Snipp Interactive (TSXV:SPN) Days Payable : 0.00 (As of Mar. 2024)

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What is Snipp Interactive Days Payable?

Snipp Interactive's average Accounts Payable for the three months ended in Mar. 2024 was C$3.49 Mil. Snipp Interactive's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil.

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

TSXV:SPN's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 81.555
* Ranked among companies with meaningful Days Payable only.

Snipp Interactive's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Snipp Interactive Days Payable Historical Data

The historical data trend for Snipp Interactive'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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Snipp Interactive Days Payable Chart

Snipp Interactive Annual Data

Trend

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Dec23

Days Payable

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Snipp Interactive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Snipp Interactive's Days Payable

For the Advertising Agencies subindustry, Snipp Interactive'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.

Snipp Interactive's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Snipp Interactive's Days Payable distribution charts can be found below:

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

Snipp Interactive 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.

Snipp Interactive's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4.533	+	3.624)	/	2 )	/	0	*	365
=	4.0785					/	0	*	365
=	N/A

Snipp Interactive's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.624	+	3.358)	/	2 )	/	0	*	365 / 4
=	3.491					/	0	*	365 / 4
=	N/A

Snipp Interactive Days Payable Related Terms

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Snipp Interactive (TSXV:SPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Snipp Interactive Inc (TSXV:SPN) » Definitions » Days Payable

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SNIPF:USA

Address

666 Burrard Street, Suite 1700, Vancouver, BC, CAN, V6C 2X8

Website

https://www.snipp.com

Snipp Interactive Inc a loyalty and promotions technology company develops and sells mobile-based promotions software applications and associated campaign services. The company provides its products in a range of solution sets, which include Purchase Promotions and Receipt Processing; Loyalty Programs; Mobile Promotions and Contests; Reward Solutions; Rebate Solutions, and Data Analytics. It offers software applications, which allow advertising agencies, brands, and media to engage and interact with customers. Geographically it operates through in several cities in the United States, and international operations in Canada, India, and Ireland. It derived the majority of its revenues from the United States.

Executives

Jaisun Garcha

Senior Officer

Snipp Interactive (TSXV:SPN) Headlines

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