Tecsys (TSX:TCS) Days Payable : 0.00 (As of Jan. 2024)

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What is Tecsys Days Payable?

Tecsys's average Accounts Payable for the three months ended in Jan. 2024 was C$0.0 Mil. Tecsys's Cost of Goods Sold for the three months ended in Jan. 2024 was C$23.9 Mil. Hence, Tecsys's Days Payable for the three months ended in Jan. 2024 was 0.00.

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

TSX:TCS' s Days Payable Range Over the Past 10 Years
Min: 19.57 Med: 21.95 Max: 27.42
Current: 27.42

During the past 13 years, Tecsys's highest Days Payable was 27.42. The lowest was 19.57. And the median was 21.95.

TSX:TCS's Days Payable is ranked worse than
69.89% of 2527 companies
in the Software industry
Industry Median: 50.54 vs TSX:TCS: 27.42

Tecsys's Days Payable stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00). stayed the same

Tecsys Days Payable Historical Data

The historical data trend for Tecsys'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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Tecsys Days Payable Chart

Tecsys Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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21.67

22.22

19.57

23.06

Tecsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															-	27.73	28.16	-	-

Competitive Comparison of Tecsys's Days Payable

For the Software - Application subindustry, Tecsys'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.

Tecsys's Days Payable Distribution in the Software Industry

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

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

Tecsys 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.

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

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (3.88	+	6.937)	/	2 )	/	85.615	*	365
=	5.4085					/	85.615	*	365
=	23.06

Tecsys's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	23.893	*	365 / 4
=	0					/	23.893	*	365 / 4
=	0.00

Tecsys Days Payable Related Terms

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Tecsys (TSX:TCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecsys Inc (TSX:TCS) » Definitions » Days Payable

Comparable Companies

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TCYSF:USA

Address

1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8

Website

https://www.tecsys.com

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada and Other Countries. Its only operating segment is the development and marketing of enterprise-wide distribution software and related services.

Executives