FINR (Fintech Scion) Days Payable: 3,634.79 (As of Sep. 2024)


What is Fintech Scion Days Payable?

Fintech Scion FINR +6,900.00% Days Payable is 3,634.79 as of Sep. 2024.

Fintech Scion's average Accounts Payable for the three months ended in Sep. 2024 was $0.36 Mil. Fintech Scion's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Fintech Scion's Days Payable for the three months ended in Sep. 2024 was 3,634.79.

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

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

Fintech Scion's Days Payable increased from Sep. 2023 (760.63) to Sep. 2024 (3,634.79). It may suggest that Fintech Scion delayed paying its suppliers.

Fintech Scion Days Payable Historical Data

* Premium members only.

The historical data trend for Fintech Scion'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.

Fintech Scion Days Payable Chart

Fintech Scion Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.67 0.00 0.00 543.54 176.66

Fintech Scion Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 760.63 5.80 462.42 1,470.37 3,634.79

FINR vs UBXG, ARAT, BNAI: Days Payable Comparison

For the Software - Infrastructure subindustry, Fintech Scion'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.

Fintech Scion Days Payable vs Software Industry

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

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


Fintech Scion 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.

Fintech Scion'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: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.618 + 0.048) / 2 ) / 0.688*365
=0.333 / 0.688*365
=176.66

Fintech Scion'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
=( (0.382 + 0.335) / 2 ) / 0.009*365 / 4
=0.3585 / 0.009*365 / 4
=3,634.79

* 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 3,634.79 mean?
Fintech Scion (FINR) has a Days Payable of 3,634.79 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fintech Scion and its competitors.
Is Fintech Scion's Days Payable too high?
Fintech Scion's current Days Payable is 3,634.79. The Software industry median Days Payable is 53.96. Fintech Scion's value of 3,634.79 is 6636.7% above this industry median.
How does Fintech Scion's Days Payable compare to UBXG and ARAT?
Fintech Scion's Days Payable of 3,634.79 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Fintech Scion's value of 3,634.79 is 6636.7% 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 53.96, 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. Fintech Scion's current Days Payable of 3,634.79 is 6636.7% 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 Fintech Scion 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. Fintech Scion's current Days Payable is 3,634.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintech Scion stock overvalued right now?
Fintech Scion (FINR) has a current Days Payable of 3,634.79. The current Days Payable is 3,634.79 and 6636.7% above the Software industry median of 53.96. 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 Fintech Scion (FINR), the current Days Payable is 3,634.79 as of Sep. 2024. 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.

Fintech Scion Business Description

Address Portman House, 2 Portman Street, London, GBR, W1H 6DU
Fintech Scion Ltd is a fintech enterprise poised to revolutionize the financial landscape through its digital Banking-as-a-Service (BaaS) platform. Its mission is to empower merchants by furnishing them with an integrated suite of tools, skills, and solutions that streamline payment services, unlocking a realm of secure, online, and fully managed transactions and settlements. Its cutting-edge payments platform boasts a comprehensive suite of integrated payment products and services tailored to various channels be it in-store, online, or through mobile and tablet interfaces. This suite encompasses end-to-end payment processing for an array of payment types, merchant acquiring and issuing, diverse methods of mobile and contactless payments, and QR code-based solutions.