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Duo World (Duo World) Days Payable : 3,638.59 (As of Sep. 2023)


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What is Duo World Days Payable?

Duo World's average Accounts Payable for the three months ended in Sep. 2023 was $0.32 Mil. Duo World's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Duo World's Days Payable for the three months ended in Sep. 2023 was 3,638.59.

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

DUUO' s Days Payable Range Over the Past 10 Years
Min: 362.36   Med: 608.42   Max: 5162.14
Current: 5162.14

During the past 8 years, Duo World's highest Days Payable was 5162.14. The lowest was 362.36. And the median was 608.42.

DUUO's Days Payable is ranked better than
98.74% of 2534 companies
in the Software industry
Industry Median: 50.345 vs DUUO: 5162.14

Duo World's Days Payable increased from Sep. 2022 (2,956.50) to Sep. 2023 (3,638.59). It may suggest that Duo World delayed paying its suppliers.

Duo World Days Payable Historical Data

The historical data trend for Duo World'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.

Duo World Days Payable Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 646.29 730.00 570.55 1,383.96 3,552.67

Duo World 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,956.50 4,927.50 4,501.67 14,189.38 3,638.59

Competitive Comparison of Duo World's Days Payable

For the Software - Application subindustry, Duo World'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.

Duo World's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Duo World's Days Payable distribution charts can be found below:

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


Duo World 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.

Duo World's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.277 + 0.307) / 2 ) / 0.03*365
=0.292 / 0.03*365
=3,552.67

Duo World'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
=( (0.315 + 0.323) / 2 ) / 0.008*365 / 4
=0.319 / 0.008*365 / 4
=3,638.59

* 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.

Duo World Days Payable Related Terms

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Duo World (Duo World) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Duo World Inc (OTCPK:DUUO) » Definitions » Days Payable
Comparable Companies
VRTC KSPN LAAB TTCM ISGN ABQQ TWOHD IGEN XNDA CTKYY CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Website
https://www.duoworld.com
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Duo Subscribe, Duo Contact, DigIn, FaceTone, CloudCharge, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.
Executives
Muhunthan Canagasooryam director, 10 percent owner, officer: President, CEO LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Mahmud Riad Ameen director, officer: Legal Director LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Perera Suzannah Jennifer Samuel director, officer: Chief Financial Officer LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300