WaveDancer (WaveDancer) Days Payable : 33.43 (As of Dec. 2023)

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What is WaveDancer Days Payable?

WaveDancer's average Accounts Payable for the three months ended in Dec. 2023 was $0.45 Mil. WaveDancer's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.23 Mil. Hence, WaveDancer's Days Payable for the three months ended in Dec. 2023 was 33.43.

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

WAVD' s Days Payable Range Over the Past 10 Years
Min: 1.96 Med: 5.01 Max: 38.45
Current: 38.45

During the past 13 years, WaveDancer's highest Days Payable was 38.45. The lowest was 1.96. And the median was 5.01.

WAVD's Days Payable is ranked worse than
58.09% of 2529 companies
in the Software industry
Industry Median: 50.36 vs WAVD: 38.45

WaveDancer's Days Payable increased from Dec. 2022 (25.29) to Dec. 2023 (33.43). It may suggest that WaveDancer delayed paying its suppliers.

WaveDancer Days Payable Historical Data

The historical data trend for WaveDancer'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.

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WaveDancer Days Payable Chart

WaveDancer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.02

4.99

12.05

27.38

33.22

WaveDancer 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															25.29	33.03	46.80	46.28	33.43

Competitive Comparison of WaveDancer's Days Payable

For the Information Technology Services subindustry, WaveDancer'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.

WaveDancer's Days Payable Distribution in the Software Industry

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

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

WaveDancer 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.

WaveDancer'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
=	( (0.574	+	0.403)	/	2 )	/	5.368	*	365
=	0.4885					/	5.368	*	365
=	33.22

WaveDancer'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
=	( (0.496	+	0.403)	/	2 )	/	1.227	*	365 / 4
=	0.4495					/	1.227	*	365 / 4
=	33.43

WaveDancer Days Payable Related Terms

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WaveDancer (WaveDancer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WaveDancer Inc (NAS:WAVD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12015 Lee Jackson Memorial Highway, Suite 210, Fairfax, VA, USA, 22033

Website

https://www.wavedancer.com

WaveDancer Inc, formerly Information Analysis Inc is in the business of developing and maintaining information technology systems, modernizing client information systems, and performing professional services to government and commercial organizations. The company has two operating segments: the Tellenger segment provides professional services to government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics, and The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology.

Executives

Benoit Gerald James Jr	director, officer: CEO	%INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY, STE 210, FAIRFAX VA 22033
Linda L Singh	director	3301 BOSTON STREET, BALTIMORE MD 21224
Paul B Becker	director	C/O INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY STE 210, FAIRFAX VA 22033
Timothy G Hannon	officer: CFO	% INFORMATION ANALYSIS INC, STE 210, FAIRFAX VA 22033
Dipaula James C Jr	director	C/O INFORMATION ANALYSIS INCORPORATED, STE 210, FAIRFAX VA 22033
Donald J Tringali	director	C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Johnson Jack L Jr	director	C/O INFORATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Sandor Rosenberg	director, 10 percent owner, officer: Chief Executive Officer	11240 WAPLES MILL ROAD, SUITE 400, FAIRFAX VA 22030
Matthew T Sands	officer: Acting Principal Financial Off	C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
Bonnie K Wachtel	director	1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Stanley Arthur Reese	officer: Chief Operating Officer
Mark T Krial	director	C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
William Henry Pickle	director	C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD, STE 201, FAIRFAX VA 22030
Richard S Derose	officer: Chief Financial Officer