Tigrent (Tigrent) Days Payable : 42.91 (As of Dec. 2010)

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What is Tigrent Days Payable?

Tigrent's average Accounts Payable for the three months ended in Dec. 2010 was $3.2 Mil. Tigrent's Cost of Goods Sold for the three months ended in Dec. 2010 was $6.9 Mil. Hence, Tigrent's Days Payable for the three months ended in Dec. 2010 was 42.91.

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

TIGE's Days Payable is not ranked ^*
in the Education industry.
Industry Median: 35.575
* Ranked among companies with meaningful Days Payable only.

Tigrent's Days Payable increased from Dec. 2009 (15.99) to Dec. 2010 (42.91). It may suggest that Tigrent delayed paying its suppliers.

Tigrent Days Payable Historical Data

The historical data trend for Tigrent'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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Tigrent Days Payable Chart

Tigrent Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Days Payable

Get a 7-Day Free Trial

17.40

24.16

25.28

21.40

28.57

Tigrent Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Days Payable	Get a 7-Day Free Trial															15.99	25.52	29.73	25.27	42.91

Competitive Comparison of Tigrent's Days Payable

For the Education & Training Services subindustry, Tigrent'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.

Tigrent's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tigrent's Days Payable distribution charts can be found below:

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

Tigrent 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.

Tigrent's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

	Days Payable (A: Dec. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2009 )	+	Accounts Payable (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (3.741	+	3.345)	/	2 )	/	45.266	*	365
=	3.543					/	45.266	*	365
=	28.57

Tigrent's Days Payable for the quarter that ended in Dec. 2010 is calculated as:

	Days Payable (Q: Dec. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2010 )	+	Accounts Payable (Q: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2010 )	*	Days in Period
=	( (3.106	+	3.345)	/	2 )	/	6.859	*	365 / 4
=	3.2255					/	6.859	*	365 / 4
=	42.91

Tigrent Days Payable Related Terms

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

Tigrent (Tigrent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tigrent Inc (OTCPK:TIGE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1612 Cape Coral Parkway, Suite 33904, Cape Coral, FL, USA, 33904

Website

http://www.wincorporate.com

Tigrent Inc through its subsidiaries provides practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning, can apply to accumulate wealth. The company offers training and mentoring on real estate, financial instruments investing and entrepreneurship in the USA, UK and Canada.

Executives

Steven C Barre	director, officer: CEO	777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
J. Hunter Brown	director	20 OLD LANTERN DRIVE, WILTON CT 06897
Richardson Kevin A Ii	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
Prides Capital Partners, Llc	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
James E. May	officer: Chief Admin & General Counsel	1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Murray A Indick	director, 10 percent owner	200 HIGH STREET, SUITE 700, BOSTON MA 02110
James K Bass	director	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Kingstown Partners Master Ltd.	10 percent owner	C/O MOURANT OZANNES CORPORATE SERVICES, 42 NORTH CHURCH STREET, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Kingstown Management Gp Llc	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p.	10 percent owner	167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Michael Blitzer	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Partners, Llc	10 percent owner	535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Guy Shanon	10 percent owner	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Allan D Weingarten	director	136 OLIVERA WAY, PALM BEACH GARDENS FL 33418
Wallace L Timmeny	director	1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8

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