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Telescope Innovations (XCNQ:TELI) Days Payable : 0.00 (As of Feb. 2024)


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What is Telescope Innovations Days Payable?

Telescope Innovations's average Accounts Payable for the three months ended in Feb. 2024 was C$0.27 Mil. Telescope Innovations's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

XCNQ:TELI' s Days Payable Range Over the Past 10 Years
Min: 132.85   Med: 4813.44   Max: 40089.17
Current: 19691.75

During the past 5 years, Telescope Innovations's highest Days Payable was 40089.17. The lowest was 132.85. And the median was 4813.44.

XCNQ:TELI's Days Payable is ranked better than
96.4% of 723 companies
in the Biotechnology industry
Industry Median: 149.7 vs XCNQ:TELI: 19691.75

Telescope Innovations's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00). stayed the same


Telescope Innovations Days Payable Historical Data

The historical data trend for Telescope Innovations'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.

Telescope Innovations Days Payable Chart

Telescope Innovations Annual Data
Trend Dec19 Dec20 Aug21 Aug22 Aug23
Days Payable
- - 4,813.44 132.85 40,089.17

Telescope Innovations Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 3,285.00 - -

Competitive Comparison of Telescope Innovations's Days Payable

For the Biotechnology subindustry, Telescope Innovations'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.


Telescope Innovations's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Telescope Innovations's Days Payable distribution charts can be found below:

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



Telescope Innovations 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.

Telescope Innovations's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0.48 + 0.179) / 2 ) / 0.0029999999999997*365
=0.3295 / 0.0029999999999997*365
=40,089.17

Telescope Innovations's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.192 + 0.344) / 2 ) / 0*365 / 4
=0.268 / 0*365 / 4
=N/A

* 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.


Telescope Innovations Days Payable Related Terms

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Telescope Innovations (XCNQ:TELI) Business Description

Traded in Other Exchanges
Address
301 – 2386 East Mall, Vancouver, BC, CAN, V6T 1Z3
Telescope Innovations Corp is a technology company that intends to focus on development as a Contract Research Organization (CRO) to develop intellectual property, contract research, and building automation products. The Company has one operating segment that generates revenues from two revenue streams, contract research services and sale of automation products.
Executives
Alidad Pejman Director

Telescope Innovations (XCNQ:TELI) Headlines

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