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TechFinancials (AQSE:TECH) Days Payable : 0.00 (As of Jun. 2023)


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What is TechFinancials Days Payable?

TechFinancials's average Accounts Payable for the six months ended in Jun. 2023 was £0.01 Mil. TechFinancials's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.00 Mil.

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

During the past 12 years, TechFinancials's highest Days Payable was 3055.19. The lowest was 37.73. And the median was 89.04.

AQSE:TECH's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 74.53
* Ranked among companies with meaningful Days Payable only.

TechFinancials's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).


TechFinancials Days Payable Historical Data

The historical data trend for TechFinancials'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.

* Premium members only.

TechFinancials Days Payable Chart

TechFinancials Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.40 232.39 3,055.19 - -

TechFinancials Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of TechFinancials's Days Payable

For the Asset Management subindustry, TechFinancials'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.


TechFinancials's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TechFinancials's Days Payable distribution charts can be found below:

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



TechFinancials 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.

TechFinancials's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.029 + 0) / 1 ) / 0*365
=0.029 / 0*365
=N/A

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

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0.012) / 1 ) / 0*365 / 2
=0.012 / 0*365 / 2
=N/A

* 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.


TechFinancials Days Payable Related Terms

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TechFinancials (AQSE:TECH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
TechFinancials Inc invests in technology related business, including artificial intelligence and machine learning and blockchain-based digitisation of assets. The Company's principle investment, RenewSenses using artificial intelligence, develops a wearable device to help people with visual impairment.