UpSnap (UpSnap) Days Payable : 763.66 (As of Sep. 2023)

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What is UpSnap Days Payable?

UpSnap's average Accounts Payable for the three months ended in Sep. 2023 was $0.51 Mil. UpSnap's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.06 Mil. Hence, UpSnap's Days Payable for the three months ended in Sep. 2023 was 763.66.

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

CEENQ' s Days Payable Range Over the Past 10 Years
Min: 181.6 Med: 415.14 Max: 997.46
Current: 997.46

During the past 13 years, UpSnap's highest Days Payable was 997.46. The lowest was 181.60. And the median was 415.14.

CEENQ's Days Payable is not ranked
in the Media - Diversified industry.
Industry Median: 79.27 vs CEENQ: 997.46

UpSnap's Days Payable declined from Sep. 2022 (1,770.60) to Sep. 2023 (763.66). It may suggest that UpSnap accelerated paying its suppliers.

UpSnap Days Payable Historical Data

The historical data trend for UpSnap'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.

UpSnap Days Payable Chart

UpSnap Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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386.27

557.59

958.13

938.73

634.65

UpSnap Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															1,770.60	1,458.53	673.31	683.03	763.66

Competitive Comparison of UpSnap's Days Payable

For the Advertising Agencies subindustry, UpSnap'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.

UpSnap's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, UpSnap's Days Payable distribution charts can be found below:

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

UpSnap 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.

UpSnap's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.412	+	0.44)	/	2 )	/	0.245	*	365
=	0.426					/	0.245	*	365
=	634.65

UpSnap's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.484	+	0.537)	/	2 )	/	0.061	*	365 / 4
=	0.5105					/	0.061	*	365 / 4
=	763.66

UpSnap Days Payable Related Terms

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UpSnap (UpSnap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » UpSnap Inc (OTCPK:CEENQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UP:Canada

Address

100 Consilium Place, Suite 200, Toronto, ON, CAN, M1H 3E3

Website

https://www.upsnap.com

UpSnap Inc is a provider of mobile advertising solutions. It offers its mobile advertising services to national brands on a campaign basis and to small businesses on a subscription basis. In addition, it is involved in the licensing and support of its software solutions, as well as sale and service of software and hosting solutions. The company is conducting business in two geographic areas of operations - the United States and the rest of the world. It generates revenue from advertising services, software licensing, updated and support, and software customization.

UpSnap (UpSnap) Headlines

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