RevoluGROUP Canada (TSXV:REVO) Days Payable : 2,291.71 (As of Feb. 2024)

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What is RevoluGROUP Canada Days Payable?

RevoluGROUP Canada's average Accounts Payable for the three months ended in Feb. 2024 was C$1.21 Mil. RevoluGROUP Canada's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.05 Mil. Hence, RevoluGROUP Canada's Days Payable for the three months ended in Feb. 2024 was 2,291.71.

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

TSXV:REVO' s Days Payable Range Over the Past 10 Years
Min: 12.42 Med: 100.45 Max: 2830.41
Current: 2405.46

During the past 13 years, RevoluGROUP Canada's highest Days Payable was 2830.41. The lowest was 12.42. And the median was 100.45.

TSXV:REVO's Days Payable is ranked better than
97.66% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TSXV:REVO: 2405.46

RevoluGROUP Canada's Days Payable increased from Feb. 2023 (1,259.58) to Feb. 2024 (2,291.71). It may suggest that RevoluGROUP Canada delayed paying its suppliers.

RevoluGROUP Canada Days Payable Historical Data

The historical data trend for RevoluGROUP Canada'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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RevoluGROUP Canada Days Payable Chart

RevoluGROUP Canada Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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85.66

47.63

1,272.57

2,830.41

1,709.88

RevoluGROUP Canada Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															1,259.58	2,217.65	2,190.00	3,266.28	2,291.71

Competitive Comparison of RevoluGROUP Canada's Days Payable

For the Software - Application subindustry, RevoluGROUP Canada'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.

RevoluGROUP Canada's Days Payable Distribution in the Software Industry

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

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

RevoluGROUP Canada 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.

RevoluGROUP Canada's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.48	+	0.738)	/	2 )	/	0.13	*	365
=	0.609					/	0.13	*	365
=	1,709.88

RevoluGROUP Canada's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1.37	+	1.041)	/	2 )	/	0.048	*	365 / 4
=	1.2055					/	0.048	*	365 / 4
=	2,291.71

RevoluGROUP Canada Days Payable Related Terms

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RevoluGROUP Canada (TSXV:REVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RevoluGROUP Canada Inc (TSXV:REVO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IJA2:Germany

Address

4388 Still Creek Drive, Suite No. 211, Burnaby, BC, CAN, V5C 6C6

Website

https://www.revolugroup.com

RevoluGROUP Canada Inc is a multi-vertical Fintech company generating revenue via its RevoluPAY mobile EU PSD2, FINTRAC and USA MSB II licensed banking app and Visa Card. RevoluSEND Remittances & Forex, RevoluEX Crypto Exchange, RevoluCHARGE pay-as-you-go top-up, RevolUTILITY Virtual Store, RevoluREALTY real-estate, REVOLUEGAME gaming, RevoluPOS Global mobile POS, RevoluFIN Loans and Lending, RevoluVIP members only net rate Travel Club to more than 120 countries.

Executives

Bernard Jean Jacques Lonis

Director

RevoluGROUP Canada (TSXV:REVO) Headlines

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