APPlife Digital Solutions (APPlife Digital Solutions) Days Payable : 4,041.07 (As of Mar. 2024)

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What is APPlife Digital Solutions Days Payable?

APPlife Digital Solutions's average Accounts Payable for the three months ended in Mar. 2024 was $0.31 Mil. APPlife Digital Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. Hence, APPlife Digital Solutions's Days Payable for the three months ended in Mar. 2024 was 4,041.07.

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

ALDS' s Days Payable Range Over the Past 10 Years
Min: 992.34 Med: 9940.99 Max: 18067.5
Current: 2386.88

During the past 6 years, APPlife Digital Solutions's highest Days Payable was 18067.50. The lowest was 992.34. And the median was 9940.99.

ALDS's Days Payable is ranked better than
97.47% of 2531 companies
in the Software industry
Industry Median: 50.13 vs ALDS: 2386.88

APPlife Digital Solutions's Days Payable increased from Mar. 2023 (968.26) to Mar. 2024 (4,041.07). It may suggest that APPlife Digital Solutions delayed paying its suppliers.

APPlife Digital Solutions Days Payable Historical Data

The historical data trend for APPlife Digital Solutions'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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APPlife Digital Solutions Days Payable Chart

APPlife Digital Solutions Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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18,067.50

17,291.88

2,590.10

992.34

APPlife Digital Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															968.26	926.54	8,052.81	2,028.24	4,041.07

Competitive Comparison of APPlife Digital Solutions's Days Payable

For the Software - Application subindustry, APPlife Digital Solutions'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.

APPlife Digital Solutions's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where APPlife Digital Solutions's Days Payable falls into.

APPlife Digital Solutions 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.

APPlife Digital Solutions's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.103	+	0.158)	/	2 )	/	0.048	*	365
=	0.1305					/	0.048	*	365
=	992.34

APPlife Digital Solutions's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.294	+	0.326)	/	2 )	/	0.007	*	365 / 4
=	0.31					/	0.007	*	365 / 4
=	4,041.07

APPlife Digital Solutions Days Payable Related Terms

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APPlife Digital Solutions (APPlife Digital Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » APPlife Digital Solutions Inc (OTCPK:ALDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 California Street, Suite 1500, San Francisco, CA, USA, 94111

Website

https://www.applifedigital.com

APPlife Digital Solutions Inc is involved in using digital technology to create APPs and websites. The projects of the company include apps namely B2BCHX, DRINX, OFFICEHOP, and ROOSTER. It uses digital technology to create and invest in e-commerce and cloud-based solutions.