SinglePoint (SinglePoint) Days Payable : 79.81 (As of Sep. 2023)

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What is SinglePoint Days Payable?

SinglePoint's average Accounts Payable for the three months ended in Sep. 2023 was $4.24 Mil. SinglePoint's Cost of Goods Sold for the three months ended in Sep. 2023 was $4.85 Mil. Hence, SinglePoint's Days Payable for the three months ended in Sep. 2023 was 79.81.

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

SING' s Days Payable Range Over the Past 10 Years
Min: 24.43 Med: 59.41 Max: 135.3
Current: 77.19

During the past 8 years, SinglePoint's highest Days Payable was 135.30. The lowest was 24.43. And the median was 59.41.

SING's Days Payable is ranked better than
69.5% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs SING: 77.19

SinglePoint's Days Payable declined from Sep. 2022 (101.27) to Sep. 2023 (79.81). It may suggest that SinglePoint accelerated paying its suppliers.

SinglePoint Days Payable Historical Data

The historical data trend for SinglePoint'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.

SinglePoint Days Payable Chart

SinglePoint Annual Data

Trend

Oct08

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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59.46

24.43

34.20

118.12

59.36

SinglePoint Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															101.27	68.13	96.69	66.90	79.81

Competitive Comparison of SinglePoint's Days Payable

For the Solar subindustry, SinglePoint'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.

SinglePoint's Days Payable Distribution in the Semiconductors Industry

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

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

SinglePoint 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.

SinglePoint's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.232	+	4.797)	/	2 )	/	15.461	*	365
=	2.5145					/	15.461	*	365
=	59.36

SinglePoint's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.17	+	4.31)	/	2 )	/	4.848	*	365 / 4
=	4.24					/	4.848	*	365 / 4
=	79.81

SinglePoint Days Payable Related Terms

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SinglePoint (SinglePoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SinglePoint Inc (BATS:SING) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016

Website

https://www.singlepoint.com

SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. It is committed to building the largest vertically integrated network for the marketing and installation of solar panels in the residential and commercial markets. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector addressing the need for air purification in schools and offices. SinglePoint is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service and additional energy-efficient appliances that enhance sustainability.