NFTFF (Stable Infrastructure) Days Payable: 0.00 (As of Sep. 2023)


What is Stable Infrastructure Days Payable?

Stable Infrastructure NFTFF -99.98% Days Payable is 0.00 as of Sep. 2023.

Stable Infrastructure's average Accounts Payable for the three months ended in Sep. 2023 was $0.79 Mil. Stable Infrastructure's Cost of Goods Sold for the three months ended in Sep. 2023 was $-0.18 Mil.

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

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

Stable Infrastructure's Days Payable declined from Sep. 2022 (938.57) to Sep. 2023 (0.00). It may suggest that Stable Infrastructure accelerated paying its suppliers.

Stable Infrastructure Days Payable Historical Data

* Premium members only.

The historical data trend for Stable Infrastructure'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.

Stable Infrastructure Days Payable Chart

Stable Infrastructure Annual Data
Trend Dec21 Dec22
Days Payable
0.00 507.26

Stable Infrastructure Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 938.57 0.00 256.36 0.00 0.00

NFTFF vs ACN, IBM, FI: Days Payable Comparison

For the Information Technology Services subindustry, Stable Infrastructure'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.

Stable Infrastructure Days Payable vs Software Industry

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

* The bar in red indicates where Stable Infrastructure's Days Payable falls into.


Stable Infrastructure 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.

Stable Infrastructure'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
=( (0.159 + 0.194) / 2 ) / 0.127*365
=0.1765 / 0.127*365
=507.26

Stable Infrastructure'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
=( (0.863 + 0.708) / 2 ) / -0.18*365 / 4
=0.7855 / -0.18*365 / 4
=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?
Stable Infrastructure (NFTFF) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Stable Infrastructure and its competitors.
Is Stable Infrastructure's Days Payable too high?
Stable Infrastructure's current Days Payable is 0.00.
How does Stable Infrastructure's Days Payable compare to ACN and IBM?
Stable Infrastructure's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. 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. 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 Stable Infrastructure 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. Stable Infrastructure'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 Stable Infrastructure stock overvalued right now?
Stable Infrastructure (NFTFF) 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 Stable Infrastructure (NFTFF), the current Days Payable is 0.00 as of Sep. 2023. 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.

Stable Infrastructure Business Description

Address 222 Somerset Street West, Suite 601, Ottawa, ON, CAN, K2P 2G3
Stable Infrastructure Inc is working in the non-fungible token space of digital assets and environments to develop new technologies, invest in digital assets to provide exposure to investment in NFTs and the metaverse, and advise creators and platforms in the space. The Company is focused on three main business lines technology, investing, and consulting. The technology business line is focused on emerging technologies and creating new intellectual property in the NFT space. The investing business line is focused on the acquisition and trade of NFTs, and launching other blockchain games and associated gaming guilds. The consulting business line is focused on assisting clients with the launch and marketing of their own brand of NFT.