ROII (RiskOn International) Days Payable: 6,476.39 (As of Mar. 2024)

What is RiskOn International Days Payable?

RiskOn International ROII 12 Days Payable is 6,476.39 as of Mar. 2024. GuruFocus rates ROII with a GF Score™ of 12/100.

RiskOn International's average Accounts Payable for the three months ended in Mar. 2024 was $8.23 Mil. RiskOn International's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.12 Mil. Hence, RiskOn International's Days Payable for the three months ended in Mar. 2024 was 6,476.39.

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

ROII's Days Payable is not ranked ^*
in the Interactive Media industry.
Industry Median: 65.595
* Ranked among companies with meaningful Days Payable only.

RiskOn International's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (6,476.39). It may suggest that RiskOn International delayed paying its suppliers.

RiskOn International Days Payable Related Terms

RiskOn International Days Payable Historical Data

* Premium members only.

The historical data trend for RiskOn International'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.

RiskOn International Days Payable Chart

RiskOn International Annual Data

Trend

Dec15

Dec16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,526.94

54.13

6,323.67

0.00

768.62

RiskOn International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															0.00	7,379.58	31,841.36	418.81	6,476.39

ROII vs GROM, HMLA, FMHS: Days Payable Comparison

For the Internet Content & Information subindustry, RiskOn International'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.

RiskOn International Days Payable vs Interactive Media Industry

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

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

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RiskOn International Inc ROII

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RiskOn International 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.

RiskOn International's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (3.503	+	5.653)	/	2 )	/	2.174	*	365
=	4.578					/	2.174	*	365
=	768.62

RiskOn International's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10.813	+	5.653)	/	2 )	/	0.116	*	365 / 4
=	8.233					/	0.116	*	365 / 4
=	6,476.39

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 6,476.39 mean?

RiskOn International (ROII) has a Days Payable of 6,476.39 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RiskOn International and its competitors.

Is RiskOn International's Days Payable too high?

RiskOn International's current Days Payable is 6,476.39. The Interactive Media industry median Days Payable is 65.60. RiskOn International's value of 6,476.39 is 9773.3% above this industry median. Overall, RiskOn International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does RiskOn International's Days Payable compare to GROM and HMLA?

RiskOn International's Days Payable of 6,476.39 can be compared against companies in the Interactive Media industry. The industry median Days Payable is 65.60. RiskOn International's value of 6,476.39 is 9773.3% above 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 Interactive Media company?

The median Days Payable among Interactive Media companies is 65.60, based on 428 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. RiskOn International's current Days Payable of 6,476.39 is 9773.3% above 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 RiskOn International and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiskOn International's current Days Payable is 6,476.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is RiskOn International stock overvalued right now?

RiskOn International (ROII) has a current Days Payable of 6,476.39. The current Days Payable is 6,476.39 and 9773.3% above the Interactive Media industry median of 65.60. RiskOn International'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 RiskOn International (ROII), the current Days Payable is 6,476.39 as of Mar. 2024. 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.

RiskOn International Business Description

Industry Communication Services Interactive Media

Comparable Companies GROM HMLA FMHS GOOGL META HKSE:00700 SPOT XAMS:PRX TSE:6098 DASH JSE:NPN HKSE:01024 BIDU RDDT PINS TME XKRX:035420 ASX:REA ZG SNAP

Address 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141

Website https://www.riskonint.com

Founded in 2011, Ecoark Holdings, Inc. is a diversified holding company focused on delivering long-term shareholder value. The company currently has three wholly-owned subsidiaries: Zest Labs, Pioneer Products and Magnolia Solar.

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