Iveda Solutions (Iveda Solutions) Days Payable : 381.59 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Iveda Solutions Days Payable?

Iveda Solutions's average Accounts Payable for the three months ended in Mar. 2024 was $0.69 Mil. Iveda Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.17 Mil. Hence, Iveda Solutions's Days Payable for the three months ended in Mar. 2024 was 381.59.

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

IVDA' s Days Payable Range Over the Past 10 Years
Min: 22.03 Med: 103.96 Max: 852.28
Current: 71.32

During the past 12 years, Iveda Solutions's highest Days Payable was 852.28. The lowest was 22.03. And the median was 103.96.

IVDA's Days Payable is ranked better than
64.5% of 924 companies
in the Business Services industry
Industry Median: 47.92 vs IVDA: 71.32

Iveda Solutions's Days Payable increased from Mar. 2023 (22.25) to Mar. 2024 (381.59). It may suggest that Iveda Solutions delayed paying its suppliers.

Iveda Solutions Days Payable Historical Data

The historical data trend for Iveda 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.

* Premium members only.

Iveda Solutions Days Payable Chart

Iveda Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

202.74

852.28

541.28

22.03

49.42

Iveda Solutions Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															22.25	41.93	120.34	82.84	381.59

Competitive Comparison of Iveda Solutions's Days Payable

For the Security & Protection Services subindustry, Iveda 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.

Iveda Solutions's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Days Payable distribution charts can be found below:

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

Iveda 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.

Iveda Solutions'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
=	( (0.36	+	1.11)	/	2 )	/	5.428	*	365
=	0.735					/	5.428	*	365
=	49.42

Iveda 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
=	( (1.11	+	0.27)	/	2 )	/	0.165	*	365 / 4
=	0.69					/	0.165	*	365 / 4
=	381.59

Iveda Solutions Days Payable Related Terms

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

Iveda Solutions (Iveda Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Iveda Solutions Inc (NAS:IVDA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204

Website

https://www.iveda.com

Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).

Executives

Joe Farnsworth	director	460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung	officer: President	7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc	director	7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon	officer: CFO/Exec. V.P.	1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling	officer: CFO/Treasurer	1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg	officer: Chief Operating Officer & CMO	1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen	director	1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco	director	1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson	officer: SVP of Global Sales & Support	1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis	officer: Controller	1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly	director, 10 percent owner, officer: President and CEO	1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo	officer: See remarks	210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh	10 percent owner	117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach	officer: Chief Financial Officer	C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar	director	1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210