KTPPF (Katipult Technology) Days Payable: 453.78 (As of Sep. 2024)


What is Katipult Technology Days Payable?

Katipult Technology KTPPF Days Payable is 453.78 as of Sep. 2024.

Katipult Technology's average Accounts Payable for the three months ended in Sep. 2024 was $0.37 Mil. Katipult Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.07 Mil. Hence, Katipult Technology's Days Payable for the three months ended in Sep. 2024 was 453.78.

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

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

Katipult Technology's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (453.78). It may suggest that Katipult Technology delayed paying its suppliers.

Katipult Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Katipult Technology'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.

Katipult Technology Days Payable Chart

Katipult Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Katipult Technology 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 0.00 0.00 0.00 466.39 453.78

KTPPF vs CRM, INTU, NOW: Days Payable Comparison

For the Software - Application subindustry, Katipult Technology'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.

Katipult Technology Days Payable vs Software Industry

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

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


Katipult Technology 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.

Katipult Technology'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 + 0) / 1 ) / 0.324*365
=0 / 0.324*365
=0.00

Katipult Technology'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
=( (0.368 + 0) / 1 ) / 0.074*365 / 4
=0.368 / 0.074*365 / 4
=453.78

* 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 453.78 mean?
Katipult Technology (KTPPF) has a Days Payable of 453.78 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 Katipult Technology and its competitors.
Is Katipult Technology's Days Payable too high?
Katipult Technology's current Days Payable is 453.78. The Software industry median Days Payable is 54.03. Katipult Technology's value of 453.78 is 739.9% above this industry median.
How does Katipult Technology's Days Payable compare to CRM and INTU?
Katipult Technology's Days Payable of 453.78 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. Katipult Technology's value of 453.78 is 739.9% 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. Katipult Technology's current Days Payable of 453.78 is 739.9% 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 Katipult Technology 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. Katipult Technology's current Days Payable is 453.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katipult Technology stock overvalued right now?
Katipult Technology (KTPPF) has a current Days Payable of 453.78. The current Days Payable is 453.78 and 739.9% above the Software industry median of 54.03. 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 Katipult Technology (KTPPF), the current Days Payable is 453.78 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.

Katipult Technology Business Description

Address 900-903 8th Avenue Sw, Suite 1600, Calgary, AB, CAN, T2P 0P7
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.