XR Immersive Tech (XCNQ:VRAI) Days Payable : 45,488.13 (As of Sep. 2023)

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What is XR Immersive Tech Days Payable?

XR Immersive Tech's average Accounts Payable for the three months ended in Sep. 2023 was C$0.50 Mil. XR Immersive Tech's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.00 Mil. Hence, XR Immersive Tech's Days Payable for the three months ended in Sep. 2023 was 45,488.13.

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

XCNQ:VRAI' s Days Payable Range Over the Past 10 Years
Min: 35.35 Med: 256.74 Max: 1903.27
Current: 1903.27

During the past 3 years, XR Immersive Tech's highest Days Payable was 1903.27. The lowest was 35.35. And the median was 256.74.

XCNQ:VRAI's Days Payable is ranked better than
99.34% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs XCNQ:VRAI: 1903.27

XR Immersive Tech's Days Payable increased from Sep. 2022 (284.56) to Sep. 2023 (45,488.13). It may suggest that XR Immersive Tech delayed paying its suppliers.

XR Immersive Tech Days Payable Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech Days Payable Chart

XR Immersive Tech Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

35.35

363.10

256.74

XR Immersive Tech Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial								284.56	559.04	10,744.69	8,176.00	45,488.13

Competitive Comparison of XR Immersive Tech's Days Payable

For the Computer Hardware subindustry, XR Immersive Tech'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.

XR Immersive Tech's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XR Immersive Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where XR Immersive Tech's Days Payable falls into.

XR Immersive Tech 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.

XR Immersive Tech'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
=	( (0.105	+	0.476)	/	2 )	/	0.413	*	365
=	0.2905					/	0.413	*	365
=	256.74

XR Immersive Tech'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
=	( (0.43	+	0.567)	/	2 )	/	0.001	*	365 / 4
=	0.4985					/	0.001	*	365 / 4
=	45,488.13

XR Immersive Tech Days Payable Related Terms

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XR Immersive Tech (XCNQ:VRAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XR Immersive Tech Inc (XCNQ:VRAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FNTTF:USA 79W:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.immersivetech.co

XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (XCNQ:VRAI) Headlines

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