Quarticon (WAR:QON) Days Payable

: 136,213.44 (As of Sep. 2023)

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Quarticon's average Accounts Payable for the three months ended in Sep. 2023 was zł2.99 Mil. Quarticon's Cost of Goods Sold for the three months ended in Sep. 2023 was zł0.00 Mil. Hence, Quarticon's Days Payable for the three months ended in Sep. 2023 was 136,213.44.

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

WAR:QON' s Days Payable Range Over the Past 10 Years
Min: 1565.82 Med: 7443.39 Max: 22128.13
Current: 10862.56

During the past 7 years, Quarticon's highest Days Payable was 22128.13. The lowest was 1565.82. And the median was 7443.39.

WAR:QON's Days Payable is ranked better than
99.29% of 2522 companies
in the Software industry
Industry Median: 51.51 vs WAR:QON: 10862.56

Quarticon's Days Payable increased from Sep. 2022 (87,850.94) to Sep. 2023 (136,213.44). It may suggest that Quarticon delayed paying its suppliers.

Quarticon Days Payable Historical Data

The historical data trend for Quarticon'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.

Quarticon Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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1,565.82

2,489.10

7,443.39

22,128.13

21,304.47

Quarticon 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															87,850.94	6,961.27	20,257.50	5,664.76	136,213.44

Competitive Comparison

For the Software - Application subindustry, Quarticon'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.

Quarticon Days Payable Distribution

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

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

Quarticon 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.

Quarticon'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
=	( (1.643	+	2.793)	/	2 )	/	0.038	*	365
=	2.218					/	0.038	*	365
=	21,304.47

Quarticon'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
=	( (2.928	+	3.043)	/	2 )	/	0.002	*	365 / 4
=	2.9855					/	0.002	*	365 / 4
=	136,213.44

Quarticon Days Payable Related Terms

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

Quarticon (WAR:QON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quarticon SA (WAR:QON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleje Jerozolimskie 123A, Warszawa, POL, 02-017

Website

https://www.quarticon.com

Quarticon SA is a Poland based technology company. It provides solutions to e-shops and e-commerce industry by using modern technology based on artificial intelligence and machine learning algorithms. The company offer includes a recommendation engine, personalized banners, pop-ups, landing pages, and marketing automation. The development of QuarticOn is based on two business segments: Customer Data & Experience Platform and AI Fashion Stylist.

Quarticon (WAR:QON) Headlines

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