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AIQ (LSE:AIQ) Days Payable : 14.14 (As of Oct. 2023)


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What is AIQ Days Payable?

AIQ's average Accounts Payable for the six months ended in Oct. 2023 was £0.01 Mil. AIQ's Cost of Goods Sold for the six months ended in Oct. 2023 was £0.07 Mil. Hence, AIQ's Days Payable for the six months ended in Oct. 2023 was 14.14.

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

LSE:AIQ' s Days Payable Range Over the Past 10 Years
Min: 1.03   Med: 61.72   Max: 392.88
Current: 27.5

During the past 6 years, AIQ's highest Days Payable was 392.88. The lowest was 1.03. And the median was 61.72.

LSE:AIQ's Days Payable is ranked worse than
69.82% of 2528 companies
in the Software industry
Industry Median: 50.545 vs LSE:AIQ: 27.50

AIQ's Days Payable increased from Oct. 2022 (13.27) to Oct. 2023 (14.14). It may suggest that AIQ delayed paying its suppliers.

AIQ Days Payable Historical Data

The historical data trend for AIQ'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.

AIQ Days Payable Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial - 392.88 113.43 1.03 10.00

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 319.38 3.34 13.27 821.25 14.14

Competitive Comparison of AIQ's Days Payable

For the Software - Application subindustry, AIQ'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.

AIQ's Days Payable Distribution in the Software Industry

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

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


AIQ 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.

AIQ's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0 + 0.002) / 1 ) / 0.073*365
=0.002 / 0.073*365
=10.00

AIQ's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0.009 + 0.002) / 2 ) / 0.071*365 / 2
=0.0055 / 0.071*365 / 2
=14.14

* 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.

AIQ Days Payable Related Terms

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

AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Days Payable
Comparable Companies
LSE:MBT LSE:ACRM LSE:LOOP LSE:ITIM LSE:ENET LSE:DSG LSE:RDT LSE:CRDL LSE:OBC AQSE:CXS CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.