BWMY (BorrowMoney.com) Days Payable: 13.04 (As of Feb. 2024)

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What is BorrowMoney.com Days Payable?

BorrowMoney.com BWMY Days Payable is 13.04 as of Feb. 2024.

BorrowMoney.com's average Accounts Payable for the three months ended in Feb. 2024 was $0.00 Mil. BorrowMoney.com's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.02 Mil. Hence, BorrowMoney.com's Days Payable for the three months ended in Feb. 2024 was 13.04.

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

BWMY's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.455
* Ranked among companies with meaningful Days Payable only.

BorrowMoney.com's Days Payable declined from Feb. 2023 (278.31) to Feb. 2024 (13.04). It may suggest that BorrowMoney.com accelerated paying its suppliers.

BorrowMoney.com Days Payable Historical Data

* Premium members only.

The historical data trend for BorrowMoney.com'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.

BorrowMoney.com Days Payable Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial 223.06 0.00 0.00 5,931.25 0.00

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 278.31 0.00 0.00 45.63 13.04

BWMY vs CHWWQ, V, MA: Days Payable Comparison

For the Credit Services subindustry, BorrowMoney.com'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.

BorrowMoney.com Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, BorrowMoney.com's Days Payable distribution charts can be found below:

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


BorrowMoney.com 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.

BorrowMoney.com's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0.031 + 0.018) / 2 ) / 0*365
=0.0245 / 0*365
=N/A

BorrowMoney.com's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.003 + 0.003) / 2 ) / 0.021*365 / 4
=0.003 / 0.021*365 / 4
=13.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 13.04 mean?
BorrowMoney.com (BWMY) has a Days Payable of 13.04 as of Feb. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BorrowMoney.com and its competitors.
Is BorrowMoney.com's Days Payable too high?
BorrowMoney.com's current Days Payable is 13.04. The Credit Services industry median Days Payable is 33.46. BorrowMoney.com's value of 13.04 is 61% below this industry median.
How does BorrowMoney.com's Days Payable compare to CHWWQ and V?
BorrowMoney.com's Days Payable of 13.04 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.46. BorrowMoney.com's value of 13.04 is 61% below 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.46, based on 302 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. BorrowMoney.com's current Days Payable of 13.04 is 61% below 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 BorrowMoney.com and its competitors. For the Credit Services industry, the median Days Payable is 33.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BorrowMoney.com's current Days Payable is 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BorrowMoney.com stock overvalued right now?
BorrowMoney.com (BWMY) has a current Days Payable of 13.04. The current Days Payable is 13.04 and 61% below the Credit Services industry median of 33.46. 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 BorrowMoney.com (BWMY), the current Days Payable is 13.04 as of Feb. 2024. 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.

BorrowMoney.com Business Description

Address 512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.