Edge Total Intelligence (TSXV:CTRL) Days Payable : 264.09 (As of Sep. 2023)

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What is Edge Total Intelligence Days Payable?

Edge Total Intelligence's average Accounts Payable for the three months ended in Sep. 2023 was C$0.79 Mil. Edge Total Intelligence's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.27 Mil. Hence, Edge Total Intelligence's Days Payable for the three months ended in Sep. 2023 was 264.09.

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

TSXV:CTRL' s Days Payable Range Over the Past 10 Years
Min: 192.28 Med: 233.59 Max: 246.52
Current: 192.28

During the past 4 years, Edge Total Intelligence's highest Days Payable was 246.52. The lowest was 192.28. And the median was 233.59.

TSXV:CTRL's Days Payable is ranked better than
83.06% of 2532 companies
in the Software industry
Industry Median: 50.145 vs TSXV:CTRL: 192.28

Edge Total Intelligence's Days Payable increased from Sep. 2022 (124.88) to Sep. 2023 (264.09). It may suggest that Edge Total Intelligence delayed paying its suppliers.

Edge Total Intelligence Days Payable Historical Data

The historical data trend for Edge Total Intelligence'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.

* Premium members only.

Edge Total Intelligence Days Payable Chart

Edge Total Intelligence Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

220.66

246.52

Edge Total Intelligence Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial														124.88	177.47	205.37	171.09	264.09

Competitive Comparison of Edge Total Intelligence's Days Payable

For the Software - Infrastructure subindustry, Edge Total Intelligence'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.

Edge Total Intelligence's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Edge Total Intelligence's Days Payable falls into.

Edge Total Intelligence 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.

Edge Total Intelligence'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
=	( (1.093	+	0.998)	/	2 )	/	1.548	*	365
=	1.0455					/	1.548	*	365
=	246.52

Edge Total Intelligence'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
=	( (0.828	+	0.758)	/	2 )	/	0.274	*	365 / 4
=	0.793					/	0.274	*	365 / 4
=	264.09

Edge Total Intelligence Days Payable Related Terms

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Edge Total Intelligence (TSXV:CTRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Total Intelligence Inc (TSXV:CTRL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UNFYF:USA

Address

666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.edgeti.com

Edge Total Intelligence Inc operates as a software company delivering increased operational resilience, agility, and efficiency. The company's low-code rapid development software, edgeCore, securely unifies control and intelligence without creating new data stores or uprooting existing systems. Configurable pipelines and visualizations transform siloed systems into composable operations that meet the unique needs of users and evolving business situations. Edge Total Intelligence serves customers worldwide.