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AZ (A2Z Cust2Mate Solutions) Days Payable : 195.04 (As of Sep. 2024)


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What is A2Z Cust2Mate Solutions Days Payable?

A2Z Cust2Mate Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $2.84 Mil. A2Z Cust2Mate Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.33 Mil. Hence, A2Z Cust2Mate Solutions's Days Payable for the three months ended in Sep. 2024 was 195.04.

The historical rank and industry rank for A2Z Cust2Mate Solutions's Days Payable or its related term are showing as below:

AZ' s Days Payable Range Over the Past 10 Years
Min: 77.15   Med: 137.62   Max: 237.27
Current: 157

During the past 6 years, A2Z Cust2Mate Solutions's highest Days Payable was 237.27. The lowest was 77.15. And the median was 137.62.

AZ's Days Payable is ranked better than
78.92% of 2514 companies
in the Software industry
Industry Median: 50.4 vs AZ: 157.00

A2Z Cust2Mate Solutions's Days Payable increased from Sep. 2023 (109.60) to Sep. 2024 (195.04). It may suggest that A2Z Cust2Mate Solutions delayed paying its suppliers.


A2Z Cust2Mate Solutions Days Payable Historical Data

The historical data trend for A2Z Cust2Mate 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.

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A2Z Cust2Mate Solutions Days Payable Chart

A2Z Cust2Mate Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 237.27 224.65 137.62 78.01 77.15

A2Z Cust2Mate Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 109.60 147.80 114.50 146.26 195.04

Competitive Comparison of A2Z Cust2Mate Solutions's Days Payable

For the Software - Application subindustry, A2Z Cust2Mate 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.


A2Z Cust2Mate Solutions's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, A2Z Cust2Mate Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where A2Z Cust2Mate Solutions's Days Payable falls into.


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A2Z Cust2Mate 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.

A2Z Cust2Mate Solutions's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2.224 + 1.742) / 2 ) / 9.382*365
=1.983 / 9.382*365
=77.15

A2Z Cust2Mate Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.84 + 2.837) / 2 ) / 1.328*365 / 4
=2.8385 / 1.328*365 / 4
=195.04

* 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.


A2Z Cust2Mate Solutions Days Payable Related Terms

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A2Z Cust2Mate Solutions Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
A2Z Cust2Mate Solutions Corp is engaged in creating shopping carts. With the help of a user-friendly smart algorithm, touch screen, and other technologies, the company streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply pick & go, and bypass long cashier checkout lines.