Givex (TSX:GIVX) Days Payable

: 137.63 (As of Dec. 2023)

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Givex's average Accounts Payable for the three months ended in Dec. 2023 was C$11.13 Mil. Givex's Cost of Goods Sold for the three months ended in Dec. 2023 was C$7.38 Mil. Hence, Givex's Days Payable for the three months ended in Dec. 2023 was 137.63.

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

TSX:GIVX' s Days Payable Range Over the Past 10 Years
Min: 112.33 Med: 148.59 Max: 200.35
Current: 155.82

During the past 4 years, Givex's highest Days Payable was 200.35. The lowest was 112.33. And the median was 148.59.

TSX:GIVX's Days Payable is ranked better than
78.77% of 2525 companies
in the Software industry
Industry Median: 51.49 vs TSX:GIVX: 155.82

Givex's Days Payable declined from Dec. 2022 (163.50) to Dec. 2023 (137.63). It may suggest that Givex accelerated paying its suppliers.

Givex Days Payable Historical Data

The historical data trend for Givex'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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Givex Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

112.33

125.38

171.80

200.35

Givex Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable										163.50	172.11	143.70	127.31	137.63

Competitive Comparison

For the Software - Infrastructure subindustry, Givex'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.

Givex Days Payable Distribution

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

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

Givex 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.

Givex'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
=	( (13.696	+	13.449)	/	2 )	/	24.727	*	365
=	13.5725					/	24.727	*	365
=	200.35

Givex'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
=	( (8.819	+	13.449)	/	2 )	/	7.382	*	365 / 4
=	11.134					/	7.382	*	365 / 4
=	137.63

Givex Days Payable Related Terms

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

Givex (TSX:GIVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Givex Corp (TSX:GIVX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GIVXF:USA

Address

134 Peter Street, Toronto, ON, CAN, M5V 2H2

Website

https://web.givex.com

Givex Corp is a cloud-based, omnichannel technology platform, that integrates gift and loyalty programs, point of sale systems, and flexible payment services to enterprise-level retail and hospitality merchants. Its products include Gift cards, Loyalty Programs, Mobile App, Analytics, and Ordering kiosk among others. Geographically, it derives a majority of revenue from Canada.

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