Payable stayed the same from Jun. 2016 (0.00) to Jun. 2017 (0.00). stayed the same

Infrax Systems Days Payable Historical Data

The historical data trend for Infrax 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.

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Infrax Systems Days Payable Chart

Infrax Systems Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Days Payable

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8,988.12

1,172.66

Infrax Systems Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Infrax Systems's Days Payable

For the Capital Markets subindustry, Infrax 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.

Infrax Systems's Days Payable Distribution in the Capital Markets Industry

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

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

Infrax 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.

Infrax Systems's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

	Days Payable (A: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2016 )	+	Accounts Payable (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (0.172	+	0.173)	/	2 )	/	0	*	365
=	0.1725					/	0	*	365
=	N/A

Infrax Systems'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: Mar. 2017 )	+	Accounts Payable (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0.173	+	0.173)	/	2 )	/	0	*	365 / 4
=	0.173					/	0	*	365 / 4
=	N/A

Infrax Systems Days Payable Related Terms

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Infrax Systems (Infrax Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380

Website

https://www.infraxinc.com

Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

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