UTRX (Unitronix) Days Payable: 0.00 (As of Jun. 2023)


What is Unitronix Days Payable?

Unitronix UTRX Days Payable is 0.00 as of Jun. 2023.

Unitronix's average Accounts Payable for the six months ended in Jun. 2023 was $0.16 Mil. Unitronix's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil.

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

UTRX's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Unitronix's Days Payable declined from Jun. 2004 (647.88) to Jun. 2023 (0.00). It may suggest that Unitronix accelerated paying its suppliers.

Unitronix Days Payable Historical Data

* Premium members only.

The historical data trend for Unitronix'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.

Unitronix Days Payable Chart

Unitronix Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.99 590.72 647.88 0.00 0.00

Unitronix Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 256.99 590.72 647.88 0.00 0.00

UTRX vs VEII, CRCW, GTCH: Days Payable Comparison

For the Information Technology Services subindustry, Unitronix'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.

Unitronix Days Payable vs Software Industry

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

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


Unitronix 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.

Unitronix's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.143 + 0.185) / 2 ) / 0*365
=0.164 / 0*365
=N/A

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

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.143 + 0.185) / 2 ) / 0*365 / 2
=0.164 / 0*365 / 2
=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?
Unitronix (UTRX) has a Days Payable of 0.00 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Unitronix and its competitors.
Is Unitronix's Days Payable too high?
Unitronix's current Days Payable is 0.00.
How does Unitronix's Days Payable compare to VEII and CRCW?
Unitronix's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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 Unitronix and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unitronix'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 Unitronix stock overvalued right now?
Unitronix (UTRX) 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 Unitronix (UTRX), the current Days Payable is 0.00 as of Jun. 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.

Unitronix Business Description

Address 971 Us Highway, 202n Suite R, Branchburg, NJ, USA, 08876
Unitronix Corp is an innovator in blockchain and cryptocurrency asset management. The company focuses on developing a diversified crypto-treasury strategy built around Bitcoin and select digital assets, modeled after diversified reserve approaches. Its operations center on long-term value creation through strategic accumulation, management, and utilization of its on-chain treasury across multiple blockchain and DeFi initiatives.