SWMBRD Sports (XCNQ:SWIM) Days Payable: 14,006.88 (As of Nov. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is SWMBRD Sports Days Payable?

SWMBRD Sports XCNQ:SWIM Days Payable is 14,006.88 as of Nov. 2023.

SWMBRD Sports's average Accounts Payable for the three months ended in Nov. 2023 was C$0.61 Mil. SWMBRD Sports's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil. Hence, SWMBRD Sports's Days Payable for the three months ended in Nov. 2023 was 14,006.88.

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

XCNQ:SWIM's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.37
* Ranked among companies with meaningful Days Payable only.

SWMBRD Sports's Days Payable increased from Nov. 2022 (0.00) to Nov. 2023 (14,006.88). It may suggest that SWMBRD Sports delayed paying its suppliers.

SWMBRD Sports Days Payable Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Days Payable Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Days Payable
0.00 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 19,010.42 14,006.88

XCNQ:SWIM vs MAT, HAS, PLNT: Days Payable Comparison

For the Leisure subindustry, SWMBRD Sports'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.

SWMBRD Sports Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SWMBRD Sports's Days Payable distribution charts can be found below:

* The bar in red indicates where SWMBRD Sports's Days Payable falls into.


SWMBRD Sports 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.

SWMBRD Sports'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 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

SWMBRD Sports's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0.625 + 0.603) / 2 ) / 0.004*365 / 4
=0.614 / 0.004*365 / 4
=14,006.88

* 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 14,006.88 mean?
SWMBRD Sports (XCNQ:SWIM) has a Days Payable of 14,006.88 as of Nov. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SWMBRD Sports and its competitors.
Is SWMBRD Sports' Days Payable too high?
SWMBRD Sports' current Days Payable is 14,006.88. The Travel & Leisure industry median Days Payable is 56.37. SWMBRD Sports' value of 14,006.88 is 24748.1% above this industry median.
How does SWMBRD Sports' Days Payable compare to MAT and HAS?
SWMBRD Sports' Days Payable of 14,006.88 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.37. SWMBRD Sports' value of 14,006.88 is 24748.1% 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 779 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. SWMBRD Sports's current Days Payable of 14,006.88 is 24748.1% 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 SWMBRD Sports and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SWMBRD Sports's current Days Payable is 14,006.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Days Payable of 14,006.88. The current Days Payable is 14,006.88 and 24748.1% above the Travel & Leisure industry median of 56.37. 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 SWMBRD Sports (XCNQ:SWIM), the current Days Payable is 14,006.88 as of Nov. 2023. 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.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.