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Virtual Interactive Technologies (Virtual Interactive Technologies) Days Payable : 0.00 (As of Sep. 2023)


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What is Virtual Interactive Technologies Days Payable?

Virtual Interactive Technologies's average Accounts Payable for the three months ended in Sep. 2023 was $0.08 Mil. Virtual Interactive Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

During the past 12 years, Virtual Interactive Technologies's highest Days Payable was 33.58. The lowest was 33.58. And the median was 33.58.

VRVR's Days Payable is not ranked *
in the Interactive Media industry.
Industry Median: 61.44
* Ranked among companies with meaningful Days Payable only.

Virtual Interactive Technologies's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

Virtual Interactive Technologies Days Payable Historical Data

The historical data trend for Virtual Interactive Technologies'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.

Virtual Interactive Technologies Days Payable Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.58 - - - -

Virtual Interactive Technologies Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Virtual Interactive Technologies's Days Payable

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive Technologies'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.

Virtual Interactive Technologies's Days Payable Distribution in the Interactive Media Industry

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

* The bar in red indicates where Virtual Interactive Technologies's Days Payable falls into.


Virtual Interactive Technologies 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.

Virtual Interactive Technologies's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.035 + 0.055) / 2 ) / 0*365
=0.045 / 0*365
=N/A

Virtual Interactive Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.111 + 0.055) / 2 ) / 0*365 / 4
=0.083 / 0*365 / 4
=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.

Virtual Interactive Technologies Days Payable Related Terms

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Virtual Interactive Technologies (Virtual Interactive Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Virtual Interactive Technologies Corp (OTCPK:VRVR) » Definitions » Days Payable
Comparable Companies
DROR FRZT NFTG MGAM WINR MSGM GDC GIGM ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555 BILI
Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Website
https://www.vrvrcorp.com
Virtual Interactive Technologies Corp offers expertise in developing solutions, publishing, and marketing video game products and is actively involved in the early stages of Virtual Reality/Augmented Reality game development. The revenue is generated from the royalty interest in five games, Carmageddon Max Damage, Carmageddon Crashers, Catch and Release, Interplanetary: Enhanced Edition, and Worbital. These games are distributed world-wide on various gaming platforms including Sony PlayStation, Xbox, Steam, and Oculus among others.