VERTF (Vertiqal Studios) Days Payable : 260.06 (As of Sep. 2024)

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What is Vertiqal Studios Days Payable?

Vertiqal Studios's average Accounts Payable for the three months ended in Sep. 2024 was $1.83 Mil. Vertiqal Studios's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.64 Mil. Hence, Vertiqal Studios's Days Payable for the three months ended in Sep. 2024 was 260.06.

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

VERTF' s Days Payable Range Over the Past 10 Years
Min: 731.8 Med: 826.96 Max: 7391.25
Current: 1010.91

During the past 5 years, Vertiqal Studios's highest Days Payable was 7391.25. The lowest was 731.80. And the median was 826.96.

VERTF's Days Payable is ranked better than
93.29% of 432 companies
in the Interactive Media industry
Industry Median: 60.935 vs VERTF: 1010.91

Vertiqal Studios's Days Payable declined from Sep. 2023 (355.88) to Sep. 2024 (260.06). It may suggest that Vertiqal Studios accelerated paying its suppliers.

Vertiqal Studios Days Payable Historical Data

The historical data trend for Vertiqal Studios'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.

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Vertiqal Studios Days Payable Chart

Vertiqal Studios Annual Data

Trend

Nov19

Nov20

Dec21

Dec22

Dec23

Days Payable

7,453.06

747.09

821.77

Vertiqal Studios Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															355.88	-	1,308.35	880.85	260.06

Competitive Comparison of Vertiqal Studios's Days Payable

For the Electronic Gaming & Multimedia subindustry, Vertiqal Studios'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.

Vertiqal Studios's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vertiqal Studios's Days Payable distribution charts can be found below:

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

Vertiqal Studios 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.

Vertiqal Studios'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
=	( (2.406	+	2.313)	/	2 )	/	1.048	*	365
=	2.3595					/	1.048	*	365
=	821.77

Vertiqal Studios'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
=	( (1.667	+	1.998)	/	2 )	/	0.643	*	365 / 4
=	1.8325					/	0.643	*	365 / 4
=	260.06

Vertiqal Studios Days Payable Related Terms

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Vertiqal Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vertiqal Studios Corp (OTCPK:VERTF) » Definitions » Days Payable

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VRTS:Canada

Address

120 Carlton Street, Suite 405, Toronto, ON, CAN, M5A 4K2

Website

https://www.vertiqalstudios.com

Vertiqal Studios Corp is an owned and operated digital-channel network and video-production studio. Specializing in the creation of viral videos, Vertiqal produces and distributes 100+ videos daily across 66 owned-and-operated channels, utilizing TV economics to monetize TikTok and Instagram, and revenue-share with OTT platforms such as Snapchat. Its strategic focus is producing high-performing organic (not paid) video across its channels in order to continue building its audience.