GetSwift Technologies (ASX:GSW) Days Payable : 316.86 (As of Mar. 2021)

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What is GetSwift Technologies Days Payable?

GetSwift Technologies's average Accounts Payable for the three months ended in Mar. 2021 was A$8.70 Mil. GetSwift Technologies's Cost of Goods Sold for the three months ended in Mar. 2021 was A$2.51 Mil. Hence, GetSwift Technologies's Days Payable for the three months ended in Mar. 2021 was 316.86.

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

ASX:GSW's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.65
* Ranked among companies with meaningful Days Payable only.

GetSwift Technologies's Days Payable increased from Dec. 2019 (0.00) to Mar. 2021 (316.86). It may suggest that GetSwift Technologies delayed paying its suppliers.

GetSwift Technologies Days Payable Historical Data

The historical data trend for GetSwift Technologies'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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GetSwift Technologies Days Payable Chart

GetSwift Technologies Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Days Payable

669.17

12,609.48

GetSwift Technologies Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21
Days Payable	Get a 7-Day Free Trial											-	90.76	-	-	316.86

Competitive Comparison of GetSwift Technologies's Days Payable

For the Software - Application subindustry, GetSwift Technologies'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.

GetSwift Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, GetSwift Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where GetSwift Technologies's Days Payable falls into.

GetSwift Technologies 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.

GetSwift Technologies's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2019 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (2.749	+	15.258)	/	2 )	/	0	*	365
=	9.0035					/	0	*	365
=	N/A

GetSwift Technologies's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

	Days Payable (Q: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2020 )	+	Accounts Payable (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (0	+	8.702)	/	1 )	/	2.506	*	365 / 4
=	8.702					/	2.506	*	365 / 4
=	316.86

GetSwift Technologies Days Payable Related Terms

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GetSwift Technologies (ASX:GSW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetSwift Technologies Ltd (ASX:GSW) » Definitions » Days Payable

Comparable Companies

TSXV:ID XSAT:JOJK XCNQ:PLNK ASX:AO1 WAR:ITL WAR:MAD XCNQ:PPK OCSE:NEXCOM TSXV:NPA XCNQ:PUSH

Traded in Other Exchanges

N/A

Address

1185 6th Avenue, New York, NY, USA, 10036

Website

https://www.getswift.co

GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.

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