WAYS (Wave Sync) Days Payable: 109.06 (As of Mar. 2022)


WAYS Wave Sync Corp WAYS
12 GF Score
Price $4.48
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What is Wave Sync Days Payable?

Wave Sync WAYS 12 Days Payable is 109.06 as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

Wave Sync's average Accounts Payable for the three months ended in Mar. 2022 was $0.27 Mil. Wave Sync's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.23 Mil. Hence, Wave Sync's Days Payable for the three months ended in Mar. 2022 was 109.06.

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

WAYS's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

Wave Sync's Days Payable increased from Mar. 2021 (0.00) to Mar. 2022 (109.06). It may suggest that Wave Sync delayed paying its suppliers.

Wave Sync Days Payable Historical Data

* Premium members only.

The historical data trend for Wave Sync'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.

Wave Sync Days Payable Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56,575.00 1,047.20 0.00 0.00 6,223.25

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1,555.81 109.06

WAYS vs GWII, CNTQ, PNAC: Days Payable Comparison

For the Shell Companies subindustry, Wave Sync'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.

Wave Sync Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Wave Sync's Days Payable distribution charts can be found below:

* The bar in red indicates where Wave Sync's Days Payable falls into.


WAYS
12GF Score
Wave Sync Corp WAYS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wave Sync 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.

Wave Sync's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0.341) / 1 ) / 0.02*365
=0.341 / 0.02*365
=6,223.25

Wave Sync's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (0.341 + 0.204) / 2 ) / 0.228*365 / 4
=0.2725 / 0.228*365 / 4
=109.06

* 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 109.06 mean?
Wave Sync (WAYS) has a Days Payable of 109.06 as of Mar. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wave Sync and its competitors.
Is Wave Sync's Days Payable too high?
Wave Sync's current Days Payable is 109.06. The Diversified Financial Services industry median Days Payable is 71.76. Wave Sync's value of 109.06 is 52% above this industry median. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's Days Payable compare to GWII and CNTQ?
Wave Sync's Days Payable of 109.06 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. Wave Sync's value of 109.06 is 52% above this benchmark. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. Wave Sync's current Days Payable of 109.06 is 52% above the industry median. 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 Wave Sync and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Sync's current Days Payable is 109.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current Days Payable of 109.06. The current Days Payable is 109.06 and 52% above the Diversified Financial Services industry median of 71.76. Wave Sync's overall GF Score™ is 12/100. 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 Wave Sync (WAYS), the current Days Payable is 109.06 as of Mar. 2022. 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.

Wave Sync Business Description

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Wave Sync Corp is a shell company.
12GF Score

Get the complete analysis for WAYS

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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