GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Parkside Products Inc (TSXV:IPD) » Definitions » Days Payable

International Parkside Products (TSXV:IPD) Days Payable : 110.14 (As of Jan. 2024)


View and export this data going back to 1983. Start your Free Trial

What is International Parkside Products Days Payable?

International Parkside Products's average Accounts Payable for the three months ended in Jan. 2024 was C$1.01 Mil. International Parkside Products's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.84 Mil. Hence, International Parkside Products's Days Payable for the three months ended in Jan. 2024 was 110.14.

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

TSXV:IPD' s Days Payable Range Over the Past 10 Years
Min: 25   Med: 50.17   Max: 99.63
Current: 99.63

During the past 13 years, International Parkside Products's highest Days Payable was 99.63. The lowest was 25.00. And the median was 50.17.

TSXV:IPD's Days Payable is ranked better than
75.2% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs TSXV:IPD: 99.63

International Parkside Products's Days Payable declined from Jan. 2023 (180.51) to Jan. 2024 (110.14). It may suggest that International Parkside Products accelerated paying its suppliers.


International Parkside Products Days Payable Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products Days Payable Chart

International Parkside Products Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.63 82.46 47.64 37.31 58.89

International Parkside Products Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 180.51 93.90 106.17 88.04 110.14

Competitive Comparison of International Parkside Products's Days Payable

For the Specialty Chemicals subindustry, International Parkside Products'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.


International Parkside Products's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's Days Payable distribution charts can be found below:

* The bar in red indicates where International Parkside Products's Days Payable falls into.



International Parkside Products 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.

International Parkside Products's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0.335 + 0.371) / 2 ) / 2.188*365
=0.353 / 2.188*365
=58.89

International Parkside Products's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (1.082 + 0.941) / 2 ) / 0.838*365 / 4
=1.0115 / 0.838*365 / 4
=110.14

* 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.


International Parkside Products Days Payable Related Terms

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


International Parkside Products (TSXV:IPD) Business Description

Traded in Other Exchanges
N/A
Address
304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1
International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.
Executives
Murray Keating 10% Security Holder

International Parkside Products (TSXV:IPD) Headlines

No Headlines