Infobird Co (Infobird Co) Days Payable : 0.00 (As of Jun. 2023)

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What is Infobird Co Days Payable?

Infobird Co's average Accounts Payable for the six months ended in Jun. 2023 was $3.22 Mil. Infobird Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil.

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

IFBD' s Days Payable Range Over the Past 10 Years
Min: 66.26 Med: 68.26 Max: 400.74
Current: 379.86

During the past 5 years, Infobird Co's highest Days Payable was 400.74. The lowest was 66.26. And the median was 68.26.

IFBD's Days Payable is ranked better than
91.41% of 2526 companies
in the Software industry
Industry Median: 50.42 vs IFBD: 379.86

Infobird Co's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Infobird Co Days Payable Historical Data

The historical data trend for Infobird Co'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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Infobird Co Days Payable Chart

Infobird Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

68.26

66.26

125.82

400.74

Infobird Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial					26.96	227.86	-	167.71	-

Competitive Comparison of Infobird Co's Days Payable

For the Software - Application subindustry, Infobird Co'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.

Infobird Co's Days Payable Distribution in the Software Industry

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

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

Infobird Co 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.

Infobird Co'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
=	( (4.531	+	3.216)	/	2 )	/	3.528	*	365
=	3.8735					/	3.528	*	365
=	400.74

Infobird Co's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (3.216	+	0)	/	1 )	/	0	*	365 / 2
=	3.216					/	0	*	365 / 2
=	N/A

Infobird Co Days Payable Related Terms

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Infobird Co (Infobird Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infobird Co Ltd (NAS:IFBD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Lize Zhongyi Road, Boya International Center, Building 2, Room 12A06, Block A, Chaoyang District, Beijing, CHN, 100102

Website

https://www.infobird.com

Infobird Co Ltd is engaged in developing and providing customer engagement cloud-based services. It software-as-a-service, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. It provides holistic software solutions to help corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offer AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help clients monitor, benchmark and improve the performances of agents.