CNTQW (Chardan NexTech Acquisition 2) Days Payable: 0.00 (As of Jun. 2022)


CNTQW Chardan NexTech Acquisition 2 Corp CNTQW
22 GF Score
Price $0.40
! 2 Warning Signs
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What is Chardan NexTech Acquisition 2 Days Payable?

Chardan NexTech Acquisition 2 CNTQW 22 Days Payable is 0.00 as of Jun. 2022. GuruFocus rates CNTQW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Chardan NexTech Acquisition 2's average Accounts Payable for the three months ended in Jun. 2022 was $0.05 Mil. Chardan NexTech Acquisition 2's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil.

The historical rank and industry rank for Chardan NexTech Acquisition 2's Days Payable or its related term are showing as below:

CNTQW's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 72.37
* Ranked among companies with meaningful Days Payable only.

Chardan NexTech Acquisition 2's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00). stayed the same

Chardan NexTech Acquisition 2 Days Payable Historical Data

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The historical data trend for Chardan NexTech Acquisition 2'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.

Chardan NexTech Acquisition 2 Days Payable Chart

Chardan NexTech Acquisition 2 Annual Data
Trend Dec20 Dec21
Days Payable
0.00 0.00

Chardan NexTech Acquisition 2 Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CNTQW vs LION, EBAC, MEOA: Days Payable Comparison

For the Shell Companies subindustry, Chardan NexTech Acquisition 2'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.

Chardan NexTech Acquisition 2 Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chardan NexTech Acquisition 2's Days Payable distribution charts can be found below:

* The bar in red indicates where Chardan NexTech Acquisition 2's Days Payable falls into.


CNTQW
22GF Score
Chardan NexTech Acquisition 2 Corp CNTQW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chardan NexTech Acquisition 2 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.

Chardan NexTech Acquisition 2's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0.017) / 1 ) / 0*365
=0.017 / 0*365
=N/A

Chardan NexTech Acquisition 2's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0.042 + 0.05) / 2 ) / 0*365 / 4
=0.046 / 0*365 / 4
=N/A

* 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 0.00 mean?
Chardan NexTech Acquisition 2 (CNTQW) has a Days Payable of 0.00 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chardan NexTech Acquisition 2 and its competitors.
Is Chardan NexTech Acquisition 2's Days Payable too high?
Chardan NexTech Acquisition 2's current Days Payable is 0.00. Overall, Chardan NexTech Acquisition 2 has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Chardan NexTech Acquisition 2's Days Payable compare to LION and EBAC?
Chardan NexTech Acquisition 2's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 72.37. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 72.37, based on 83 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. 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 Chardan NexTech Acquisition 2 and its competitors. For the Diversified Financial Services industry, the median Days Payable is 72.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chardan NexTech Acquisition 2's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chardan NexTech Acquisition 2 stock overvalued right now?
Chardan NexTech Acquisition 2 (CNTQW) has a current Days Payable of 0.00. The current Days Payable is 0.00. Chardan NexTech Acquisition 2's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Chardan NexTech Acquisition 2 (CNTQW), the current Days Payable is 0.00 as of Jun. 2022. 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.

Chardan NexTech Acquisition 2 Business Description

Address 17 State Street, 21st Floor, New York, NY, USA, 10004
Chardan NexTech Acquisition 2 Corp is a blank check company.
22GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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