QuickFee (ASX:QFE) Days Payable : 141.51 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is QuickFee Days Payable?

QuickFee's average Accounts Payable for the six months ended in Dec. 2024 was A$1.04 Mil. QuickFee's Cost of Goods Sold for the six months ended in Dec. 2024 was A$1.34 Mil. Hence, QuickFee's Days Payable for the six months ended in Dec. 2024 was 141.51.

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

ASX:QFE' s Days Payable Range Over the Past 10 Years
Min: 64.38 Med: 84.35 Max: 146.54
Current: 146.54

During the past 5 years, QuickFee's highest Days Payable was 146.54. The lowest was 64.38. And the median was 84.35.

ASX:QFE's Days Payable is ranked better than
77.58% of 2529 companies
in the Software industry
Industry Median: 50.37 vs ASX:QFE: 146.54

QuickFee's Days Payable increased from Dec. 2023 (135.44) to Dec. 2024 (141.51). It may suggest that QuickFee delayed paying its suppliers.

QuickFee Days Payable Historical Data

The historical data trend for QuickFee'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.

* Premium members only.

QuickFee Days Payable Chart

QuickFee Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

84.35

64.38

70.01

94.80

85.94

QuickFee Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial						123.37	131.20	135.44	114.26	141.51

Competitive Comparison of QuickFee's Days Payable

For the Software - Infrastructure subindustry, QuickFee'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.

QuickFee's Days Payable Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

QuickFee 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.

QuickFee's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.874	+	0.535)	/	2 )	/	2.992	*	365
=	0.7045					/	2.992	*	365
=	85.94

QuickFee's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.535	+	1.54)	/	2 )	/	1.338	*	365 / 2
=	1.0375					/	1.338	*	365 / 2
=	141.51

QuickFee Days Payable Related Terms

Thank you for viewing the detailed overview of QuickFee's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

QuickFee Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QuickFee Ltd (ASX:QFE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Century Circuit, Suite 4.07, Norwest, Sydney, NSW, AUS, 2153

Website

https://www.quickfee.com

QuickFee Ltd is a financial technology company. The company's segment consists of payment and lending operations in Australia (AU) and the United States and product development. It generates maximum revenue from the Australia segment. The Australia segment developed a QuickFee platform for Australian firms allowing them to accept monthly payment plans where clients obtain finance online from QuickFee AU to facilitate invoice payments to the firm in full.

QuickFee Headlines

No Headlines