Plank Ventures (XCNQ:PLNK) Days Payable: 168.21 (As of Apr. 2026) — 19% Below Median

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What is Plank Ventures Days Payable?

Plank Ventures XCNQ:PLNK Days Payable is 168.21 as of Apr. 2026, which is 19% below its 10-year median of 206.54. The stock has 6 warning signs investors should review. Among 2,611 Software companies, Plank Ventures ranks better than 82.19% on this metric.

Plank Ventures's average Accounts Payable for the three months ended in Apr. 2026 was C$0.15 Mil. Plank Ventures's Cost of Goods Sold for the three months ended in Apr. 2026 was C$0.08 Mil. Hence, Plank Ventures's Days Payable for the three months ended in Apr. 2026 was 168.21.

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

XCNQ:PLNK' s Days Payable Range Over the Past 10 Years
Min: 128.94   Med: 206.54   Max: 979.74
Current: 188.63

During the past 6 years, Plank Ventures's highest Days Payable was 979.74. The lowest was 128.94. And the median was 206.54.

XCNQ:PLNK's Days Payable is ranked better than
82.19% of 2611 companies
in the Software industry
Industry Median: 51.93 vs XCNQ:PLNK: 188.63

Plank Ventures's Days Payable declined from Apr. 2025 (327.26) to Apr. 2026 (168.21). It may suggest that Plank Ventures accelerated paying its suppliers.


Plank Ventures Days Payable Historical Data

* Premium members only.

The historical data trend for Plank Ventures'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.

Plank Ventures Days Payable Chart

Plank Ventures Annual Data
Trend Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Payable
Get a 7-Day Free Trial 166.54 248.20 219.07 128.94 194.00

Plank Ventures Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 327.26 242.90 263.01 147.26 168.21

XCNQ:PLNK vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Plank Ventures'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.


Plank Ventures Days Payable vs Software Industry

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

* The bar in red indicates where Plank Ventures's Days Payable falls into.



Plank Ventures 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.

Plank Ventures's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (0.192 + 0.179) / 2 ) / 0.349*365
=0.1855 / 0.349*365
=194.00

Plank Ventures's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (0.13 + 0.176) / 2 ) / 0.083*365 / 4
=0.153 / 0.083*365 / 4
=168.21

* 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 168.21 mean?
Plank Ventures (XCNQ:PLNK) has a Days Payable of 168.21 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Plank Ventures and its competitors. This is 19% below median its historical median of 206.54. Over the past decade, Plank Ventures' Days Payable has ranged from 128.94 to 979.74. According to the industry distribution chart, Plank Ventures ranks #465 out of 2611 companies in the Software industry, placing it in the top 17.8%.
Is Plank Ventures' Days Payable too high?
Plank Ventures' current Days Payable of 168.21 is 19% below median its 10-year median of 206.54. Over the past 10 years, this metric has ranged from a low of 128.94 to a high of 979.74. The Software industry median Days Payable is 51.93. Plank Ventures' value of 168.21 is 223.9% above this industry median. Based on the distribution chart, Plank Ventures ranks #465 out of 2611 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Plank Ventures' Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Plank Ventures ranks #465 out of 2611 companies for Days Payable. This places Plank Ventures in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.93. Plank Ventures' value of 168.21 is 223.9% above this benchmark. Historically, Plank Ventures' own Days Payable has ranged from 128.94 to 979.74 over the past decade. While the company's 10-year median is 206.54 vs. the industry median of 51.93, Plank Ventures has consistently been above the industry average. 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 51.93, 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. Plank Ventures's current Days Payable of 168.21 is 223.9% 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 Plank Ventures and its competitors. For the Software industry, the median Days Payable is 51.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plank Ventures's current Days Payable is 168.21, which is 19% below median its own 10-year median of 206.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plank Ventures stock overvalued right now?
Based on GuruFocus' analysis, Plank Ventures (XCNQ:PLNK) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.05, compared to a current price of C$0.03 — trading 50% below its estimated fair value. The current Days Payable is 168.21, which is 19% below median its 10-year median of 206.54 and 223.9% above the Software industry median of 51.93. 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 Plank Ventures (XCNQ:PLNK), the current Days Payable is 168.21 as of Apr. 2026. 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.

Plank Ventures Business Description

Address 1080 Mainland Street, Suite 204, Vancouver, BC, CAN, V6B 2T4
Plank Ventures Ltd is a public platform for investing in and acquiring internet software companies with high growth potential and capabilities to sell services into the marketplace. The Company invests mainly in business-to-business software as a service in a variety of verticals and in business opportunities in the technology area and SaaS businesses, with a focus on marketing via social media and promotion. Its target investments are early-stage start-ups that have developed a customer and revenue base and are seeking funding for expansion. The Company operates through two operating segments, being investing activities in Canada and online promotions in the United States of America, with the majority of revenue generated from the United States of America.