Ibex Technologies (TSXV:IBT) Days Payable : 274.66 (As of Jan. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Ibex Technologies Days Payable?

Ibex Technologies's average Accounts Payable for the three months ended in Jan. 2024 was C$1.66 Mil. Ibex Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.55 Mil. Hence, Ibex Technologies's Days Payable for the three months ended in Jan. 2024 was 274.66.

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

TSXV:IBT' s Days Payable Range Over the Past 10 Years
Min: 84.83 Med: 143.65 Max: 251.61
Current: 235.1

During the past 13 years, Ibex Technologies's highest Days Payable was 251.61. The lowest was 84.83. And the median was 143.65.

TSXV:IBT's Days Payable is ranked better than
60.89% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs TSXV:IBT: 235.10

Ibex Technologies's Days Payable increased from Jan. 2023 (216.50) to Jan. 2024 (274.66). It may suggest that Ibex Technologies delayed paying its suppliers.

Ibex Technologies Days Payable Historical Data

The historical data trend for Ibex Technologies'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.

Ibex Technologies Days Payable Chart

Ibex Technologies Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

Get a 7-Day Free Trial

89.18

143.65

151.41

181.20

251.61

Ibex Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															216.50	173.27	209.81	330.36	274.66

Competitive Comparison of Ibex Technologies's Days Payable

For the Biotechnology subindustry, Ibex Technologies'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.

Ibex Technologies's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ibex Technologies's Days Payable distribution charts can be found below:

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

Ibex Technologies 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.

Ibex Technologies's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (1.575	+	1.585)	/	2 )	/	2.292	*	365
=	1.58					/	2.292	*	365
=	251.61

Ibex Technologies's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.905	+	1.424)	/	2 )	/	0.553	*	365 / 4
=	1.6645					/	0.553	*	365 / 4
=	274.66

Ibex Technologies Days Payable Related Terms

Thank you for viewing the detailed overview of Ibex Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ibex Technologies (TSXV:IBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ibex Technologies Inc (TSXV:IBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IBXNF:USA IBT:Germany

Address

5485 Pare Street, Suite 100, Montreal, QC, CAN, H4P 1P7

Website

https://www.ibex.ca

Ibex Technologies Inc is a company engaged in the production and sale of diagnostic products. It manufactures and markets enzymes for biomedical use, through its subsidiaries. It also manufactures and markets a series of arthritis assays that have applications in osteoarthritis research. It sells two product lines namely, Enzymes for in-vitro diagnostics and research, and Tests for osteoarthritis research. The group provides services like Filing and lyophilization of disposable diagnostic components, and Custom fermentation and purification of enzymes for diagnostic companies. Geographically, the firm sells its products in Canada, Germany, the U.S., the U.K., and other countries of which the majority of the revenue is generated from the U.S.

Ibex Technologies (TSXV:IBT) Headlines

No Headlines