Reliability (Reliability) Days Payable : 9.45 (As of Dec. 2023)

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What is Reliability Days Payable?

Reliability's average Accounts Payable for the three months ended in Dec. 2023 was $0.48 Mil. Reliability's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.64 Mil. Hence, Reliability's Days Payable for the three months ended in Dec. 2023 was 9.45.

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

RLBY' s Days Payable Range Over the Past 10 Years
Min: 9.5 Med: 14.35 Max: 17
Current: 9.5

During the past 13 years, Reliability's highest Days Payable was 17.00. The lowest was 9.50. And the median was 14.35.

RLBY's Days Payable is ranked worse than
90.47% of 923 companies
in the Business Services industry
Industry Median: 47.5 vs RLBY: 9.50

Reliability's Days Payable increased from Dec. 2022 (8.17) to Dec. 2023 (9.45). It may suggest that Reliability delayed paying its suppliers.

Reliability Days Payable Historical Data

The historical data trend for Reliability'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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Reliability Days Payable Chart

Reliability Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.54

14.35

17.00

15.62

12.35

Reliability Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															8.17	11.60	7.14	7.07	9.45

Competitive Comparison of Reliability's Days Payable

For the Staffing & Employment Services subindustry, Reliability'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.

Reliability's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Reliability's Days Payable distribution charts can be found below:

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

Reliability 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.

Reliability's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.698	+	0.548)	/	2 )	/	18.412	*	365
=	0.623					/	18.412	*	365
=	12.35

Reliability's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.414	+	0.548)	/	2 )	/	4.643	*	365 / 4
=	0.481					/	4.643	*	365 / 4
=	9.45

Reliability Days Payable Related Terms

Thank you for viewing the detailed overview of Reliability's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Reliability (Reliability) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Reliability Inc (OTCPK:RLBY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12124 Skylark Road, Clarksburg, MD, USA, 20871

Website

https://www.maslowmedia.com

Reliability Inc provides workforce solutions to its clients consisting primarily of Employer of Record (EOR) services, recruiting and staffing, and video and multimedia production. It operates within four industry segments: EOR, Recruiting and Staffing, Video and Multimedia Production, and Direct Hire. The EOR segment which generates a majority of revenue for the company provides media field talent to a host of large corporate customers. The company's clients are in diverse industries including media, financial services including banking, medical devices, pharmaceuticals, telecommunications, energy, healthcare, and education.

Executives

Kalyan Pathuri	10 percent owner	6206 COLCHESTER RD., FAIRFAX VA 22030
Silvija Valleru	10 percent owner	C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Naveen Doki	10 percent owner	C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Nick Tsahalis	officer: President	C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Mark R. Speck	director, officer: Chief Financial Officer	C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Shirisha Janumpally	10 percent owner	C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Julia Marshall Dayton	director, 10 percent owner	53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Shawn Spain Miles	director	53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Alexander S Rosenbluth	director	53 FOREST AVENUE, 1ST FLOOR, OLD GREEWICH CO 06870
Lone Star Value Investors Lp	10 percent owner	53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Jeffrey E. Eberwein	10 percent owner	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Lone Star Value Management Llc	10 percent owner	53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc	10 percent owner	53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Derosa William Thomas Jr.	director	53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Hannah M. Bible	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870

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