SPOI (SPO Networks) Days Payable: 40.55 (As of Mar. 2023)

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What is SPO Networks Days Payable?

SPO Networks SPOI -99.67% Days Payable is 40.55 as of Mar. 2023.

SPO Networks's average Accounts Payable for the three months ended in Mar. 2023 was $0.23 Mil. SPO Networks's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.52 Mil. Hence, SPO Networks's Days Payable for the three months ended in Mar. 2023 was 40.55.

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

SPOI's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 74.68
* Ranked among companies with meaningful Days Payable only.

SPO Networks's Days Payable increased from Dec. 2021 (14.75) to Mar. 2023 (40.55). It may suggest that SPO Networks delayed paying its suppliers.

SPO Networks Days Payable Historical Data

* Premium members only.

The historical data trend for SPO Networks'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.

SPO Networks Days Payable Chart

SPO Networks Annual Data
Trend May03 May05 Sep06 Sep07 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,854.80 - - - 24.78

SPO Networks Quarterly Data
Jun11 Sep11 Mar12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 14.75 28.08 30.18 61.50 40.55

SPOI vs GKIT, GPVRF, SORL: Days Payable Comparison

For the Shell Companies subindustry, SPO Networks'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.

SPO Networks Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SPO Networks's Days Payable distribution charts can be found below:

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


SPO Networks 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.

SPO Networks's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0.284097) / 1 ) / 4.184097*365
=0.284097 / 4.184097*365
=24.78

SPO Networks's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0.289032 + 0.16969) / 2 ) / 0.516125*365 / 4
=0.229361 / 0.516125*365 / 4
=40.55

* 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 40.55 mean?
SPO Networks (SPOI) has a Days Payable of 40.55 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SPO Networks and its competitors.
Is SPO Networks' Days Payable too high?
SPO Networks' current Days Payable is 40.55. The Diversified Financial Services industry median Days Payable is 74.68. SPO Networks' value of 40.55 is 45.7% below this industry median.
How does SPO Networks' Days Payable compare to GKIT and GPVRF?
SPO Networks' Days Payable of 40.55 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 74.68. SPO Networks' value of 40.55 is 45.7% 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 74.68, based on 74 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. SPO Networks's current Days Payable of 40.55 is 45.7% 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 SPO Networks and its competitors. For the Diversified Financial Services industry, the median Days Payable is 74.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Networks's current Days Payable is 40.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Days Payable of 40.55. The current Days Payable is 40.55 and 45.7% below the Diversified Financial Services industry median of 74.68. 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 SPO Networks (SPOI), the current Days Payable is 40.55 as of Mar. 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.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.