VIP Entertainment Technologies (TSXV:VIP.H) Days Payable: 0.00 (As of Dec. 2024)


What is VIP Entertainment Technologies Days Payable?

VIP Entertainment Technologies TSXV:VIP.H Days Payable is 0.00 as of Dec. 2024.

VIP Entertainment Technologies's average Accounts Payable for the three months ended in Dec. 2024 was C$1.32 Mil. VIP Entertainment Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.00 Mil.

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

TSXV:VIP.H's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.32
* Ranked among companies with meaningful Days Payable only.

VIP Entertainment Technologies's Days Payable declined from Sep. 2023 (17,824.17) to Dec. 2024 (0.00). It may suggest that VIP Entertainment Technologies accelerated paying its suppliers.

VIP Entertainment Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for VIP Entertainment Technologies'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.

VIP Entertainment Technologies Days Payable Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Days Payable
0.00 0.00 0.00 0.00

VIP Entertainment Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 17,824.17 18,356.46 0.00 0.00 0.00

TSXV:VIP.H vs DKNG, CHDN, LNW: Days Payable Comparison

For the Gambling subindustry, VIP Entertainment Technologies'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.

VIP Entertainment Technologies Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VIP Entertainment Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where VIP Entertainment Technologies's Days Payable falls into.


VIP Entertainment Technologies 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.

VIP Entertainment Technologies's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

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

VIP Entertainment Technologies's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.302 + 1.329) / 2 ) / 0*365 / 4
=1.3155 / 0*365 / 4
=N/A

* 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 0.00 mean?
VIP Entertainment Technologies (TSXV:VIP.H) has a Days Payable of 0.00 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on VIP Entertainment Technologies and its competitors.
Is VIP Entertainment Technologies' Days Payable too high?
VIP Entertainment Technologies' current Days Payable is 0.00.
How does VIP Entertainment Technologies' Days Payable compare to DKNG and CHDN?
VIP Entertainment Technologies' Days Payable of 0.00 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.32. 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 781 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. 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 VIP Entertainment Technologies and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Entertainment Technologies's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Entertainment Technologies stock overvalued right now?
VIP Entertainment Technologies (TSXV:VIP.H) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 VIP Entertainment Technologies (TSXV:VIP.H), the current Days Payable is 0.00 as of Dec. 2024. 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.

VIP Entertainment Technologies Business Description

Address 3200, 500 4th Avenue SW, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is engaged in sports betting, casino games and poker through its VIP Bets platform and social gaming through its Free to Play platform, VIPFree2Play were suspended.