ACKIW (Ackrell SPAC Partners I Co) Days Payable: 0.00 (As of Jun. 2022)

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What is Ackrell SPAC Partners I Co Days Payable?

Ackrell SPAC Partners I Co ACKIW Days Payable is 0.00 as of Jun. 2022.

Ackrell SPAC Partners I Co's average Accounts Payable for the three months ended in Jun. 2022 was $1.39 Mil. Ackrell SPAC Partners I Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil.

The historical rank and industry rank for Ackrell SPAC Partners I Co's Days Payable or its related term are showing as below:

ACKIW's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 70.925
* Ranked among companies with meaningful Days Payable only.

Ackrell SPAC Partners I Co's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00). stayed the same

Ackrell SPAC Partners I Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ackrell SPAC Partners I Co'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.

Ackrell SPAC Partners I Co Days Payable Chart

Ackrell SPAC Partners I Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Days Payable
0.00 0.00 0.00 0.00

Ackrell SPAC Partners I Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ACKIW vs : Days Payable Comparison

For the Shell Companies subindustry, Ackrell SPAC Partners I Co'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.

Ackrell SPAC Partners I Co Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ackrell SPAC Partners I Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ackrell SPAC Partners I Co's Days Payable falls into.


Ackrell SPAC Partners I Co 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.

Ackrell SPAC Partners I Co's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.293 + 0.793) / 2 ) / 0*365
=0.543 / 0*365
=N/A

Ackrell SPAC Partners I Co's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (1.283 + 1.491) / 2 ) / 0*365 / 4
=1.387 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Ackrell SPAC Partners I Co (ACKIW) has a Days Payable of 0.00 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ackrell SPAC Partners I Co and its competitors.
Is Ackrell SPAC Partners I Co's Days Payable too high?
Ackrell SPAC Partners I Co's current Days Payable is 0.00.
How does Ackrell SPAC Partners I Co's Days Payable compare to ?
Ackrell SPAC Partners I Co's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 70.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 70.93, based on 72 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ackrell SPAC Partners I Co and its competitors. For the Diversified Financial Services industry, the median Days Payable is 70.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ackrell SPAC Partners I Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ackrell SPAC Partners I Co stock overvalued right now?
Ackrell SPAC Partners I Co (ACKIW) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ackrell SPAC Partners I Co (ACKIW), the current Days Payable is 0.00 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ackrell SPAC Partners I Co Business Description

Comparable Companies
Address 2093 Philadelphia Pike, Suite 1968, Claymont, DE, USA, 19703
Ackrell SPAC Partners I Co is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.