VXIT (VirExit Technologies) Days Payable: 0.00 (As of May. 2019)


What is VirExit Technologies Days Payable?

VirExit Technologies VXIT Days Payable is 0.00 as of May. 2019.

VirExit Technologies's average Accounts Payable for the three months ended in May. 2019 was $0.04 Mil. VirExit Technologies's Cost of Goods Sold for the three months ended in May. 2019 was $0.00 Mil.

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

VXIT's Days Payable is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 79.9
* Ranked among companies with meaningful Days Payable only.

VirExit Technologies's Days Payable stayed the same from May. 2018 (0.00) to May. 2019 (0.00). stayed the same

VirExit Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for VirExit 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.

VirExit Technologies Days Payable Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Days Payable
0.00 0.00 233.39 2,119.81 0.00

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.00 0.00 0.00 0.00 0.00

VXIT vs RIHT, GEQU, NNUP: Days Payable Comparison

For the Utilities - Renewable subindustry, VirExit 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.

VirExit Technologies Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, VirExit Technologies's Days Payable distribution charts can be found below:

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


VirExit 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.

VirExit Technologies's Days Payable for the fiscal year that ended in Aug. 2018 is calculated as

Days Payable (A: Aug. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2017 ) + Accounts Payable (A: Aug. 2018 )) / count ) / Cost of Goods Sold (A: Aug. 2018 )*Days in Period
=( (0.07 + 0.054) / 2 ) / 0*365
=0.062 / 0*365
=N/A

VirExit Technologies's Days Payable for the quarter that ended in May. 2019 is calculated as:

Days Payable (Q: May. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2019 ) + Accounts Payable (Q: May. 2019 )) / count ) / Cost of Goods Sold (Q: May. 2019 )*Days in Period
=( (0.048 + 0.038) / 2 ) / 0*365 / 4
=0.043 / 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
VirExit Technologies (VXIT) has a Days Payable of 0.00 as of May. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on VirExit Technologies and its competitors.
Is VirExit Technologies' Days Payable too high?
VirExit Technologies' current Days Payable is 0.00.
How does VirExit Technologies' Days Payable compare to RIHT and GEQU?
VirExit Technologies' Days Payable of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Days Payable is 79.90. 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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 VirExit Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirExit Technologies'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 VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) 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 VirExit Technologies (VXIT), the current Days Payable is 0.00 as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.