EXEO (Exeo Entertainment) Days Payable: 9,645.13 (As of Feb. 2022)


What is Exeo Entertainment Days Payable?

Exeo Entertainment EXEO Days Payable is 9,645.13 as of Feb. 2022.

Exeo Entertainment's average Accounts Payable for the three months ended in Feb. 2022 was $0.53 Mil. Exeo Entertainment's Cost of Goods Sold for the three months ended in Feb. 2022 was $0.01 Mil. Hence, Exeo Entertainment's Days Payable for the three months ended in Feb. 2022 was 9,645.13.

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

EXEO's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.93
* Ranked among companies with meaningful Days Payable only.

Exeo Entertainment's Days Payable increased from Feb. 2021 (6,782.92) to Feb. 2022 (9,645.13). It may suggest that Exeo Entertainment delayed paying its suppliers.

Exeo Entertainment Days Payable Historical Data

* Premium members only.

The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Days Payable Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,500.56 1,939.06 109.15 201.59 9,784.81

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 6,782.92 10,600.21 13,276.88 14,493.54 9,645.13

EXEO vs GAXY, TKLS, MICS: Days Payable Comparison

For the Consumer Electronics subindustry, Exeo Entertainment'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.

Exeo Entertainment Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Days Payable distribution charts can be found below:

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


Exeo Entertainment 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.

Exeo Entertainment's Days Payable for the fiscal year that ended in Nov. 2021 is calculated as

Days Payable (A: Nov. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2020 ) + Accounts Payable (A: Nov. 2021 )) / count ) / Cost of Goods Sold (A: Nov. 2021 )*Days in Period
=( (0.183 + 0.514) / 2 ) / 0.013*365
=0.3485 / 0.013*365
=9,784.81

Exeo Entertainment's Days Payable for the quarter that ended in Feb. 2022 is calculated as:

Days Payable (Q: Feb. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2021 ) + Accounts Payable (Q: Feb. 2022 )) / count ) / Cost of Goods Sold (Q: Feb. 2022 )*Days in Period
=( (0.514 + 0.543) / 2 ) / 0.005*365 / 4
=0.5285 / 0.005*365 / 4
=9,645.13

* 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 9,645.13 mean?
Exeo Entertainment (EXEO) has a Days Payable of 9,645.13 as of Feb. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Exeo Entertainment and its competitors.
Is Exeo Entertainment's Days Payable too high?
Exeo Entertainment's current Days Payable is 9,645.13. The Hardware industry median Days Payable is 69.93. Exeo Entertainment's value of 9,645.13 is 13692.5% above this industry median.
How does Exeo Entertainment's Days Payable compare to GAXY and TKLS?
Exeo Entertainment's Days Payable of 9,645.13 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.93. Exeo Entertainment's value of 9,645.13 is 13692.5% 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 Hardware company?
The median Days Payable among Hardware companies is 69.93, based on 2,437 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. Exeo Entertainment's current Days Payable of 9,645.13 is 13692.5% 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 Exeo Entertainment and its competitors. For the Hardware industry, the median Days Payable is 69.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exeo Entertainment's current Days Payable is 9,645.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Entertainment stock overvalued right now?
Exeo Entertainment (EXEO) has a current Days Payable of 9,645.13. The current Days Payable is 9,645.13 and 13692.5% above the Hardware industry median of 69.93. 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 Exeo Entertainment (EXEO), the current Days Payable is 9,645.13 as of Feb. 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.

Exeo Entertainment Business Description

Address 4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc manufactures and distributes consumer electronics including patented gaming headphones, bluetooth music headphones, portable speakers, and smart devices that work with Alexa, Google, Siri and Apple Play. Its devices are marketed under Krankz Audio brand.