Vinyl Group (Vinyl Group) Days Payable : 228.27 (As of Dec. 2023)

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What is Vinyl Group Days Payable?

Vinyl Group's average Accounts Payable for the six months ended in Dec. 2023 was $0.38 Mil. Vinyl Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.31 Mil. Hence, Vinyl Group's Days Payable for the six months ended in Dec. 2023 was 228.27.

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

JAXAF' s Days Payable Range Over the Past 10 Years
Min: 212.23 Med: 305.95 Max: 130487.5
Current: 379.63

During the past 13 years, Vinyl Group's highest Days Payable was 130487.50. The lowest was 212.23. And the median was 305.95.

JAXAF's Days Payable is ranked better than
91.57% of 2527 companies
in the Software industry
Industry Median: 49.74 vs JAXAF: 379.63

Vinyl Group's Days Payable declined from Dec. 2022 (18,888.75) to Dec. 2023 (228.27). It may suggest that Vinyl Group accelerated paying its suppliers.

Vinyl Group Days Payable Historical Data

The historical data trend for Vinyl Group'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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Vinyl Group Days Payable Chart

Vinyl Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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77,015.00

97,637.50

2,277.87

Vinyl Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	45,077.50	18,888.75	1,612.08	228.27

Competitive Comparison of Vinyl Group's Days Payable

For the Software - Application subindustry, Vinyl Group'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.

Vinyl Group's Days Payable Distribution in the Software Industry

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

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

Vinyl Group 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.

Vinyl Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.137	+	0.2)	/	2 )	/	0.027	*	365
=	0.1685					/	0.027	*	365
=	2,277.87

Vinyl Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.2	+	0.568)	/	2 )	/	0.307	*	365 / 2
=	0.384					/	0.307	*	365 / 2
=	228.27

Vinyl Group Days Payable Related Terms

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Vinyl Group (Vinyl Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vinyl Group Ltd (OTCPK:JAXAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VNL:Australia

Address

11 Wilson Street, South Yarra, VIC, AUS, 3141

Website

https://www.jaxsta.com

Vinyl Group Ltd Formerly Jaxsta Ltd is a music technology company that carries on a music database. It has developed an online platform named Jaxsta to hold official music metadata. Its database consists of official music information and is built to meet the needs of music professionals and enthusiasts seeking a comprehensive and authenticated source of music data. The company uses " Big Data" technology to ingest and translate information sourced directly from official channels including record labels, music publishers, royalty agencies and industry associations onto its Jaxsta platform ensuring optimum accuracy and reliability.

Vinyl Group (Vinyl Group) Headlines

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