MAXD (Max Sound) Days Payable: 0.00 (As of Jun. 2022)

What is Max Sound Days Payable?

Max Sound MAXD -90.00% Days Payable is 0.00 as of Jun. 2022.

Max Sound's average Accounts Payable for the three months ended in Jun. 2022 was $0.89 Mil. Max Sound's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil.

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

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

Max Sound's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00). stayed the same

Max Sound Days Payable Related Terms

Max Sound Days Payable Historical Data

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The historical data trend for Max Sound'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.

Max Sound Days Payable Chart

Max Sound Annual Data

Trend

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Days Payable

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Max Sound Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

MAXD vs ABQQ, IWSY, RETC: Days Payable Comparison

For the Software - Application subindustry, Max Sound'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.

Max Sound Days Payable vs Software Industry

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

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

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Max Sound 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.

Max Sound'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
=	( (0.814	+	0.863)	/	2 )	/	0	*	365
=	0.8385					/	0	*	365
=	N/A

Max Sound's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.887	+	0.89)	/	2 )	/	0	*	365 / 4
=	0.8885					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Max Sound (MAXD) has a Days Payable of 0.00 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Max Sound and its competitors.

Is Max Sound's Days Payable too high?

Max Sound's current Days Payable is 0.00.

How does Max Sound's Days Payable compare to ABQQ and IWSY?

Max Sound's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 54.04. 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. 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 Max Sound 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. Max Sound'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 Max Sound stock overvalued right now?

Max Sound (MAXD) 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 Max Sound (MAXD), the current Days Payable is 0.00 as of Jun. 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.

Max Sound Business Description

Industry Technology Software

Comparable Companies ABQQ IWSY RETC FSSN ALDS IONI LAIXY LAAB ASFT AVOI CRM INTU XTER:SAP NOW XPAR:DSY UBER TEAM TSX:SHOP WDAY ADSK

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130

Website https://www.maxd.audio

Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.