Tap Global Group (AQSE:TAP) Days Payable : 0.00 (As of Jun. 2022)

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What is Tap Global Group Days Payable?

Tap Global Group's average Accounts Payable for the six months ended in Jun. 2022 was £0.03 Mil. Tap Global Group's Cost of Goods Sold for the six months ended in Jun. 2022 was £0.00 Mil.

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

AQSE:TAP' s Days Payable Range Over the Past 10 Years
Min: 103.07 Med: 103.07 Max: 103.07
Current: 103.07

During the past 9 years, Tap Global Group's highest Days Payable was 103.07. The lowest was 103.07. And the median was 103.07.

AQSE:TAP's Days Payable is ranked better than
70.17% of 2524 companies
in the Software industry
Industry Median: 49.575 vs AQSE:TAP: 103.07

Tap Global Group's Days Payable stayed the same from Jun. 2020 (0.00) to Jun. 2022 (0.00).

Tap Global Group Days Payable Historical Data

The historical data trend for Tap Global Group'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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Tap Global Group Days Payable Chart

Tap Global Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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103.07

Tap Global Group Semi-Annual Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Tap Global Group's Days Payable

For the Software - Application subindustry, Tap Global Group'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.

Tap Global Group's Days Payable Distribution in the Software Industry

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

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

Tap Global Group 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.

Tap Global Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.042	+	0.237)	/	2 )	/	0.494	*	365
=	0.1395					/	0.494	*	365
=	103.07

Tap Global Group'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: Jun. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.012	+	0.042)	/	2 )	/	0	*	365 / 2
=	0.027					/	0	*	365 / 2
=	N/A

Tap Global Group Days Payable Related Terms

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Tap Global Group (AQSE:TAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tap Global Group Plc (AQSE:TAP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tap.global

Tap Global Group Plc is a regulated and fully integrated crypto-fiat exchange service provider with an associated neo banking platform. Tap's mission is to create a seamless and fully regulated bridge that links fiat banking, traditional assets and crypto markets. Built on its exchange foundation, the company also offers consumer and corporate crypto-fiat banking services and DeFi yield products.