BlockQuarry (BlockQuarry) Days Payable : 15.75 (As of Dec. 2022)

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What is BlockQuarry Days Payable?

BlockQuarry's average Accounts Payable for the six months ended in Dec. 2022 was $0.47 Mil. BlockQuarry's Cost of Goods Sold for the six months ended in Dec. 2022 was $10.92 Mil. Hence, BlockQuarry's Days Payable for the six months ended in Dec. 2022 was 7.87.

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

BLQC' s Days Payable Range Over the Past 10 Years
Min: 13.73 Med: 162.34 Max: 1752
Current: 15.75

During the past 7 years, BlockQuarry's highest Days Payable was 1752.00. The lowest was 13.73. And the median was 162.34.

BLQC's Days Payable is ranked worse than
79.81% of 525 companies
in the Capital Markets industry
Industry Median: 104.06 vs BLQC: 15.75

BlockQuarry's Days Payable declined from Dec. 2018 (1,752.00) to Dec. 2022 (15.75). It may suggest that BlockQuarry accelerated paying its suppliers.

BlockQuarry Days Payable Historical Data

The historical data trend for BlockQuarry'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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BlockQuarry Days Payable Chart

BlockQuarry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Days Payable

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113.60

211.08

1,752.00

13.73

15.75

BlockQuarry Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial			113.60	211.08	1,752.00	13.73	15.75

Competitive Comparison of BlockQuarry's Days Payable

For the Capital Markets subindustry, BlockQuarry'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.

BlockQuarry's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BlockQuarry's Days Payable distribution charts can be found below:

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

BlockQuarry 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.

BlockQuarry'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
=	( (0.056	+	0.886)	/	2 )	/	10.916	*	365
=	0.471					/	10.916	*	365
=	15.75

BlockQuarry's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.056	+	0.886)	/	2 )	/	10.916	*	365 / 2
=	0.471					/	10.916	*	365 / 2
=	7.87

BlockQuarry Days Payable Related Terms

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BlockQuarry (BlockQuarry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BlockQuarry Corp (OTCPK:BLQC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Louisiana Street, Suite 3950, Houston, TX, USA, 77002

Website

https://www.blockquarry.io

BlockQuarry Corp operates in the cryptocurrency mining industry. The cryptocurrency mining and mining equipment segment is focused on capitalizing on the Bitcoin ecosystem and its surrounding associated growth opportunities through proof-of-work mining. It also produced and sold premium liquor beverages and sold cannabinoid products.