VEII (Value Exchange International) Days Payable: 52.53 (As of Sep. 2024)


What is Value Exchange International Days Payable?

Value Exchange International VEII Days Payable is 52.53 as of Sep. 2024.

Value Exchange International's average Accounts Payable for the three months ended in Sep. 2024 was $2.18 Mil. Value Exchange International's Cost of Goods Sold for the three months ended in Sep. 2024 was $3.80 Mil. Hence, Value Exchange International's Days Payable for the three months ended in Sep. 2024 was 52.53.

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

VEII's Days Payable is not ranked *
in the Software industry.
Industry Median: 52.79
* Ranked among companies with meaningful Days Payable only.

Value Exchange International's Days Payable increased from Sep. 2023 (30.50) to Sep. 2024 (52.53). It may suggest that Value Exchange International delayed paying its suppliers.

Value Exchange International Days Payable Historical Data

* Premium members only.

The historical data trend for Value Exchange International'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.

Value Exchange International Days Payable Chart

Value Exchange International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.78 17.01 43.24 30.79 41.78

Value Exchange International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.50 31.03 55.82 41.28 52.53

VEII vs FRQN, HWNID, SEAV: Days Payable Comparison

For the Information Technology Services subindustry, Value Exchange International'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.

Value Exchange International Days Payable vs Software Industry

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

* The bar in red indicates where Value Exchange International's Days Payable falls into.


Value Exchange International 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.

Value Exchange International'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
=( (0.867 + 1.616) / 2 ) / 10.846*365
=1.2415 / 10.846*365
=41.78

Value Exchange International's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.988 + 2.381) / 2 ) / 3.795*365 / 4
=2.1845 / 3.795*365 / 4
=52.53

* 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 52.53 mean?
Value Exchange International (VEII) has a Days Payable of 52.53 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Value Exchange International and its competitors.
Is Value Exchange International's Days Payable too high?
Value Exchange International's current Days Payable is 52.53. The Software industry median Days Payable is 52.79. Value Exchange International's value of 52.53 is 0.5% below this industry median.
How does Value Exchange International's Days Payable compare to FRQN and HWNID?
Value Exchange International's Days Payable of 52.53 can be compared against companies in the Software industry. The industry median Days Payable is 52.79. Value Exchange International's value of 52.53 is 0.5% below 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Value Exchange International's current Days Payable of 52.53 is 0.5% below 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 Value Exchange International and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Exchange International's current Days Payable is 52.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Exchange International stock overvalued right now?
Value Exchange International (VEII) has a current Days Payable of 52.53. The current Days Payable is 52.53 and 0.5% below the Software industry median of 52.79. 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 Value Exchange International (VEII), the current Days Payable is 52.53 as of Sep. 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.

Value Exchange International Business Description

Address 18 Sheung Yuet Road, 10th Floor, FT Life Tower, Kowloon Bay, Kowloon, Hong Kong, HKG, 999077
Value Exchange International Inc is a United States-based software company. Its business activities include providing credit and debit card processing services to multinational retailers in Asia and engaging in the systems development and information technology business. It offers Point of Sale equipment, Payment devices, Offer management and CRM related software solutions, and Software support services for the retail industry in China, Hong Kong, and Manila, Philippines.