GiG Software (OSTO:GIG SDB) Days Payable : 339.66 (As of Mar. 2025)

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What is GiG Software Days Payable?

GiG Software's average Accounts Payable for the three months ended in Mar. 2025 was kr16.3 Mil. GiG Software's Cost of Goods Sold for the three months ended in Mar. 2025 was kr4.4 Mil. Hence, GiG Software's Days Payable for the three months ended in Mar. 2025 was 339.66.

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

OSTO:GIG SDB' s Days Payable Range Over the Past 10 Years
Min: 232.64 Med: 891.26 Max: 4152.97
Current: 739.39

During the past 6 years, GiG Software's highest Days Payable was 4152.97. The lowest was 232.64. And the median was 891.26.

OSTO:GIG SDB's Days Payable is ranked better than
90.3% of 433 companies
in the Interactive Media industry
Industry Median: 67.5 vs OSTO:GIG SDB: 739.39

GiG Software's Days Payable increased from Dec. 2023 (0.00) to Mar. 2025 (339.66). It may suggest that GiG Software delayed paying its suppliers.

GiG Software Days Payable Historical Data

The historical data trend for GiG 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.

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GiG Software Days Payable Chart

GiG Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec23

Dec24

Days Payable

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3,003.63

668.19

231.46

818.37

GiG Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial					-	-	-	-	339.66

Competitive Comparison of GiG Software's Days Payable

For the Electronic Gaming & Multimedia subindustry, GiG 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.

GiG Software's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GiG Software's Days Payable distribution charts can be found below:

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

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GiG 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.

GiG Software's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	16.311)	/	1 )	/	0	*	365
=	16.311					/	0	*	365
=	N/A

GiG Software's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (16.311	+	0)	/	1 )	/	4.382	*	365 / 4
=	16.311					/	4.382	*	365 / 4
=	339.66

GiG Software Days Payable Related Terms

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GiG Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GiG Software PLC (OSTO:GIG SDB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

K0W:Germany

Address

Triq id-Dragunara, St Julian’s, MLT, STJ 3148

Website

https://www.gig.com

GiG Software PLC is a B2B provider of software within the iGaming industry, offering its proprietary technical platform solutions and services tailored to casino operators through a SaaS model. The Company enables operators to design, implement, and operate online casinos through its comprehensive turn-key platform and surrounding product suite. Its products and services are iGaming Platform, Sportsbook Sweepstakes Social Casino, AI Solutions, and Turnkey iGaming services.

GiG Software Headlines

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