Xcyte Digital (TSXV:XCYT) Days Payable: 330.72 (As of Jun. 2024)

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What is Xcyte Digital Days Payable?

Xcyte Digital TSXV:XCYT Days Payable is 330.72 as of Jun. 2024.

Xcyte Digital's average Accounts Payable for the three months ended in Jun. 2024 was C$0.73 Mil. Xcyte Digital's Cost of Goods Sold for the three months ended in Jun. 2024 was C$0.20 Mil. Hence, Xcyte Digital's Days Payable for the three months ended in Jun. 2024 was 330.72.

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

TSXV:XCYT's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 69.85
* Ranked among companies with meaningful Days Payable only.

Xcyte Digital's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (330.72). It may suggest that Xcyte Digital delayed paying its suppliers.

Xcyte Digital Days Payable Historical Data

* Premium members only.

The historical data trend for Xcyte Digital'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.

Xcyte Digital Days Payable Chart

Xcyte Digital Annual Data
Trend
Days Payable

Xcyte Digital Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial 0.00 305.78 315.87 351.96 330.72

TSXV:XCYT vs AACT, CEP, EQV: Days Payable Comparison

For the Shell Companies subindustry, Xcyte Digital'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.

Xcyte Digital Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Xcyte Digital's Days Payable distribution charts can be found below:

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


Xcyte Digital 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.

Xcyte Digital's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Xcyte Digital's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.531 + 0.926) / 2 ) / 0.201*365 / 4
=0.7285 / 0.201*365 / 4
=330.72

* 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 330.72 mean?
Xcyte Digital (TSXV:XCYT) has a Days Payable of 330.72 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xcyte Digital and its competitors.
Is Xcyte Digital's Days Payable too high?
Xcyte Digital's current Days Payable is 330.72. The Diversified Financial Services industry median Days Payable is 69.85. Xcyte Digital's value of 330.72 is 373.5% above this industry median.
How does Xcyte Digital's Days Payable compare to AACT and CEP?
Xcyte Digital's Days Payable of 330.72 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 69.85. Xcyte Digital's value of 330.72 is 373.5% 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 69.85, based on 73 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. Xcyte Digital's current Days Payable of 330.72 is 373.5% 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 Xcyte Digital and its competitors. For the Diversified Financial Services industry, the median Days Payable is 69.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xcyte Digital's current Days Payable is 330.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xcyte Digital stock overvalued right now?
Xcyte Digital (TSXV:XCYT) has a current Days Payable of 330.72. The current Days Payable is 330.72 and 373.5% above the Diversified Financial Services industry median of 69.85. 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 Xcyte Digital (TSXV:XCYT), the current Days Payable is 330.72 as of Jun. 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.

Xcyte Digital Business Description

Address 3500 Gateway Drive, No.106, Pompano Beach, FL, USA, 33069
Xcyte Digital Corp is a shell company.