VSMR (Verify Smart) Days Payable: 0.00 (As of Jun. 2024)

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What is Verify Smart Days Payable?

Verify Smart VSMR Days Payable is 0.00 as of Jun. 2024.

Verify Smart's average Accounts Payable for the six months ended in Jun. 2024 was $1.18 Mil. Verify Smart's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

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

VSMR's Days Payable is not ranked *
in the Software industry.
Industry Median: 51.72
* Ranked among companies with meaningful Days Payable only.

Verify Smart's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2024 (0.00).

Verify Smart Days Payable Historical Data

* Premium members only.

The historical data trend for Verify Smart'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.

Verify Smart Days Payable Chart

Verify Smart Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9,490.00 0.00 0.00 0.00

Verify Smart Semi-Annual Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 9,490.00 0.00 0.00 0.00

VSMR vs MNDO, BMR, CRMZ: Days Payable Comparison

For the Software - Application subindustry, Verify Smart'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.

Verify Smart Days Payable vs Software Industry

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

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


Verify Smart 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.

Verify Smart's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.808 + 1.554) / 2 ) / 0*365
=1.181 / 0*365
=N/A

Verify Smart's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.808 + 1.554) / 2 ) / 0*365 / 2
=1.181 / 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?
Verify Smart (VSMR) has a Days Payable of 0.00 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Verify Smart and its competitors.
Is Verify Smart's Days Payable too high?
Verify Smart's current Days Payable is 0.00.
How does Verify Smart's Days Payable compare to MNDO and BMR?
Verify Smart's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 51.72. 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 51.72, based on 2,611 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 Verify Smart and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verify Smart'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 Verify Smart stock overvalued right now?
Verify Smart (VSMR) 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 Verify Smart (VSMR), the current Days Payable is 0.00 as of Jun. 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.

Verify Smart Business Description

Address 40 Hillside Avenue, Mahwah, NJ, USA, 07430
Verify Smart Corp is engaged in the business of developing and selling internet security software for credit card fraud prevention. The Company was originally formed to engage in the acquisition, exploration and development of natural resource properties.