ITACW (Industrial Tech Acquisitions) Days Payable: 0.00 (As of Sep. 2020)


What is Industrial Tech Acquisitions Days Payable?

Industrial Tech Acquisitions ITACW Days Payable is 0.00 as of Sep. 2020.

Industrial Tech Acquisitions's average Accounts Payable for the six months ended in Sep. 2020 was $0.01 Mil. Industrial Tech Acquisitions's Cost of Goods Sold for the six months ended in Sep. 2020 was $0.00 Mil.

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

ITACW's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

Industrial Tech Acquisitions's Days Payable stayed the same from . 20 (0.00) to Sep. 2020 (0.00).

Industrial Tech Acquisitions Days Payable Historical Data

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The historical data trend for Industrial Tech Acquisitions'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.

Industrial Tech Acquisitions Days Payable Chart

Industrial Tech Acquisitions Annual Data
Trend Dec20
Days Payable
0.00

Industrial Tech Acquisitions Semi-Annual Data
Jun20 Sep20 Dec20
Days Payable 0.00 0.00 0.00

ITACW vs : Days Payable Comparison

For the Shell Companies subindustry, Industrial Tech Acquisitions'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.

Industrial Tech Acquisitions Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Industrial Tech Acquisitions's Days Payable distribution charts can be found below:

* The bar in red indicates where Industrial Tech Acquisitions's Days Payable falls into.


Industrial Tech Acquisitions 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.

Industrial Tech Acquisitions's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Industrial Tech Acquisitions's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable (Q: Sep. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0 + 0.005) / 1 ) / 0*365 / 2
=0.005 / 0*365 / 2
=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?
Industrial Tech Acquisitions (ITACW) has a Days Payable of 0.00 as of Sep. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Industrial Tech Acquisitions and its competitors.
Is Industrial Tech Acquisitions' Days Payable too high?
Industrial Tech Acquisitions' current Days Payable is 0.00.
How does Industrial Tech Acquisitions' Days Payable compare to ?
Industrial Tech Acquisitions' Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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 Industrial Tech Acquisitions and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Tech Acquisitions'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 Industrial Tech Acquisitions stock overvalued right now?
Industrial Tech Acquisitions (ITACW) 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 Industrial Tech Acquisitions (ITACW), the current Days Payable is 0.00 as of Sep. 2020. 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.

Industrial Tech Acquisitions Business Description

Comparable Companies
Address 5090 Richmond Avenue, Suite 319, Houston, TX, USA, 77056
Industrial Tech Acquisitions Inc is a blank check company.