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Voice Mobility International (TSXV:VMY.H) Days Payable : 4,516.88 (As of Sep. 2023)


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What is Voice Mobility International Days Payable?

Voice Mobility International's average Accounts Payable for the three months ended in Sep. 2023 was C$0.25 Mil. Voice Mobility International's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, Voice Mobility International's Days Payable for the three months ended in Sep. 2023 was 4,516.88.

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

TSXV:VMY.H' s Days Payable Range Over the Past 10 Years
Min: 779.37   Med: 2436.86   Max: 6300.22
Current: 4395.37

During the past 13 years, Voice Mobility International's highest Days Payable was 6300.22. The lowest was 779.37. And the median was 2436.86.

TSXV:VMY.H's Days Payable is ranked better than
98.56% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs TSXV:VMY.H: 4395.37

Voice Mobility International's Days Payable increased from Sep. 2022 (4,078.88) to Sep. 2023 (4,516.88). It may suggest that Voice Mobility International delayed paying its suppliers.


Voice Mobility International Days Payable Historical Data

The historical data trend for Voice Mobility 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.

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Voice Mobility International Days Payable Chart

Voice Mobility International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,478.68 2,117.85 3,682.76 6,300.22 4,042.38

Voice Mobility International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 4,078.88 3,942.00 4,950.31 4,224.88 4,516.88

Competitive Comparison of Voice Mobility International's Days Payable

For the Telecom Services subindustry, Voice Mobility 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.


Voice Mobility International's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Voice Mobility International's Days Payable distribution charts can be found below:

* The bar in red indicates where Voice Mobility International's Days Payable falls into.



Voice Mobility 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.

Voice Mobility International's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.226 + 0.217) / 2 ) / 0.02*365
=0.2215 / 0.02*365
=4,042.38

Voice Mobility International'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
=( (0.246 + 0.249) / 2 ) / 0.005*365 / 4
=0.2475 / 0.005*365 / 4
=4,516.88

* 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.


Voice Mobility International Days Payable Related Terms

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Voice Mobility International (TSXV:VMY.H) Business Description

Traded in Other Exchanges
N/A
Address
1600 - 609 Granville Street, Vancouver, BC, CAN, V7Y 1C3
Voice Mobility International Inc provides a unified communications service through its Tagline Communications division. It offers services like 1-800 numbers, voice recognition, fax to email, auto attendant, web-based telephony, and conferencing functionality to business professionals throughout North America.

Voice Mobility International (TSXV:VMY.H) Headlines

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