GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SPO Global Inc (OTCPK:SPOM) » Definitions » Days Payable

SPO Global (SPO Global) Days Payable : 6.77 (As of Sep. 2023)


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

What is SPO Global Days Payable?

SPO Global's average Accounts Payable for the three months ended in Sep. 2023 was $0.23 Mil. SPO Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $3.13 Mil. Hence, SPO Global's Days Payable for the three months ended in Sep. 2023 was 6.77.

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

SPOM' s Days Payable Range Over the Past 10 Years
Min: 7.55   Med: 111.55   Max: 4983.65
Current: 27.07

During the past 13 years, SPO Global's highest Days Payable was 4983.65. The lowest was 7.55. And the median was 111.55.

SPOM's Days Payable is ranked worse than
84.26% of 470 companies
in the Conglomerates industry
Industry Median: 59.305 vs SPOM: 27.07

SPO Global's Days Payable increased from Dec. 2016 (0.00) to Sep. 2023 (6.77). It may suggest that SPO Global delayed paying its suppliers.


SPO Global Days Payable Historical Data

The historical data trend for SPO Global'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.

SPO Global Days Payable Chart

SPO Global Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.55 19.09 918.79 4,983.65 -

SPO Global Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep22 Sep23
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 - - - - 6.77

Competitive Comparison of SPO Global's Days Payable

For the Conglomerates subindustry, SPO Global'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.


SPO Global's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SPO Global's Days Payable distribution charts can be found below:

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



SPO Global 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.

SPO Global's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.247 + 0.282) / 2 ) / 0*365
=0.2645 / 0*365
=N/A

SPO Global's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.232) / 1 ) / 3.128*365 / 4
=0.232 / 3.128*365 / 4
=6.77

* 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.


SPO Global Days Payable Related Terms

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


SPO Global (SPO Global) Business Description

Traded in Other Exchanges
N/A
Address
Jinan Pharma Valley, 27th Floor Block A J, Shandong, CHN, 33634
SPO Global Inc is a holding company whose strategic plan is to acquire interests in emerging young businesses and provide financing, advice and guidance to assist them in realizing their potential. The Company is implementing an acquisition roll-up model of acquiring sales, marketing, and manufacturing businesses. The business scope of the company includes bio-pharmaceutical Research and development, development and sales of medical informatization software, medical high-tech introduction, production and sales of medical quality supplies, dietary supplements, and medicine, as well as agents and sales of medical equipment supplies.
Executives
Jeffrey Louis Feuer officer: Chief Financial Officer 21860 BURBANK BLVD SUITE 380, WOODLAND HILLS CA 91367
Richard H Ryan officer: Chief Operating Officer 21860 BURBANK BLVD., NORTH BUILDING SUITE 380, WOODLAND HILLS CA 91367
Michael Braunold director, officer: Chief Executive Officer C/O AUBIENT CORP, 1033 BECON ST, BROOKLINE MA 02446
Sidney Braun director SUITE 404, 6711 MISSISSAUGA ROAD, MISSISSAUGA A6 L5N 2W3
Pauline Dorfman director 183 REINER ROAD, TORONTO A6 M3H 2L8
Israel Sarussi 10 percent owner, officer: Chief Technology Officer C/O SPO, SUITE 380, 21860 BURBANK BLVD., WOODLAND HILLS CA 91367