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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 Range Over the Past 10 Years
Min: 77.91   Med: 1460   Max: 1460
Current: 77.91

During the past 5 years, Vado's highest Days Payable was 1460.00. The lowest was 77.91. And the median was 1460.00.

VADP's Days Payable is not ranked
in the Diversified Financial Services industry.
Industry Median: 84.53 vs VADP: 77.91

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 Shell Companies 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 Diversified Financial Services Industry

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

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


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 (VADP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 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
4001 South 700 East, Suite 500, Salt Lake City, UT, USA, 84107
Website
https://www.vadocorphq.com
Vado Corp is a development stage company seeking new business opportunities in the United States and abroad.