Currency Exchange International (Currency Exchange International) Days Payable

: 234.10 (As of Jan. 2024)

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Currency Exchange International's average Accounts Payable for the three months ended in Jan. 2024 was $24.51 Mil. Currency Exchange International's Cost of Goods Sold for the three months ended in Jan. 2024 was $9.55 Mil. Hence, Currency Exchange International's Days Payable for the three months ended in Jan. 2024 was 234.10.

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

CURN' s Days Payable Range Over the Past 10 Years
Min: 88.91 Med: 181.83 Max: 409.93
Current: 240.97

During the past 13 years, Currency Exchange International's highest Days Payable was 409.93. The lowest was 88.91. And the median was 181.83.

CURN's Days Payable is ranked better than
62.86% of 525 companies
in the Capital Markets industry
Industry Median: 95.55 vs CURN: 240.97

Currency Exchange International's Days Payable declined from Jan. 2023 (255.13) to Jan. 2024 (234.10). It may suggest that Currency Exchange International accelerated paying its suppliers.

Currency Exchange International Days Payable Historical Data

The historical data trend for Currency Exchange International'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 208.41 [6] => 277.86 [7] => 409.93 [8] => 377.02 [9] => 262.76 )

Currency Exchange International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

208.41

277.86

409.93

377.02

262.76

Currency Exchange International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																255.13	272.37	263.93	210.36	234.10

Competitive Comparison

For the Capital Markets subindustry, Currency Exchange International'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.

Currency Exchange International Days Payable Distribution

For the Capital Markets industry and Financial Services sector, Currency Exchange International's Days Payable distribution charts can be found below:

* The bar in red indicates where Currency Exchange International's Days Payable falls into.

Currency Exchange International 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.

Currency Exchange International's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (27.839	+	21.022)	/	2 )	/	33.936	*	365
=	24.4305					/	33.936	*	365
=	262.76

Currency Exchange International'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
=	( (21.022	+	27.989)	/	2 )	/	9.552	*	365 / 4
=	24.5055					/	9.552	*	365 / 4
=	234.10

Currency Exchange International Days Payable Related Terms

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Currency Exchange International (Currency Exchange International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Currency Exchange International Corp (OTCPK:CURN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CXI:Canada

Address

6675 Westwood Boulevard, Suite 300, Orlando, FL, USA, 32821

Website

https://www.ceifx.com

Currency Exchange International Corp operates as a money service and payments business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.