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Spetz (DBKSF) Days Payable : 494.52 (As of Sep. 2024)


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What is Spetz Days Payable?

Spetz's average Accounts Payable for the three months ended in Sep. 2024 was $0.50 Mil. Spetz's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.09 Mil. Hence, Spetz's Days Payable for the three months ended in Sep. 2024 was 494.52.

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

DBKSF' s Days Payable Range Over the Past 10 Years
Min: 357.96   Med: 357.96   Max: 593.4
Current: 593.4

During the past 5 years, Spetz's highest Days Payable was 593.40. The lowest was 357.96. And the median was 357.96.

DBKSF's Days Payable is ranked better than
94.25% of 2523 companies
in the Software industry
Industry Median: 48.75 vs DBKSF: 593.40

Spetz's Days Payable declined from Sep. 2023 (568.28) to Sep. 2024 (494.52). It may suggest that Spetz accelerated paying its suppliers.


Spetz Days Payable Historical Data

The historical data trend for Spetz'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.

Spetz Days Payable Chart

Spetz Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Dec23
Days Payable
- - - - 360.07

Spetz Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 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 568.28 747.36 608.60 555.33 494.52

Competitive Comparison of Spetz's Days Payable

For the Software - Application subindustry, Spetz'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.


Spetz's Days Payable Distribution in the Software Industry

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

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



Spetz 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.

Spetz'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: Jan. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.086 + 0.79) / 2 ) / 0.444*365
=0.438 / 0.444*365
=360.07

Spetz'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
=( (0.501 + 0.507) / 2 ) / 0.093*365 / 4
=0.504 / 0.093*365 / 4
=494.52

* 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.


Spetz Days Payable Related Terms

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Spetz Business Description

Traded in Other Exchanges
Address
40 King Street West, Scotia Plaza, Suite 5800, P.O. Box 1011, Miller Thomson Llp, Toronto, ON, CAN, M5H 3S1
Spetz Inc is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.