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Moatable (Moatable) Days Payable : 55.74 (As of Dec. 2023)


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What is Moatable Days Payable?

Moatable's average Accounts Payable for the three months ended in Dec. 2023 was $1.87 Mil. Moatable's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.06 Mil. Hence, Moatable's Days Payable for the three months ended in Dec. 2023 was 55.74.

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

MTBLY' s Days Payable Range Over the Past 10 Years
Min: 27.55   Med: 64.31   Max: 258.78
Current: 53.79

During the past 13 years, Moatable's highest Days Payable was 258.78. The lowest was 27.55. And the median was 64.31.

MTBLY's Days Payable is ranked better than
51.39% of 2524 companies
in the Software industry
Industry Median: 50.6 vs MTBLY: 53.79

Moatable's Days Payable declined from Dec. 2022 (64.01) to Dec. 2023 (55.74). It may suggest that Moatable accelerated paying its suppliers.


Moatable Days Payable Historical Data

The historical data trend for Moatable'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.

Moatable Days Payable Chart

Moatable Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.78 117.51 69.46 56.49 59.15

Moatable Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.01 52.60 51.51 49.60 55.74

Competitive Comparison of Moatable's Days Payable

For the Software - Application subindustry, Moatable'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.


Moatable's Days Payable Distribution in the Software Industry

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

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



Moatable 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.

Moatable'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
=( (1.57 + 2.064) / 2 ) / 11.212*365
=1.817 / 11.212*365
=59.15

Moatable'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
=( (1.668 + 2.064) / 2 ) / 3.055*365 / 4
=1.866 / 3.055*365 / 4
=55.74

* 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.


Moatable Days Payable Related Terms

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


Moatable (Moatable) Business Description

Traded in Other Exchanges
Address
45 West Buchanan Street, Phoenix, AZ, USA, 85003
Moatable Inc provides management expertise, support services, and capital to help its SaaS businesses grow, scale, and reach their full potential. The Chime division includes the Company's all-in-one real estate sales acceleration and client lifecycle management platform. The Trucker Path division includes the Company's driver-centric online transportation management platform.
Executives
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Michael J Schifsky officer: Interim CFO C/O MOATABLE, INC., 45 W. BUCHANAN STREET, PHOENIX AZ 85003
James D Reed director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Joseph Chen director, 10 percent owner, officer: Chief Executive Officer 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director, officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Chris Palmer officer: Chief Financial Officer C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
James M Dumler director C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
Henry He Li officer: Vice President of Technology C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004