SIMPQ (Simply) Days Payable: 50.44 (As of Jan. 2022)


SIMPQ Simply Inc SIMPQ
16 GF Score
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What is Simply Days Payable?

Simply SIMPQ 16 Days Payable is 50.44 as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Simply's average Accounts Payable for the three months ended in Jan. 2022 was $10.14 Mil. Simply's Cost of Goods Sold for the three months ended in Jan. 2022 was $18.35 Mil. Hence, Simply's Days Payable for the three months ended in Jan. 2022 was 50.44.

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

SIMPQ's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.215
* Ranked among companies with meaningful Days Payable only.

Simply's Days Payable increased from Jan. 2021 (47.29) to Jan. 2022 (50.44). It may suggest that Simply delayed paying its suppliers.

Simply Days Payable Historical Data

* Premium members only.

The historical data trend for Simply'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.

Simply Days Payable Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 218.97 251.37 70.77 54.89 55.80

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 47.29 60.13 58.74 61.22 50.44

SIMPQ vs HGGGQ, ORLY, AZO: Days Payable Comparison

For the Specialty Retail subindustry, Simply'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.

Simply Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simply's Days Payable distribution charts can be found below:

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


SIMPQ
16GF Score
Simply Inc SIMPQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Simply 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.

Simply's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as

Days Payable (A: Jan. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2021 ) + Accounts Payable (A: Jan. 2022 )) / count ) / Cost of Goods Sold (A: Jan. 2022 )*Days in Period
=( (8.901 + 9.929) / 2 ) / 61.588*365
=9.415 / 61.588*365
=55.80

Simply's Days Payable for the quarter that ended in Jan. 2022 is calculated as:

Days Payable (Q: Jan. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2021 ) + Accounts Payable (Q: Jan. 2022 )) / count ) / Cost of Goods Sold (Q: Jan. 2022 )*Days in Period
=( (10.355 + 9.929) / 2 ) / 18.347*365 / 4
=10.142 / 18.347*365 / 4
=50.44

* 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 50.44 mean?
Simply (SIMPQ) has a Days Payable of 50.44 as of Jan. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Simply and its competitors.
Is Simply's Days Payable too high?
Simply's current Days Payable is 50.44. The Retail - Cyclical industry median Days Payable is 51.22. Simply's value of 50.44 is 1.5% below this industry median. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Days Payable compare to HGGGQ and ORLY?
Simply's Days Payable of 50.44 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.22. Simply's value of 50.44 is 1.5% 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 a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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. Simply's current Days Payable of 50.44 is 1.5% 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 Simply and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simply's current Days Payable is 50.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Days Payable of 50.44. The current Days Payable is 50.44 and 1.5% below the Retail - Cyclical industry median of 51.22. Simply's overall GF Score™ is 16/100. 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 Simply (SIMPQ), the current Days Payable is 50.44 as of Jan. 2022. 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.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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