SPOM (SPO Global) Days Payable: 6.77 (As of Sep. 2023)

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What is SPO Global Days Payable?

SPO Global SPOM Days Payable is 6.77 as of Sep. 2023.

SPO Global's average Accounts Payable for the three months ended in Sep. 2023 was $0.23 Mil. SPO Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $3.13 Mil. Hence, SPO Global's Days Payable for the three months ended in Sep. 2023 was 6.77.

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

SPOM's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 56.04
* Ranked among companies with meaningful Days Payable only.

SPO Global's Days Payable increased from Dec. 2016 (0.00) to Sep. 2023 (6.77). It may suggest that SPO Global delayed paying its suppliers.

SPO Global Days Payable Historical Data

* Premium members only.

The historical data trend for SPO Global'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 Global Days Payable Chart

SPO Global Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.55 19.09 918.79 4,983.65 0.00

SPO Global Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 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 0.00 0.00 0.00 0.00 6.77

SPOM vs PTEEF, IDVV, LCCN: Days Payable Comparison

For the Conglomerates subindustry, SPO Global'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 Global Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SPO Global's Days Payable distribution charts can be found below:

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


SPO Global 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 Global's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.247 + 0.282) / 2 ) / 0*365
=0.2645 / 0*365
=N/A

SPO Global'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 + 0.232) / 1 ) / 3.128*365 / 4
=0.232 / 3.128*365 / 4
=6.77

* 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 6.77 mean?
SPO Global (SPOM) has a Days Payable of 6.77 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 SPO Global and its competitors.
Is SPO Global's Days Payable too high?
SPO Global's current Days Payable is 6.77. The Conglomerates industry median Days Payable is 56.04. SPO Global's value of 6.77 is 87.9% below this industry median.
How does SPO Global's Days Payable compare to PTEEF and IDVV?
SPO Global's Days Payable of 6.77 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.04. SPO Global's value of 6.77 is 87.9% 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 a Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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 Global's current Days Payable of 6.77 is 87.9% 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 SPO Global and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Global's current Days Payable is 6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Global stock overvalued right now?
SPO Global (SPOM) has a current Days Payable of 6.77. The current Days Payable is 6.77 and 87.9% below the Conglomerates industry median of 56.04. 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 Global (SPOM), the current Days Payable is 6.77 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.

SPO Global Business Description

Address 6343 All American Boulevard, Orlando, FL, USA, 32810
SPO Global Inc is engaged in the development and structuring of climate-related projects, with a focus on carbon capture and offsetting mechanisms.