The Initiates (NSA:TIP) Days Payable: 0.00 (As of . 20)


What is The Initiates Days Payable?

The Initiates NSA:TIP +0.36% Days Payable is 0.00 as of . 20. The stock has 2 warning signs investors should review. Among 234 Waste Management companies, The Initiates ranks worse than 427350% on this metric.

The Initiates's average Accounts Payable for the six months ended in . 20 was ₦0.00 Mil. The Initiates's Cost of Goods Sold for the six months ended in . 20 was ₦0.00 Mil.

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

NSA:TIP's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.6
* Ranked among companies with meaningful Days Payable only.

The Initiates's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

The Initiates Days Payable Historical Data

* Premium members only.

The historical data trend for The Initiates'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.

The Initiates Days Payable Chart

The Initiates Annual Data
Trend
Days Payable

The Initiates Semi-Annual Data
Days Payable

NSA:TIP vs CWSS, ECMT, GETH: Days Payable Comparison

For the Waste Management subindustry, The Initiates'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.

The Initiates Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, The Initiates's Days Payable distribution charts can be found below:

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


The Initiates 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.

The Initiates's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

The Initiates's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=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?
The Initiates (NSA:TIP) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Initiates and its competitors. According to the industry distribution chart, The Initiates ranks #999999 out of 234 companies in the Waste Management industry.
Is The Initiates' Days Payable too high?
The Initiates' current Days Payable is 0.00. Based on the distribution chart, The Initiates ranks #999999 out of 234 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does The Initiates' Days Payable compare to CWSS and ECMT?
According to the Waste Management industry distribution chart, The Initiates ranks #999999 out of 234 companies for Days Payable. This places The Initiates in the lower half of its industry. The industry median Days Payable is 63.60. 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.60, based on 234 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 The Initiates and its competitors. For the Waste Management industry, the median Days Payable is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Initiates'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 The Initiates stock overvalued right now?
The Initiates (NSA:TIP) 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 The Initiates (NSA:TIP), the current Days Payable is 0.00 as of . 20. 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.

The Initiates Business Description

Address Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA
The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.