Q4 (TSX:QFOR) Days Payable : 18.74 (As of Sep. 2023)

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What is Q4 Days Payable?

Q4's average Accounts Payable for the three months ended in Sep. 2023 was C$1.28 Mil. Q4's Cost of Goods Sold for the three months ended in Sep. 2023 was C$6.22 Mil. Hence, Q4's Days Payable for the three months ended in Sep. 2023 was 18.74.

The historical rank and industry rank for Q4's Days Payable or its related term are showing as below:

TSX:QFOR' s Days Payable Range Over the Past 10 Years
Min: 14.35 Med: 71.19 Max: 127.44
Current: 15.41

During the past 5 years, Q4's highest Days Payable was 127.44. The lowest was 14.35. And the median was 71.19.

TSX:QFOR's Days Payable is not ranked
in the Software industry.
Industry Median: 50.7 vs TSX:QFOR: 15.41

Q4's Days Payable increased from Sep. 2022 (11.38) to Sep. 2023 (18.74). It may suggest that Q4 delayed paying its suppliers.

Q4 Days Payable Historical Data

The historical data trend for Q4'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.

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Q4 Days Payable Chart

Q4 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

127.44

90.68

51.69

14.35

Q4 Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial											11.38	12.17	13.87	14.11	18.74

Competitive Comparison of Q4's Days Payable

For the Software - Application subindustry, Q4'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.

Q4's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Q4's Days Payable distribution charts can be found below:

* The bar in red indicates where Q4's Days Payable falls into.

Q4 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.

Q4'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
=	( (1.519	+	0.926)	/	2 )	/	31.095	*	365
=	1.2225					/	31.095	*	365
=	14.35

Q4'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.805	+	1.748)	/	2 )	/	6.217	*	365 / 4
=	1.2765					/	6.217	*	365 / 4
=	18.74

Q4 Days Payable Related Terms

Thank you for viewing the detailed overview of Q4's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Q4 (TSX:QFOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Q4 Inc (TSX:QFOR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

I1F:Germany

Address

469-A King Street West, Toronto, ON, CAN, M5V 1K4

Website

https://www.q4inc.com

Q4 Inc is a provider of a capital markets communication software platform. It offers a broad suite of products to publicly listed companies, investment managers and investment banks along with a variety of workflows, including investor relations, corporate access, deal management and research. The company's cloud-based software platform of products provides corporate customers with critical technology infrastructure and data that may be used to support their investor relations teams through website, virtual events, CRM and analytics products. The group delivers services primarily over the internet on a subscription basis using the software-as-a-service (SaaS) model. It derives revenue from Canada, the U.S., Europe and Other countries, of which a majority of revenue is derived from the U.S.

Q4 (TSX:QFOR) Headlines

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