IWSY (ImageWare Systems) Days Payable: 613.17 (As of Mar. 2022)

What is ImageWare Systems Days Payable?

ImageWare Systems IWSY -99.00% 12 Days Payable is 613.17 as of Mar. 2022. GuruFocus rates IWSY with a GF Score™ of 12/100.

ImageWare Systems's average Accounts Payable for the three months ended in Mar. 2022 was $0.89 Mil. ImageWare Systems's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.13 Mil. Hence, ImageWare Systems's Days Payable for the three months ended in Mar. 2022 was 613.17.

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

IWSY's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

ImageWare Systems's Days Payable declined from Mar. 2021 (759.52) to Mar. 2022 (613.17). It may suggest that ImageWare Systems accelerated paying its suppliers.

ImageWare Systems Days Payable Related Terms

ImageWare Systems Days Payable Historical Data

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The historical data trend for ImageWare Systems'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.

ImageWare Systems Days Payable Chart

ImageWare Systems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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162.43

236.46

338.60

222.57

503.79

ImageWare Systems Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Payable	Get a 7-Day Free Trial															759.52	576.23	415.89	270.21	613.17

IWSY vs MAXD, FDBL, AVYAQ: Days Payable Comparison

For the Software - Application subindustry, ImageWare Systems'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.

ImageWare Systems Days Payable vs Software Industry

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

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

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ImageWare Systems Inc IWSY

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ImageWare Systems 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.

ImageWare Systems's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.007	+	0.837)	/	2 )	/	0.668	*	365
=	0.922					/	0.668	*	365
=	503.79

ImageWare Systems's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

	Days Payable (Q: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (0.837	+	0.937)	/	2 )	/	0.132	*	365 / 4
=	0.887					/	0.132	*	365 / 4
=	613.17

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 613.17 mean?

ImageWare Systems (IWSY) has a Days Payable of 613.17 as of Mar. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ImageWare Systems and its competitors.

Is ImageWare Systems' Days Payable too high?

ImageWare Systems' current Days Payable is 613.17. The Software industry median Days Payable is 54.03. ImageWare Systems' value of 613.17 is 1035% above this industry median. Overall, ImageWare Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does ImageWare Systems' Days Payable compare to MAXD and FDBL?

ImageWare Systems' Days Payable of 613.17 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. ImageWare Systems' value of 613.17 is 1035% 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 54.03, based on 2,600 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. ImageWare Systems's current Days Payable of 613.17 is 1035% 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 ImageWare Systems and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImageWare Systems's current Days Payable is 613.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ImageWare Systems stock overvalued right now?

ImageWare Systems (IWSY) has a current Days Payable of 613.17. The current Days Payable is 613.17 and 1035% above the Software industry median of 54.03. ImageWare Systems' 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 ImageWare Systems (IWSY), the current Days Payable is 613.17 as of Mar. 2022. 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.

ImageWare Systems Business Description

Industry Technology Software

Comparable Companies MAXD FDBL AVYAQ MAPT TWOH ABQQ GAHC TGHI CRM XTER:SAP INTU NOW UBER SHOP CDNS XPAR:DSY WDAY ROP SNOW ADSK

Address 11440 West Bernardo Court, Suite 300, San Diego, CA, USA, 92127

Website https://www.imageware.io

ImageWare Systems Inc was founded to innovate imaging. The company built a digital booking platform. ImageWare has evolved as a holder of multimodal biometrics, managing over million identities daily. It is democratizing biometrics by offering defense grade identity and authentication solutions to the masses. By identifying the person, not a device, and never disclosing Personally Identifiable Information (PII), the company is giving populations around the globe access to their important data.

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