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Sparc AI (Sparc AI) Days Payable : 0.00 (As of Mar. 2024)


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What is Sparc AI Days Payable?

Sparc AI's average Accounts Payable for the three months ended in Mar. 2024 was $0.04 Mil. Sparc AI's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

EGTTF' s Days Payable Range Over the Past 10 Years
Min: 20.55   Med: 126.98   Max: 582.65
Current: 375.62

During the past 5 years, Sparc AI's highest Days Payable was 582.65. The lowest was 20.55. And the median was 126.98.

EGTTF's Days Payable is ranked better than
91.13% of 2538 companies
in the Software industry
Industry Median: 50.19 vs EGTTF: 375.62

Sparc AI's Days Payable declined from Mar. 2023 (301.59) to Mar. 2024 (0.00). It may suggest that Sparc AI accelerated paying its suppliers.


Sparc AI Days Payable Historical Data

The historical data trend for Sparc AI'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.

Sparc AI Days Payable Chart

Sparc AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 89.39 20.53 165.37 574.60

Sparc AI Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 301.59 143.89 - 882.08 -

Competitive Comparison of Sparc AI's Days Payable

For the Software - Application subindustry, Sparc AI'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.


Sparc AI's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Sparc AI's Days Payable distribution charts can be found below:

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



Sparc AI 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.

Sparc AI'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
=( (0.27 + 0.048) / 2 ) / 0.101*365
=0.159 / 0.101*365
=574.60

Sparc AI's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.048 + 0.027) / 2 ) / 0*365 / 4
=0.0375 / 0*365 / 4
=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.


Sparc AI Days Payable Related Terms

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Sparc AI (Sparc AI) Business Description

Traded in Other Exchanges
Address
71 Victoria Crescent, Building 17, Abbotsford, VIC, AUS, 3067
Sparc AI Inc Formerly EYEFI Group Technologies Inc is a software and electronics engineering company that has developed, patented and commercialized an innovative spatial technology; spatial, predictive, approximation and radial convolution (SPARC) and an associated product suite, that turns sensors, cameras and smartphones (fixed, mobile, airborne, portable or handheld) into geo-target co-ordinate acquisition devices. The company has also developed IIoT sensor hardware and associated cloud software, as a second pillar within its product offering. Its Cloud is a next-generation cloud platform that provides a secure and centralized environment where customers can manage their EYEfi product deployments and applications. It has one segment software and electronics engineering services.

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