UBQU (Ubiquitech Software) Days Payable: 91.25 (As of Aug. 2023)


What is Ubiquitech Software Days Payable?

Ubiquitech Software UBQU -95.00% Days Payable is 91.25 as of Aug. 2023.

Ubiquitech Software's average Accounts Payable for the three months ended in Aug. 2023 was $0.03 Mil. Ubiquitech Software's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.03 Mil. Hence, Ubiquitech Software's Days Payable for the three months ended in Aug. 2023 was 91.25.

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

UBQU's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

Ubiquitech Software's Days Payable increased from Nov. 2009 (0.00) to Aug. 2023 (91.25). It may suggest that Ubiquitech Software delayed paying its suppliers.

Ubiquitech Software Days Payable Historical Data

* Premium members only.

The historical data trend for Ubiquitech Software'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.

Ubiquitech Software Days Payable Chart

Ubiquitech Software Annual Data
Trend Aug08
Days Payable
0.00

Ubiquitech Software Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug22 Aug23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.63 91.25

UBQU vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ubiquitech Software'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.

Ubiquitech Software Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ubiquitech Software's Days Payable distribution charts can be found below:

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


Ubiquitech Software 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.

Ubiquitech Software's Days Payable for the fiscal year that ended in Aug. 2008 is calculated as

Days Payable (A: Aug. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: Aug. 2008 )) / count ) / Cost of Goods Sold (A: Aug. 2008 )*Days in Period
=( ( + 0.006) / 1 ) / 0*365
=0.006 / 0*365
=N/A

Ubiquitech Software's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

Days Payable (Q: Aug. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2022 ) + Accounts Payable (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0 + 0.03) / 1 ) / 0.03*365 / 4
=0.03 / 0.03*365 / 4
=91.25

* 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 91.25 mean?
Ubiquitech Software (UBQU) has a Days Payable of 91.25 as of Aug. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ubiquitech Software and its competitors.
Is Ubiquitech Software's Days Payable too high?
Ubiquitech Software's current Days Payable is 91.25. The Drug Manufacturers industry median Days Payable is 90.84. Ubiquitech Software's value of 91.25 is 0.5% above this industry median.
How does Ubiquitech Software's Days Payable compare to ZTS?
Ubiquitech Software's Days Payable of 91.25 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. Ubiquitech Software's value of 91.25 is 0.5% 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.84, based on 922 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. Ubiquitech Software's current Days Payable of 91.25 is 0.5% 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 Ubiquitech Software and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ubiquitech Software's current Days Payable is 91.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiquitech Software stock overvalued right now?
Ubiquitech Software (UBQU) has a current Days Payable of 91.25. The current Days Payable is 91.25 and 0.5% above the Drug Manufacturers industry median of 90.84. 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 Ubiquitech Software (UBQU), the current Days Payable is 91.25 as of Aug. 2023. 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.

Ubiquitech Software Business Description

Address 3570 East 12th Avenue, Denver, CO, USA, 80206
Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing world-wide internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal.