WFTSF (Wavefront Technology Solutions) Days Payable: 0.00 (As of May. 2022)


WFTSF Wavefront Technology Solutions Inc WFTSF
12 GF Score
Price $0.00
View Full Analysis

What is Wavefront Technology Solutions Days Payable?

Wavefront Technology Solutions WFTSF -99.00% 12 Days Payable is 0.00 as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Wavefront Technology Solutions's average Accounts Payable for the three months ended in May. 2022 was $0.00 Mil. Wavefront Technology Solutions's Cost of Goods Sold for the three months ended in May. 2022 was $0.07 Mil. Hence, Wavefront Technology Solutions's Days Payable for the three months ended in May. 2022 was 0.00.

The historical rank and industry rank for Wavefront Technology Solutions's Days Payable or its related term are showing as below:

WFTSF's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Wavefront Technology Solutions's Days Payable stayed the same from May. 2021 (0.00) to May. 2022 (0.00). stayed the same

Wavefront Technology Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Days Payable Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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

WFTSF vs VYEY, ENSV, GWTI: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's Days Payable falls into.


WFTSF
12GF Score
Wavefront Technology Solutions Inc WFTSF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Days Payable for the fiscal year that ended in Aug. 2021 is calculated as

Days Payable (A: Aug. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2020 ) + Accounts Payable (A: Aug. 2021 )) / count ) / Cost of Goods Sold (A: Aug. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0.06*365
=0 / 0.06*365
=0.00

Wavefront Technology Solutions's Days Payable for the quarter that ended in May. 2022 is calculated as:

Days Payable (Q: May. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2022 ) + Accounts Payable (Q: May. 2022 )) / count ) / Cost of Goods Sold (Q: May. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.065*365 / 4
=0 / 0.065*365 / 4
=0.00

* 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?
Wavefront Technology Solutions (WFTSF) has a Days Payable of 0.00 as of May. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Days Payable too high?
Wavefront Technology Solutions' current Days Payable is 0.00. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Days Payable compare to VYEY and ENSV?
Wavefront Technology Solutions' Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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 Wavefront Technology Solutions and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavefront Technology Solutions'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 Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Wavefront Technology Solutions' 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 Wavefront Technology Solutions (WFTSF), the current Days Payable is 0.00 as of May. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
12GF Score

Get the complete analysis for WFTSF

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

$0.00
Price