Hello Pal International (XCNQ:HP) Days Payable : 4.23 (As of Feb. 2023)

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What is Hello Pal International Days Payable?

Hello Pal International's average Accounts Payable for the three months ended in Feb. 2023 was C$0.24 Mil. Hello Pal International's Cost of Goods Sold for the three months ended in Feb. 2023 was C$5.18 Mil. Hence, Hello Pal International's Days Payable for the three months ended in Feb. 2023 was 4.23.

The historical rank and industry rank for Hello Pal International's Days Payable or its related term are showing as below:

XCNQ:HP's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.545
* Ranked among companies with meaningful Days Payable only.

Hello Pal International's Days Payable declined from Nov. 2021 (14.83) to Feb. 2023 (4.23). It may suggest that Hello Pal International accelerated paying its suppliers.

Hello Pal International Days Payable Historical Data

The historical data trend for Hello Pal International'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.

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Hello Pal International Days Payable Chart

Hello Pal International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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197.82

10.45

2.61

3.65

Hello Pal International Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Nov22	Feb23
Days Payable	Get a 7-Day Free Trial															14.83	1.60	4.40	6.43	4.23

Competitive Comparison of Hello Pal International's Days Payable

For the Software - Application subindustry, Hello Pal International'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.

Hello Pal International's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Hello Pal International's Days Payable distribution charts can be found below:

* The bar in red indicates where Hello Pal International's Days Payable falls into.

Hello Pal International 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.

Hello Pal International's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.178	+	0.25)	/	2 )	/	21.386	*	365
=	0.214					/	21.386	*	365
=	3.65

Hello Pal International's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

	Days Payable (Q: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2022 )	+	Accounts Payable (Q: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2023 )	*	Days in Period
=	( (0.231	+	0.25)	/	2 )	/	5.182	*	365 / 4
=	0.2405					/	5.182	*	365 / 4
=	4.23

Hello Pal International Days Payable Related Terms

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Hello Pal International (XCNQ:HP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hello Pal International Inc (XCNQ:HP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HLLPF:USA

Address

200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1

Website

https://www.hellopal.com

Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.