Quizam Media (XCNQ:QQ) Days Payable : 56.23 (As of Feb. 2024)

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What is Quizam Media Days Payable?

Quizam Media's average Accounts Payable for the three months ended in Feb. 2024 was C$0.64 Mil. Quizam Media's Cost of Goods Sold for the three months ended in Feb. 2024 was C$1.05 Mil. Hence, Quizam Media's Days Payable for the three months ended in Feb. 2024 was 56.23.

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

XCNQ:QQ' s Days Payable Range Over the Past 10 Years
Min: 49.83 Med: 67.35 Max: 1087.89
Current: 49.83

During the past 13 years, Quizam Media's highest Days Payable was 1087.89. The lowest was 49.83. And the median was 67.35.

XCNQ:QQ's Days Payable is ranked worse than
55.56% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs XCNQ:QQ: 49.83

Quizam Media's Days Payable increased from Feb. 2023 (53.29) to Feb. 2024 (56.23). It may suggest that Quizam Media delayed paying its suppliers.

Quizam Media Days Payable Historical Data

The historical data trend for Quizam Media'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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Quizam Media Days Payable Chart

Quizam Media Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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1,087.89

80.94

53.75

52.93

Quizam Media Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															53.29	45.67	41.95	53.30	56.23

Competitive Comparison of Quizam Media's Days Payable

For the Internet Content & Information subindustry, Quizam Media'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.

Quizam Media's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's Days Payable distribution charts can be found below:

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

Quizam Media 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.

Quizam Media's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.786	+	0.471)	/	2 )	/	4.334	*	365
=	0.6285					/	4.334	*	365
=	52.93

Quizam Media's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.644	+	0.644)	/	2 )	/	1.045	*	365 / 4
=	0.644					/	1.045	*	365 / 4
=	56.23

Quizam Media Days Payable Related Terms

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Quizam Media (XCNQ:QQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Quizam Media Corp (XCNQ:QQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6

Website

http://www.quizammedia.com

Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media (XCNQ:QQ) Headlines

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