EarthLabs (TSXV:SPOT) Days Payable : 0.00 (As of Dec. 2023)

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What is EarthLabs Days Payable?

EarthLabs's average Accounts Payable for the three months ended in Dec. 2023 was C$1.04 Mil. EarthLabs's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil.

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

TSXV:SPOT's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.16
* Ranked among companies with meaningful Days Payable only.

EarthLabs's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

EarthLabs Days Payable Historical Data

The historical data trend for EarthLabs'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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EarthLabs Days Payable Chart

EarthLabs Annual Data

Trend

May17

May18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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EarthLabs Quarterly Data
	Feb19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of EarthLabs's Days Payable

For the Information Technology Services subindustry, EarthLabs'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.

EarthLabs's Days Payable Distribution in the Software Industry

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

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

EarthLabs 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.

EarthLabs'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
=	( (1.002	+	1.287)	/	2 )	/	0	*	365
=	1.1445					/	0	*	365
=	N/A

EarthLabs's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.794	+	1.287)	/	2 )	/	0	*	365 / 4
=	1.0405					/	0	*	365 / 4
=	N/A

EarthLabs Days Payable Related Terms

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EarthLabs (TSXV:SPOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EarthLabs Inc (TSXV:SPOT) » Definitions » Days Payable

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SPOFF:USA

Address

69 Yonge Street, Suite 1010, Toronto, ON, CAN, M5E 1K3

Website

https://earthlabs.com

EarthLabs Inc is a mining investment and technology company. It offers a full suite of data and knowledge-driven SaaS tools and services. EarthLabs works with industry customers across all commodity and deposit types to identify new exploration targets, develop cutting-edge technologies, and strategically invest in mineral exploration companies. It operates in two reportable segments Exploration Technology Division which houses the Company's exploration SaaS and consulting services and field services divisions, and Financial Technology Division which houses the Company's financial technology (CEO.CA and DigiGeoData) and growing investment portfolio.

Executives