STMDF (StartMonday Technology) Days Payable: 3,754.94 (As of Sep. 2018)


What is StartMonday Technology Days Payable?

StartMonday Technology STMDF -99.00% Days Payable is 3,754.94 as of Sep. 2018.

StartMonday Technology's average Accounts Payable for the three months ended in Sep. 2018 was $0.41 Mil. StartMonday Technology's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.01 Mil. Hence, StartMonday Technology's Days Payable for the three months ended in Sep. 2018 was 3,754.94.

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

STMDF's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

StartMonday Technology's Days Payable increased from Sep. 2017 (2,037.92) to Sep. 2018 (3,754.94). It may suggest that StartMonday Technology delayed paying its suppliers.

StartMonday Technology Days Payable Historical Data

* Premium members only.

The historical data trend for StartMonday Technology'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.

StartMonday Technology Days Payable Chart

StartMonday Technology Annual Data
Trend Dec15 Dec16 Dec17
Days Payable
3,321.50 2,737.50 1,282.18

StartMonday Technology Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,037.92 974.31 1,424.51 1,951.35 3,754.94

STMDF vs DSNY, QUES, ANY: Days Payable Comparison

For the Software - Application subindustry, StartMonday Technology'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.

StartMonday Technology Days Payable vs Software Industry

For the Software industry and Technology sector, StartMonday Technology's Days Payable distribution charts can be found below:

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


StartMonday Technology 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.

StartMonday Technology's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.224 + 0.324) / 2 ) / 0.078*365
=0.274 / 0.078*365
=1,282.18

StartMonday Technology's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (0.318 + 0.505) / 2 ) / 0.01*365 / 4
=0.4115 / 0.01*365 / 4
=3,754.94

* 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 3,754.94 mean?
StartMonday Technology (STMDF) has a Days Payable of 3,754.94 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on StartMonday Technology and its competitors.
Is StartMonday Technology's Days Payable too high?
StartMonday Technology's current Days Payable is 3,754.94. The Software industry median Days Payable is 53.96. StartMonday Technology's value of 3,754.94 is 6859.4% above this industry median.
How does StartMonday Technology's Days Payable compare to DSNY and QUES?
StartMonday Technology's Days Payable of 3,754.94 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. StartMonday Technology's value of 3,754.94 is 6859.4% 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 a Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. StartMonday Technology's current Days Payable of 3,754.94 is 6859.4% 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 StartMonday Technology and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StartMonday Technology's current Days Payable is 3,754.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StartMonday Technology stock overvalued right now?
StartMonday Technology (STMDF) has a current Days Payable of 3,754.94. The current Days Payable is 3,754.94 and 6859.4% above the Software industry median of 53.96. 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 StartMonday Technology (STMDF), the current Days Payable is 3,754.94 as of Sep. 2018. 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.

StartMonday Technology Business Description

Address 1920 - 1177 W Hastings Street, Vancouver, BC, CAN, V6E 2K3
StartMonday Technology Corp is principally engaged in candidate selection solutions for employers in the retail and hospitality sectors. The company generates its revenue in the form of licensing services.