Victory Square Technologies (XCNQ:VST) Days Payable : 84.42 (As of Dec. 2023)

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What is Victory Square Technologies Days Payable?

Victory Square Technologies's average Accounts Payable for the three months ended in Dec. 2023 was C$1.66 Mil. Victory Square Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1.79 Mil. Hence, Victory Square Technologies's Days Payable for the three months ended in Dec. 2023 was 84.42.

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

XCNQ:VST' s Days Payable Range Over the Past 10 Years
Min: 70.29 Med: 101.27 Max: 233.75
Current: 97.71

During the past 9 years, Victory Square Technologies's highest Days Payable was 233.75. The lowest was 70.29. And the median was 101.27.

XCNQ:VST's Days Payable is ranked better than
56.96% of 467 companies
in the Asset Management industry
Industry Median: 74.53 vs XCNQ:VST: 97.71

Victory Square Technologies's Days Payable declined from Sep. 2022 (138.03) to Dec. 2023 (84.42). It may suggest that Victory Square Technologies accelerated paying its suppliers.

Victory Square Technologies Days Payable Historical Data

The historical data trend for Victory Square Technologies'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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Victory Square Technologies Days Payable Chart

Victory Square Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.29

164.08

233.75

79.81

71.05

Victory Square Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															138.03	88.92	67.51	69.54	84.42

Competitive Comparison of Victory Square Technologies's Days Payable

For the Asset Management subindustry, Victory Square Technologies'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.

Victory Square Technologies's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Victory Square Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Victory Square Technologies's Days Payable falls into.

Victory Square Technologies 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.

Victory Square Technologies'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
=	( (0.784	+	1.772)	/	2 )	/	6.565	*	365
=	1.278					/	6.565	*	365
=	71.05

Victory Square Technologies'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
=	( (1.54	+	1.772)	/	2 )	/	1.79	*	365 / 4
=	1.656					/	1.79	*	365 / 4
=	84.42

Victory Square Technologies Days Payable Related Terms

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Victory Square Technologies (XCNQ:VST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Square Technologies Inc (XCNQ:VST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VSQTF:USA 6F6:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.victorysquare.com

Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.

Executives

Shafin Diamond Tejani

Director, Director or Senior Officer of 10% Security Holder, Senior Officer