CFN Enterprises (CFN Enterprises) Days Payable : 159.60 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is CFN Enterprises Days Payable?

CFN Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was $2.75 Mil. CFN Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.57 Mil. Hence, CFN Enterprises's Days Payable for the three months ended in Dec. 2023 was 159.60.

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

CNFN' s Days Payable Range Over the Past 10 Years
Min: 122.05 Med: 196.52 Max: 324.61
Current: 301.85

During the past 13 years, CFN Enterprises's highest Days Payable was 324.61. The lowest was 122.05. And the median was 196.52.

CNFN's Days Payable is ranked better than
84.23% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs CNFN: 301.85

CFN Enterprises's Days Payable declined from Dec. 2022 (278.41) to Dec. 2023 (159.60). It may suggest that CFN Enterprises accelerated paying its suppliers.

CFN Enterprises Days Payable Historical Data

The historical data trend for CFN Enterprises'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.

* Premium members only.

CFN Enterprises Days Payable Chart

CFN Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

269.66

123.37

122.05

324.61

CFN Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															278.41	1,212.17	4,500.37	178.82	159.60

Competitive Comparison of CFN Enterprises's Days Payable

For the Advertising Agencies subindustry, CFN Enterprises'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.

CFN Enterprises's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CFN Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where CFN Enterprises's Days Payable falls into.

CFN Enterprises 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.

CFN Enterprises's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.358	+	3.019)	/	2 )	/	3.023	*	365
=	2.6885					/	3.023	*	365
=	324.61

CFN Enterprises's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.487	+	3.019)	/	2 )	/	1.574	*	365 / 4
=	2.753					/	1.574	*	365 / 4
=	159.60

CFN Enterprises Days Payable Related Terms

Thank you for viewing the detailed overview of CFN Enterprises's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CFN Enterprises (CFN Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CFN Enterprises Inc (OTCPK:CNFN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 E.8th Street, Whitefish, MT, USA, 59937

Website

https://www.cfnenterprisesinc.com

CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.

Executives

Anness Ziadeh	officer: Chief Sales/Marketing Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi	10 percent owner, officer: Chief Strategy Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park	10 percent owner, officer: Chief Operating Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross	director, officer: President & CEO	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli	10 percent owner	600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane	officer: President of CFN Media	2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton	10 percent owner	143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais	officer: Sr. VP, Product Development	C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein	officer: General Counsel	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937