iSign Media Solutions (TSXV:ISD.H) Days Payable: 30,903.33 (As of Jan. 2023)

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What is iSign Media Solutions Days Payable?

iSign Media Solutions TSXV:ISD.H Days Payable is 30,903.33 as of Jan. 2023.

iSign Media Solutions's average Accounts Payable for the three months ended in Jan. 2023 was C$1.02 Mil. iSign Media Solutions's Cost of Goods Sold for the three months ended in Jan. 2023 was C$0.00 Mil. Hence, iSign Media Solutions's Days Payable for the three months ended in Jan. 2023 was 30,903.33.

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

TSXV:ISD.H's Days Payable is not ranked *
in the Software industry.
Industry Median: 52.79
* Ranked among companies with meaningful Days Payable only.

iSign Media Solutions's Days Payable increased from Jan. 2022 (24,528.00) to Jan. 2023 (30,903.33). It may suggest that iSign Media Solutions delayed paying its suppliers.

iSign Media Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Days Payable Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,142.14 32,997.74 22,472.39 27,648.75 0.00

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 24,528.00 35,040.00 16,995.31 19,116.88 30,903.33

TSXV:ISD.H vs LAAB, CYAP, NIRLQ: Days Payable Comparison

For the Software - Application subindustry, iSign Media Solutions'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.

iSign Media Solutions Days Payable vs Software Industry

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

* The bar in red indicates where iSign Media Solutions's Days Payable falls into.


iSign Media Solutions 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.

iSign Media Solutions's Days Payable for the fiscal year that ended in Apr. 2022 is calculated as

Days Payable (A: Apr. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2021 ) + Accounts Payable (A: Apr. 2022 )) / count ) / Cost of Goods Sold (A: Apr. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.017*365
=0 / 0.017*365
=0.00

iSign Media Solutions's Days Payable for the quarter that ended in Jan. 2023 is calculated as:

Days Payable (Q: Jan. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2022 ) + Accounts Payable (Q: Jan. 2023 )) / count ) / Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=( (0.931 + 1.101) / 2 ) / 0.003*365 / 4
=1.016 / 0.003*365 / 4
=30,903.33

* 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 30,903.33 mean?
iSign Media Solutions (TSXV:ISD.H) has a Days Payable of 30,903.33 as of Jan. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on iSign Media Solutions and its competitors.
Is iSign Media Solutions' Days Payable too high?
iSign Media Solutions' current Days Payable is 30,903.33. The Software industry median Days Payable is 52.79. iSign Media Solutions' value of 30,903.33 is 58440.1% above this industry median.
How does iSign Media Solutions' Days Payable compare to LAAB and CYAP?
iSign Media Solutions' Days Payable of 30,903.33 can be compared against companies in the Software industry. The industry median Days Payable is 52.79. iSign Media Solutions' value of 30,903.33 is 58440.1% 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 52.79, based on 2,605 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. iSign Media Solutions's current Days Payable of 30,903.33 is 58440.1% 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 iSign Media Solutions and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iSign Media Solutions's current Days Payable is 30,903.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iSign Media Solutions stock overvalued right now?
iSign Media Solutions (TSXV:ISD.H) has a current Days Payable of 30,903.33. The current Days Payable is 30,903.33 and 58440.1% above the Software industry median of 52.79. 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 iSign Media Solutions (TSXV:ISD.H), the current Days Payable is 30,903.33 as of Jan. 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.

iSign Media Solutions Business Description

Address 105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a Canadian data-focused, software-as-a-service (SaaS) company in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth and Wi-Fi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics.