AICOF (Generative AI Solutions) Days Payable: 107.35 (As of Oct. 2024)

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AICOF Generative AI Solutions Corp AICOF
34 GF Score
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What is Generative AI Solutions Days Payable?

Generative AI Solutions AICOF 34 Days Payable is 107.35 as of Oct. 2024. GuruFocus rates AICOF with a GF Score™ of 34/100.

Generative AI Solutions's average Accounts Payable for the three months ended in Oct. 2024 was $0.26 Mil. Generative AI Solutions's Cost of Goods Sold for the three months ended in Oct. 2024 was $0.22 Mil. Hence, Generative AI Solutions's Days Payable for the three months ended in Oct. 2024 was 107.35.

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

AICOF's Days Payable is not ranked *
in the Software industry.
Industry Median: 52.785
* Ranked among companies with meaningful Days Payable only.

Generative AI Solutions's Days Payable increased from Oct. 2023 (0.00) to Oct. 2024 (107.35). It may suggest that Generative AI Solutions delayed paying its suppliers.


Generative AI Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Generative AI Solutions'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.

Generative AI Solutions Days Payable Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Days Payable
0.00 0.00 39.20

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.00 13.07 38.33 69.56 107.35

AICOF vs QH, TRSO, OBLG: Days Payable Comparison

For the Software - Application subindustry, Generative AI Solutions'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.


Generative AI Solutions Days Payable vs Software Industry

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

* The bar in red indicates where Generative AI Solutions's Days Payable falls into.


AICOF
34GF Score
Generative AI Solutions Corp AICOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Generative AI Solutions 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.

Generative AI Solutions's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0.013 + 0.08) / 2 ) / 0.433*365
=0.0465 / 0.433*365
=39.20

Generative AI Solutions's Days Payable for the quarter that ended in Oct. 2024 is calculated as:

Days Payable (Q: Oct. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2024 ) + Accounts Payable (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (0.284 + 0.236) / 2 ) / 0.221*365 / 4
=0.26 / 0.221*365 / 4
=107.35

* 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 107.35 mean?
Generative AI Solutions (AICOF) has a Days Payable of 107.35 as of Oct. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Generative AI Solutions and its competitors.
Is Generative AI Solutions' Days Payable too high?
Generative AI Solutions' current Days Payable is 107.35. The Software industry median Days Payable is 52.79. Generative AI Solutions' value of 107.35 is 103.4% above this industry median. Overall, Generative AI Solutions has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Generative AI Solutions' Days Payable compare to QH and TRSO?
Generative AI Solutions' Days Payable of 107.35 can be compared against companies in the Software industry. The industry median Days Payable is 52.79. Generative AI Solutions' value of 107.35 is 103.4% above this benchmark. 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. Generative AI Solutions's current Days Payable of 107.35 is 103.4% above the industry median. 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 Generative AI Solutions and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generative AI Solutions's current Days Payable is 107.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generative AI Solutions stock overvalued right now?
Generative AI Solutions (AICOF) has a current Days Payable of 107.35. The current Days Payable is 107.35 and 103.4% above the Software industry median of 52.79. Generative AI Solutions' overall GF Score™ is 34/100. 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 Generative AI Solutions (AICOF), the current Days Payable is 107.35 as of Oct. 2024. 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.

Generative AI Solutions Business Description

Address 550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.
34GF Score

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