GRWC (Grow Capital) Days Payable: 10.99 (As of Mar. 2021)


GRWC Grow Capital Inc GRWC
12 GF Score
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What is Grow Capital Days Payable?

Grow Capital GRWC 12 Days Payable is 10.99 as of Mar. 2021. GuruFocus rates GRWC with a GF Score™ of 12/100.

Grow Capital's average Accounts Payable for the three months ended in Mar. 2021 was $0.81 Mil. Grow Capital's Cost of Goods Sold for the three months ended in Mar. 2021 was $6.70 Mil. Hence, Grow Capital's Days Payable for the three months ended in Mar. 2021 was 10.99.

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

GRWC's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.04
* Ranked among companies with meaningful Days Payable only.

Grow Capital's Days Payable declined from Mar. 2020 (139.39) to Mar. 2021 (10.99). It may suggest that Grow Capital accelerated paying its suppliers.

Grow Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Grow Capital'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.

Grow Capital Days Payable Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 334.58 0.00 214.32 139.47

Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 139.39 138.62 21.19 11.04 10.99

GRWC vs MRIN, PALT, ANY: Days Payable Comparison

For the Software - Application subindustry, Grow Capital'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.

Grow Capital Days Payable vs Software Industry

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

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


GRWC
12GF Score
Grow Capital Inc GRWC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grow Capital 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.

Grow Capital's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

Days Payable (A: Jun. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2019 ) + Accounts Payable (A: Jun. 2020 )) / count ) / Cost of Goods Sold (A: Jun. 2020 )*Days in Period
=( (0.33 + 0.639) / 2 ) / 1.268*365
=0.4845 / 1.268*365
=139.47

Grow Capital's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0.668 + 0.945) / 2 ) / 6.697*365 / 4
=0.8065 / 6.697*365 / 4
=10.99

* 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 10.99 mean?
Grow Capital (GRWC) has a Days Payable of 10.99 as of Mar. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grow Capital and its competitors.
Is Grow Capital's Days Payable too high?
Grow Capital's current Days Payable is 10.99. The Software industry median Days Payable is 54.04. Grow Capital's value of 10.99 is 79.7% below this industry median. Overall, Grow Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Grow Capital's Days Payable compare to MRIN and PALT?
Grow Capital's Days Payable of 10.99 can be compared against companies in the Software industry. The industry median Days Payable is 54.04. Grow Capital's value of 10.99 is 79.7% below 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 54.04, based on 2,601 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. Grow Capital's current Days Payable of 10.99 is 79.7% below 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 Grow Capital and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grow Capital's current Days Payable is 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grow Capital stock overvalued right now?
Grow Capital (GRWC) has a current Days Payable of 10.99. The current Days Payable is 10.99 and 79.7% below the Software industry median of 54.04. Grow Capital's overall GF Score™ is 12/100. 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 Grow Capital (GRWC), the current Days Payable is 10.99 as of Mar. 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.

Grow Capital Business Description

Address 6145 South Rainbow Boulevard, Suite 105, Las Vegas, NV, USA, 89118
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. Its operating segments includes Bombshell Technologies and corporate, and PERA. The Bombshell Technologies and corporate segment represents its proprietary software that delivers customized back-office compliance, sophisticated multi-pay commission processing, and a new client application submission system, along with digital engagement marketing services centric to financial services. The PERA segment represents its electronic appointment scheduling operations, providing leads for insurance agents to connect with retirement professionals and public employees to trusted insurance advisors. The company generates maximum revenue from the PERA segment.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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