Fact (FCTI) Days Payable: 0.00 (As of Oct. 2021)


What is Fact Days Payable?

Fact FCTI -99.50% Days Payable is 0.00 as of Oct. 2021.

Fact's average Accounts Payable for the three months ended in Oct. 2021 was $0.10 Mil. Fact's Cost of Goods Sold for the three months ended in Oct. 2021 was $0.00 Mil.

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

FCTI's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Fact's Days Payable stayed the same from Oct. 2020 (0.00) to Oct. 2021 (0.00). stayed the same

Fact Days Payable Historical Data

* Premium members only.

The historical data trend for Fact'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.

Fact Days Payable Chart

Fact Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Days Payable
0.00 182.50 365.00 0.00

Fact Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 0.00 0.00 0.00 0.00 0.00

FCTI vs DIGAF, NDVN, ATYG: Days Payable Comparison

For the Information Technology Services subindustry, Fact'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.

Fact Days Payable vs Software Industry

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

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


Fact 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.

Fact's Days Payable for the fiscal year that ended in Jan. 2021 is calculated as

Days Payable (A: Jan. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2020 ) + Accounts Payable (A: Jan. 2021 )) / count ) / Cost of Goods Sold (A: Jan. 2021 )*Days in Period
=( (0 + 0.064) / 1 ) / 0*365
=0.064 / 0*365
=N/A

Fact's Days Payable for the quarter that ended in Oct. 2021 is calculated as:

Days Payable (Q: Oct. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2021 ) + Accounts Payable (Q: Oct. 2021 )) / count ) / Cost of Goods Sold (Q: Oct. 2021 )*Days in Period
=( (0.088 + 0.103) / 2 ) / 0*365 / 4
=0.0955 / 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?
Fact (FCTI) has a Days Payable of 0.00 as of Oct. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fact and its competitors.
Is Fact's Days Payable too high?
Fact's current Days Payable is 0.00.
How does Fact's Days Payable compare to DIGAF and NDVN?
Fact's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. 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 53.96, based on 2,604 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 Fact and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fact'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 Fact stock overvalued right now?
Fact (FCTI) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Fact (FCTI), the current Days Payable is 0.00 as of Oct. 2021. 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.

Fact Business Description

Address 2 Toronto street, Suite 231, Toronto, ON, CAN, M5C 2B5
Fact Inc is a forensic technology company. The company uses forensic technology to validate the authenticity of artworks and paintings. The technology helps to verify whether art is an original or a forgery.