Interfield Global Software (NEOE:IFSS) Days Payable : 753.32 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Interfield Global Software Days Payable?

Interfield Global Software's average Accounts Payable for the three months ended in Sep. 2023 was C$0.74 Mil. Interfield Global Software's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.09 Mil. Hence, Interfield Global Software's Days Payable for the three months ended in Sep. 2023 was 753.32.

The historical rank and industry rank for Interfield Global Software's Days Payable or its related term are showing as below:

NEOE:IFSS' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2058.6
Current: 2058.6

During the past 5 years, Interfield Global Software's highest Days Payable was 2058.60. The lowest was 0.00. And the median was 0.00.

NEOE:IFSS's Days Payable is ranked better than
97.28% of 2533 companies
in the Software industry
Industry Median: 50.13 vs NEOE:IFSS: 2058.60

Interfield Global Software's Days Payable increased from Sep. 2022 (398.18) to Sep. 2023 (753.32). It may suggest that Interfield Global Software delayed paying its suppliers.

Interfield Global Software Days Payable Historical Data

The historical data trend for Interfield Global Software'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.

* Premium members only.

Interfield Global Software Days Payable Chart

Interfield Global Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Interfield Global Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial						398.18	-	-	-	753.32

Competitive Comparison of Interfield Global Software's Days Payable

For the Software - Application subindustry, Interfield Global Software'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.

Interfield Global Software's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Interfield Global Software's Days Payable falls into.

Interfield Global Software 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.

Interfield Global Software's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.01)	/	1 )	/	0	*	365
=	0.01					/	0	*	365
=	N/A

Interfield Global Software's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.814	+	0.672)	/	2 )	/	0.09	*	365 / 4
=	0.743					/	0.09	*	365 / 4
=	753.32

Interfield Global Software Days Payable Related Terms

Thank you for viewing the detailed overview of Interfield Global Software's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Interfield Global Software (NEOE:IFSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Interfield Global Software Inc (NEOE:IFSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE

Website

https://www.interfieldsolutions.com

Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

Interfield Global Software (NEOE:IFSS) Headlines

No Headlines