BIGG Digital Assets (BIGG Digital Assets) Days Payable : 48.01 (As of Dec. 2023)

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What is BIGG Digital Assets Days Payable?

BIGG Digital Assets's average Accounts Payable for the three months ended in Dec. 2023 was $0.99 Mil. BIGG Digital Assets's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.88 Mil. Hence, BIGG Digital Assets's Days Payable for the three months ended in Dec. 2023 was 48.01.

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

BBKCF' s Days Payable Range Over the Past 10 Years
Min: 9.69 Med: 54.78 Max: 5127.38
Current: 77.48

During the past 9 years, BIGG Digital Assets's highest Days Payable was 5127.38. The lowest was 9.69. And the median was 54.78.

BBKCF's Days Payable is ranked worse than
54.67% of 525 companies
in the Capital Markets industry
Industry Median: 102.67 vs BBKCF: 77.48

BIGG Digital Assets's Days Payable declined from Sep. 2022 (49.56) to Dec. 2023 (48.01). It may suggest that BIGG Digital Assets accelerated paying its suppliers.

BIGG Digital Assets Days Payable Historical Data

The historical data trend for BIGG Digital Assets'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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BIGG Digital Assets Days Payable Chart

BIGG Digital Assets Annual Data

Trend

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.91

37.36

73.64

72.07

BIGG Digital Assets Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															49.56	69.31	65.08	47.48	48.01

Competitive Comparison of BIGG Digital Assets's Days Payable

For the Capital Markets subindustry, BIGG Digital Assets'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.

BIGG Digital Assets's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BIGG Digital Assets's Days Payable distribution charts can be found below:

* The bar in red indicates where BIGG Digital Assets's Days Payable falls into.

BIGG Digital Assets 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.

BIGG Digital Assets'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
=	( (1.556	+	1.131)	/	2 )	/	6.804	*	365
=	1.3435					/	6.804	*	365
=	72.07

BIGG Digital Assets'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
=	( (0.844	+	1.131)	/	2 )	/	1.877	*	365 / 4
=	0.9875					/	1.877	*	365 / 4
=	48.01

BIGG Digital Assets Days Payable Related Terms

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BIGG Digital Assets (BIGG Digital Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIGG Digital Assets Inc (OTCPK:BBKCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7111:Germany BIGG:Canada

Address

1130 West Pender Street, Suite 1220, Vancouver, BC, CAN, V6E 4A4

Website

https://www.biggdigitalassets.com

BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. It has two operating divisions which provide blockchain search products to large enterprises with significant data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.