GIFT (Giftify) Days Payable : 8.80 (As of Dec. 2024)

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What is Giftify Days Payable?

Giftify's average Accounts Payable for the three months ended in Dec. 2024 was $1.98 Mil. Giftify's Cost of Goods Sold for the three months ended in Dec. 2024 was $20.55 Mil. Hence, Giftify's Days Payable for the three months ended in Dec. 2024 was 8.80.

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

GIFT' s Days Payable Range Over the Past 10 Years
Min: 4.62 Med: 66.02 Max: 277113.21
Current: 9.37

During the past 13 years, Giftify's highest Days Payable was 277113.21. The lowest was 4.62. And the median was 66.02.

GIFT's Days Payable is ranked worse than
91.53% of 437 companies
in the Interactive Media industry
Industry Median: 63.85 vs GIFT: 9.37

Giftify's Days Payable increased from Dec. 2023 (8.18) to Dec. 2024 (8.80). It may suggest that Giftify delayed paying its suppliers.

Giftify Days Payable Historical Data

The historical data trend for Giftify'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.

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Giftify Days Payable Chart

Giftify Annual Data

Trend

Aug04

Aug05

May16

May17

May18

Dec19

Dec21

Dec22

Dec23

Dec24

Days Payable

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121.95

851.51

4.62

8.22

10.08

Giftify Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															8.18	10.15	9.67	8.36	8.80

Competitive Comparison of Giftify's Days Payable

For the Internet Content & Information subindustry, Giftify'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.

Giftify's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Giftify's Days Payable distribution charts can be found below:

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

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Giftify 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.

Giftify's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2.218	+	1.967)	/	2 )	/	75.789	*	365
=	2.0925					/	75.789	*	365
=	10.08

Giftify's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.995	+	1.967)	/	2 )	/	20.545	*	365 / 4
=	1.981					/	20.545	*	365 / 4
=	8.80

Giftify Days Payable Related Terms

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Giftify Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giftify Inc (NAS:GIFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Woodfield Road, Suite 510, Schaumberg, IL, USA, 60173

Website

https://www.giftifyinc.com

Giftify Inc through its wholly-owned subsidiary, has been in the business of connecting digital consumers, businesses and communities with dining and merchant deal options throughout the United States. The company connects digital consumers, businesses, and communities offering dining and merchant deal options nationwide restaurants, and retailers to customers. The Company buys merchant gift cards from the general public and distributors at a discount and then resells them at a markup.