STTTF (Splitit Payments) Days Payable: 1,052.23 (As of Jun. 2023)


STTTF Splitit Payments Ltd STTTF
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What is Splitit Payments Days Payable?

Splitit Payments STTTF 12 Days Payable is 1,052.23 as of Jun. 2023. GuruFocus rates STTTF with a GF Score™ of 12/100.

Splitit Payments's average Accounts Payable for the six months ended in Jun. 2023 was $3.69 Mil. Splitit Payments's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.64 Mil. Hence, Splitit Payments's Days Payable for the six months ended in Jun. 2023 was 1,052.23.

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

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

Splitit Payments's Days Payable increased from Jun. 2022 (837.59) to Jun. 2023 (1,052.23). It may suggest that Splitit Payments delayed paying its suppliers.

Splitit Payments Days Payable Historical Data

* Premium members only.

The historical data trend for Splitit Payments'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.

Splitit Payments Days Payable Chart

Splitit Payments Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
569.89 938.51 942.77 690.49

Splitit Payments Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,713.49 539.68 837.59 661.97 1,052.23

STTTF vs MSFT, ORCL, ADBE: Days Payable Comparison

For the Software - Infrastructure subindustry, Splitit Payments'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.

Splitit Payments Days Payable vs Software Industry

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

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


STTTF
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Splitit Payments Ltd STTTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Splitit Payments 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.

Splitit Payments's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2.78 + 1.764) / 2 ) / 1.201*365
=2.272 / 1.201*365
=690.49

Splitit Payments's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.764 + 5.616) / 2 ) / 0.64*365 / 2
=3.69 / 0.64*365 / 2
=1,052.23

* 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 1,052.23 mean?
Splitit Payments (STTTF) has a Days Payable of 1,052.23 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Splitit Payments and its competitors.
Is Splitit Payments' Days Payable too high?
Splitit Payments' current Days Payable is 1,052.23. The Software industry median Days Payable is 53.96. Splitit Payments' value of 1,052.23 is 1850.2% above this industry median. Overall, Splitit Payments has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Splitit Payments' Days Payable compare to MSFT and ORCL?
Splitit Payments' Days Payable of 1,052.23 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Splitit Payments' value of 1,052.23 is 1850.2% 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. Splitit Payments's current Days Payable of 1,052.23 is 1850.2% 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 Splitit Payments 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. Splitit Payments's current Days Payable is 1,052.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Splitit Payments stock overvalued right now?
Splitit Payments (STTTF) has a current Days Payable of 1,052.23. The current Days Payable is 1,052.23 and 1850.2% above the Software industry median of 53.96. Splitit Payments' 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 Splitit Payments (STTTF), the current Days Payable is 1,052.23 as of Jun. 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.

Splitit Payments Business Description

Address 32 HaArba\'a Street, Tel Aviv, ISR, 6473970
Splitit Payments Ltd is a cross-border payment solution enabling customers to pay for purchases with an existing debit or credit card by splitting the purchase into fee and interest-free monthly installments, without the need for registration, application, or approval. Splitit operates in three geographical regions: North America, the United Kingdom & Europe, and Australia.
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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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