KwikClick (KwikClick) Days Payable : 1,535.24 (As of Dec. 2023)

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What is KwikClick Days Payable?

KwikClick's average Accounts Payable for the three months ended in Dec. 2023 was $0.96 Mil. KwikClick's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.06 Mil. Hence, KwikClick's Days Payable for the three months ended in Dec. 2023 was 1,535.24.

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

KWIK' s Days Payable Range Over the Past 10 Years
Min: 1269.93 Med: 1330.21 Max: 1390.48
Current: 1352.71

During the past 4 years, KwikClick's highest Days Payable was 1390.48. The lowest was 1269.93. And the median was 1330.21.

KWIK's Days Payable is ranked better than
96.6% of 2528 companies
in the Software industry
Industry Median: 50.5 vs KWIK: 1352.71

KwikClick's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (1,535.24). It may suggest that KwikClick delayed paying its suppliers.

KwikClick Days Payable Historical Data

The historical data trend for KwikClick'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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KwikClick Days Payable Chart

KwikClick Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1,390.48

1,269.93

KwikClick Quarterly Data
	Mar99	Jun99	Sep99	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										-	1,890.40	1,732.61	921.83	1,535.24

Competitive Comparison of KwikClick's Days Payable

For the Software - Application subindustry, KwikClick'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.

KwikClick's Days Payable Distribution in the Software Industry

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

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

KwikClick 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.

KwikClick'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
=	( (0.547	+	0.963)	/	2 )	/	0.217	*	365
=	0.755					/	0.217	*	365
=	1,269.93

KwikClick'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
=	( (0.955	+	0.963)	/	2 )	/	0.057	*	365 / 4
=	0.959					/	0.057	*	365 / 4
=	1,535.24

KwikClick Days Payable Related Terms

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KwikClick (KwikClick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KwikClick Inc (OTCPK:KWIK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 West 500 South, Suite 130, Bountiful, UT, USA, 84010

Website

https://www.kwikclick.com

KwikClick Inc is a SaaS (software as a service) platform developed to connect sellers with buyers (participants) while merging the benefits of social media marketing with the intense power of individual affiliate marketing typically associated only with network marketing organizations. Its app allows participants to be compensated for all sales that occur as a result of referring any product or service, participants wish to promote actively or passively as participants correspond socially, through mobile devices or online.

Executives

David Hunt

director

66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111