DUUO (Duo World) Days Payable: 3,638.59 (As of Sep. 2023)


What is Duo World Days Payable?

Duo World DUUO Days Payable is 3,638.59 as of Sep. 2023.

Duo World's average Accounts Payable for the three months ended in Sep. 2023 was $0.32 Mil. Duo World's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Duo World's Days Payable for the three months ended in Sep. 2023 was 3,638.59.

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

DUUO's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

Duo World's Days Payable increased from Sep. 2022 (2,956.50) to Sep. 2023 (3,638.59). It may suggest that Duo World delayed paying its suppliers.

Duo World Days Payable Historical Data

* Premium members only.

The historical data trend for Duo World'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.

Duo World Days Payable Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 646.29 730.00 570.55 1,383.96 3,552.67

Duo World 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 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 2,956.50 4,927.50 4,501.67 14,189.38 3,638.59

DUUO vs VRTC, KSPN, LAAB: Days Payable Comparison

For the Software - Application subindustry, Duo World'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.

Duo World Days Payable vs Software Industry

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

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


Duo World 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.

Duo World's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.277 + 0.307) / 2 ) / 0.03*365
=0.292 / 0.03*365
=3,552.67

Duo World'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
=( (0.315 + 0.323) / 2 ) / 0.008*365 / 4
=0.319 / 0.008*365 / 4
=3,638.59

* 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 3,638.59 mean?
Duo World (DUUO) has a Days Payable of 3,638.59 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Duo World and its competitors.
Is Duo World's Days Payable too high?
Duo World's current Days Payable is 3,638.59. The Software industry median Days Payable is 53.83. Duo World's value of 3,638.59 is 6660% above this industry median.
How does Duo World's Days Payable compare to VRTC and KSPN?
Duo World's Days Payable of 3,638.59 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. Duo World's value of 3,638.59 is 6660% above 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Duo World's current Days Payable of 3,638.59 is 6660% above 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 Duo World and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duo World's current Days Payable is 3,638.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duo World stock overvalued right now?
Duo World (DUUO) has a current Days Payable of 3,638.59. The current Days Payable is 3,638.59 and 6660% above the Software industry median of 53.83. 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 Duo World (DUUO), the current Days Payable is 3,638.59 as of Sep. 2023. 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.

Duo World Business Description

Address c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Dail Desk, FaceTone, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.