Deveron (TSXV:FARM.H) Days Payable: 152.62 (As of Mar. 2025)


TSXV:FARM.H Deveron Corp TSXV:FARM.H
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What is Deveron Days Payable?

Deveron TSXV:FARM.H 14 Days Payable is 152.62 as of Mar. 2025. GuruFocus rates TSXV:FARM.H with a GF Score™ of 14/100.

Deveron's average Accounts Payable for the three months ended in Mar. 2025 was C$3.07 Mil. Deveron's Cost of Goods Sold for the three months ended in Mar. 2025 was C$1.84 Mil. Hence, Deveron's Days Payable for the three months ended in Mar. 2025 was 152.62.

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

TSXV:FARM.H's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

Deveron's Days Payable declined from Mar. 2024 (168.29) to Mar. 2025 (152.62). It may suggest that Deveron accelerated paying its suppliers.

Deveron Days Payable Historical Data

* Premium members only.

The historical data trend for Deveron'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.

Deveron Days Payable Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.23 185.10 80.67 64.08 95.72

Deveron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.29 117.52 145.32 79.33 152.62

TSXV:FARM.H vs HWNI, FRQN, IBM: Days Payable Comparison

For the Information Technology Services subindustry, Deveron'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.

Deveron Days Payable vs Software Industry

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

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


TSXV:FARM.H
14GF Score
Deveron Corp TSXV:FARM.H
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Deveron 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.

Deveron's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (2.224 + 3.917) / 2 ) / 11.708*365
=3.0705 / 11.708*365
=95.72

Deveron's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (2.858 + 3.287) / 2 ) / 1.837*365 / 4
=3.0725 / 1.837*365 / 4
=152.62

* 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 152.62 mean?
Deveron (TSXV:FARM.H) has a Days Payable of 152.62 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Deveron and its competitors.
Is Deveron's Days Payable too high?
Deveron's current Days Payable is 152.62. The Software industry median Days Payable is 53.83. Deveron's value of 152.62 is 183.5% above this industry median. Overall, Deveron has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Deveron's Days Payable compare to HWNI and FRQN?
Deveron's Days Payable of 152.62 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. Deveron's value of 152.62 is 183.5% 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 53.83, based on 2,602 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. Deveron's current Days Payable of 152.62 is 183.5% 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 Deveron and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deveron's current Days Payable is 152.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deveron stock overvalued right now?
Deveron (TSXV:FARM.H) has a current Days Payable of 152.62. The current Days Payable is 152.62 and 183.5% above the Software industry median of 53.83. Deveron's overall GF Score™ is 14/100. 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 Deveron (TSXV:FARM.H), the current Days Payable is 152.62 as of Mar. 2025. 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.

Deveron Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.
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