QBAK (Qualstar) Days Payable: 31.29 (As of Sep. 2023)


QBAK Qualstar Corp QBAK
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What is Qualstar Days Payable?

Qualstar QBAK 12 Days Payable is 31.29 as of Sep. 2023. GuruFocus rates QBAK with a GF Score™ of 12/100.

Qualstar's average Accounts Payable for the three months ended in Sep. 2023 was $0.74 Mil. Qualstar's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.16 Mil. Hence, Qualstar's Days Payable for the three months ended in Sep. 2023 was 31.29.

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

QBAK's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Qualstar's Days Payable declined from Sep. 2019 (44.65) to Sep. 2023 (31.29). It may suggest that Qualstar accelerated paying its suppliers.


Qualstar Days Payable Historical Data

* Premium members only.

The historical data trend for Qualstar'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.

Qualstar Days Payable Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.90 48.17 55.76 53.04 37.77

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.65 41.36 56.64 33.06 31.29

QBAK vs POLA, OZSC, XPON: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Qualstar'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.


Qualstar Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qualstar's Days Payable distribution charts can be found below:

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


QBAK
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Qualstar Corp QBAK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualstar 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.

Qualstar's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (1.023 + 1.029) / 2 ) / 9.916*365
=1.026 / 9.916*365
=37.77

Qualstar'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: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.741) / 1 ) / 2.161*365 / 4
=0.741 / 2.161*365 / 4
=31.29

* 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 31.29 mean?
Qualstar (QBAK) has a Days Payable of 31.29 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 Qualstar and its competitors.
Is Qualstar's Days Payable too high?
Qualstar's current Days Payable is 31.29. The Industrial Products industry median Days Payable is 78.08. Qualstar's value of 31.29 is 59.9% below this industry median. Overall, Qualstar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Qualstar's Days Payable compare to POLA and OZSC?
Qualstar's Days Payable of 31.29 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Qualstar's value of 31.29 is 59.9% below this benchmark. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Qualstar's current Days Payable of 31.29 is 59.9% below the industry median. 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 Qualstar and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualstar's current Days Payable is 31.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualstar stock overvalued right now?
Qualstar (QBAK) has a current Days Payable of 31.29. The current Days Payable is 31.29 and 59.9% below the Industrial Products industry median of 78.08. Qualstar's overall GF Score™ is 12/100. 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 Qualstar (QBAK), the current Days Payable is 31.29 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.

Qualstar Business Description

Address 1267 Flynn Road, Suite 105, Camarillo, CA, USA, 93012
Qualstar Corp is a U.S.-based provider of data storage systems marketed under the Qualstar brand and power solutions marketed under the N2Power brand. The company operates through the Data Storage segment, which generates the majority of its revenue. It manufactures automated magnetic tape libraries to store, retrieve, and manage electronic data for archive, backup, and recovery, and provides technical customer support services. The Power Supplies segment designs and markets high-efficiency switching power supplies for electronic equipment. The company utilizes contract manufacturers in Asia and sells its products globally through authorized resellers and directly to OEMs. It operates in North America, Europe, Asia Pacific, and others, with the majority of its revenue from North America.
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