Global Connectivity (AQSE:GCON) Days Payable: 207.16 (As of Dec. 2021)


What is Global Connectivity Days Payable?

Global Connectivity AQSE:GCON Days Payable is 207.16 as of Dec. 2021.

Global Connectivity's average Accounts Payable for the six months ended in Dec. 2021 was £0.19 Mil. Global Connectivity's Cost of Goods Sold for the six months ended in Dec. 2021 was £0.33 Mil. Hence, Global Connectivity's Days Payable for the six months ended in Dec. 2021 was 103.58.

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

AQSE:GCON's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 106.335
* Ranked among companies with meaningful Days Payable only.

Global Connectivity's Days Payable declined from Dec. 2019 (2,000.20) to Dec. 2021 (207.16). It may suggest that Global Connectivity accelerated paying its suppliers.

Global Connectivity Days Payable Historical Data

* Premium members only.

The historical data trend for Global Connectivity'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.

Global Connectivity Days Payable Chart

Global Connectivity Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 0.00 2,000.20 1,399.17 207.16

Global Connectivity Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Dec21
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 3.17 0.00 2,000.20 1,399.17 207.16

AQSE:GCON vs CMCSA, TMUS, VZ: Days Payable Comparison

For the Telecom Services subindustry, Global Connectivity'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.

Global Connectivity Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Global Connectivity's Days Payable distribution charts can be found below:

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


Global Connectivity 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.

Global Connectivity'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
=( (0.115 + 0.263) / 2 ) / 0.333*365
=0.189 / 0.333*365
=207.16

Global Connectivity's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

Days Payable (Q: Dec. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (0.115 + 0.263) / 2 ) / 0.333*365 / 2
=0.189 / 0.333*365 / 2
=103.58

* 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 207.16 mean?
Global Connectivity (AQSE:GCON) has a Days Payable of 207.16 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Global Connectivity and its competitors.
Is Global Connectivity's Days Payable too high?
Global Connectivity's current Days Payable is 207.16. The Telecommunication Services industry median Days Payable is 106.34. Global Connectivity's value of 207.16 is 94.8% above this industry median.
How does Global Connectivity's Days Payable compare to CMCSA and TMUS?
Global Connectivity's Days Payable of 207.16 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. Global Connectivity's value of 207.16 is 94.8% 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Global Connectivity's current Days Payable of 207.16 is 94.8% 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 Global Connectivity and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Connectivity's current Days Payable is 207.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Connectivity stock overvalued right now?
Global Connectivity (AQSE:GCON) has a current Days Payable of 207.16. The current Days Payable is 207.16 and 94.8% above the Telecommunication Services industry median of 106.34. 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 Global Connectivity (AQSE:GCON), the current Days Payable is 207.16 as of Dec. 2021. 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.

Global Connectivity Business Description

Address 54-62 Athol Street, Exchange House, Douglas, IMN, IM1 1JD
Global Connectivity PLC is prioritizing high-speed connectivity within rural communities through the implementation of hybrid infrastructure that will bridge the gap between deep rural and urban edges. With the continual advancements in wireless technologies, its hybrid solutions will deliver ultrafast, gigabit-capable, and 5G ready connectivity into deep rural communities in a scaleable and efficient manner. The company is prioritizing rural connectivity whilst creating a blueprint for deep rural communities across the United Kingdom.