STAFQ (Staffing 360 Solutions) Days Payable: 31.92 (As of Sep. 2024)

What is Staffing 360 Solutions Days Payable?

Staffing 360 Solutions STAFQ -99.00% 12 Days Payable is 31.92 as of Sep. 2024. GuruFocus rates STAFQ with a GF Score™ of 12/100.

Staffing 360 Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $14.0 Mil. Staffing 360 Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $39.9 Mil. Hence, Staffing 360 Solutions's Days Payable for the three months ended in Sep. 2024 was 31.92.

The historical rank and industry rank for Staffing 360 Solutions's Days Payable or its related term are showing as below:

STAFQ's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Staffing 360 Solutions's Days Payable declined from Sep. 2023 (41.82) to Sep. 2024 (31.92). It may suggest that Staffing 360 Solutions accelerated paying its suppliers.

Staffing 360 Solutions Days Payable Related Terms

Staffing 360 Solutions Days Payable Historical Data

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The historical data trend for Staffing 360 Solutions'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.

Staffing 360 Solutions Days Payable Chart

Staffing 360 Solutions Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3.67

1.55

3.09

8.27

9.87

Staffing 360 Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															41.82	28.00	24.44	35.96	31.92

STAFQ vs IPDN, GLXG, RLBY: Days Payable Comparison

For the Staffing & Employment Services subindustry, Staffing 360 Solutions'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.

Staffing 360 Solutions Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's Days Payable falls into.

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Staffing 360 Solutions Inc STAFQ

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Staffing 360 Solutions 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.

Staffing 360 Solutions's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4.147	+	4.63)	/	2 )	/	162.347	*	365
=	4.3885					/	162.347	*	365
=	9.87

Staffing 360 Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (15.515	+	12.423)	/	2 )	/	39.936	*	365 / 4
=	13.969					/	39.936	*	365 / 4
=	31.92

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 31.92 mean?

Staffing 360 Solutions (STAFQ) has a Days Payable of 31.92 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Staffing 360 Solutions and its competitors.

Is Staffing 360 Solutions' Days Payable too high?

Staffing 360 Solutions' current Days Payable is 31.92. The Business Services industry median Days Payable is 46.92. Staffing 360 Solutions' value of 31.92 is 32% below this industry median. Overall, Staffing 360 Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Staffing 360 Solutions' Days Payable compare to IPDN and GLXG?

Staffing 360 Solutions' Days Payable of 31.92 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Staffing 360 Solutions' value of 31.92 is 32% 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 Business Services company?

The median Days Payable among Business Services companies is 46.92, based on 943 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. Staffing 360 Solutions's current Days Payable of 31.92 is 32% 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 Staffing 360 Solutions and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Staffing 360 Solutions's current Days Payable is 31.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Staffing 360 Solutions stock overvalued right now?

Staffing 360 Solutions (STAFQ) has a current Days Payable of 31.92. The current Days Payable is 31.92 and 32% below the Business Services industry median of 46.92. Staffing 360 Solutions' 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 Staffing 360 Solutions (STAFQ), the current Days Payable is 31.92 as of Sep. 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.

Staffing 360 Solutions Business Description

Industry Industrials Business Services

Comparable Companies IPDN GLXG RLBY XAMS:RAND RHI XSWX:ADEN TNET TSE:2181 KFY NSP MAN TSE:6028 LSE:HAS SHSE:600861 TSE:9744 LSE:PAGE BOM:539978 TSE:2154 BBSI WAR:GPP

Address 757 3rd Avenue, 27th Floor, New York, NY, USA, 10017

Website https://www.staffing360solutions.com

Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.

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