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VHAI (Vocodia Holdings) Days Payable : 1,461.85 (As of Sep. 2024)


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What is Vocodia Holdings Days Payable?

Vocodia Holdings's average Accounts Payable for the three months ended in Sep. 2024 was $1.19 Mil. Vocodia Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.07 Mil. Hence, Vocodia Holdings's Days Payable for the three months ended in Sep. 2024 was 1,461.85.

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

VHAI' s Days Payable Range Over the Past 10 Years
Min: 106.55   Med: 1216.94   Max: 3874.26
Current: 3874.26

During the past 4 years, Vocodia Holdings's highest Days Payable was 3874.26. The lowest was 106.55. And the median was 1216.94.

VHAI's Days Payable is ranked better than
98.5% of 2533 companies
in the Software industry
Industry Median: 50.32 vs VHAI: 3874.26

Vocodia Holdings's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (1,461.85). It may suggest that Vocodia Holdings delayed paying its suppliers.

Vocodia Holdings Days Payable Historical Data

The historical data trend for Vocodia Holdings'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.

* Premium members only.

Vocodia Holdings Days Payable Chart

Vocodia Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- 1,802.19 106.55 1,216.94

Vocodia Holdings Quarterly Data
Dec20 Sep21 Dec21 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 - 5,018.75 - 4,746.98 1,461.85

Competitive Comparison of Vocodia Holdings's Days Payable

For the Software - Infrastructure subindustry, Vocodia Holdings'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.

Vocodia Holdings's Days Payable Distribution in the Software Industry

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

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


Vocodia Holdings 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.

Vocodia Holdings'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
=( (0.312 + 1.155) / 2 ) / 0.22*365
=0.7335 / 0.22*365
=1,216.94

Vocodia Holdings'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
=( (0.909 + 1.462) / 2 ) / 0.074*365 / 4
=1.1855 / 0.074*365 / 4
=1,461.85

* 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.

Vocodia Holdings Days Payable Related Terms

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Vocodia Holdings Business Description

Industry
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Traded in Other Exchanges
N/A
Address
6401 Congress Avenue, Suite No. 160, Boca Raton, FL, USA, 33487
Website
https://www.vocodia.com
Vocodia Holdings Corp is an AI software company that builds practical AI functions and makes them easily obtainable for businesses on cloud-based platform solutions at low costs and scalable to multiagent vast enterprise solutions..