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Vado (VADP) Days Payable : 80.21 (As of Sep. 2023)


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What is Vado Days Payable?

Vado's average Accounts Payable for the three months ended in Sep. 2023 was $2.29 Mil. Vado's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.60 Mil. Hence, Vado's Days Payable for the three months ended in Sep. 2023 was 80.21.

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

VADP's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 89.83
* Ranked among companies with meaningful Days Payable only.

Vado's Days Payable increased from Aug. 2022 (0.00) to Sep. 2023 (80.21). It may suggest that Vado delayed paying its suppliers.

Vado Days Payable Historical Data

The historical data trend for Vado'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.

Vado Days Payable Chart

Vado Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Days Payable
- 1,460.00 - - -

Vado Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23
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 - - 38.35 67.15 80.21

Competitive Comparison of Vado's Days Payable

For the Advertising Agencies subindustry, Vado'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.

Vado's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vado's Days Payable distribution charts can be found below:

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


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Vado 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.

Vado's Days Payable for the fiscal year that ended in Nov. 2021 is calculated as

Days Payable (A: Nov. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2020 ) + Accounts Payable (A: Nov. 2021 )) / count ) / Cost of Goods Sold (A: Nov. 2021 )*Days in Period
=( (0.012 + 0.002) / 2 ) / 0*365
=0.007 / 0*365
=N/A

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

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2.043 + 2.528) / 2 ) / 2.6*365 / 4
=2.2855 / 2.6*365 / 4
=80.21

* 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.

Vado Days Payable Related Terms

Thank you for viewing the detailed overview of Vado's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vado Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vado Corp (OTCPK:VADP) » Definitions » Days Payable
Comparable Companies
BFAC PRPC ISRL CONX CFIV PHYT BOAC CFFS RCFA PPYA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
73 Market Street, Venice, CA, USA, 84107
Website
https://www.vadocorphq.com
Vado Corp is an omnichannel programmatic advertising company that partners with challenger brands and independent agencies to increase their revenues and lower their cost of customer acquisition through its powerful combination of integrated platform solutions, advanced data science tools, and seasoned and strategic talent. The company deliver a suite of products and tools that allow marketers to engage and convert their desired audience segments with data-powered precision, driven by personalized messaging crafted to an exact moment within the often non-linear conversion journey of today's consumer.