Mobile Infrastructure (Mobile Infrastructure) Days Payable : 368.14 (As of Mar. 2024)

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What is Mobile Infrastructure Days Payable?

Mobile Infrastructure's average Accounts Payable for the three months ended in Mar. 2024 was $13.82 Mil. Mobile Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.43 Mil. Hence, Mobile Infrastructure's Days Payable for the three months ended in Mar. 2024 was 368.14.

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

BEEP' s Days Payable Range Over the Past 10 Years
Min: 437.32 Med: 516.56 Max: 680.17
Current: 643.86

During the past 3 years, Mobile Infrastructure's highest Days Payable was 680.17. The lowest was 437.32. And the median was 516.56.

BEEP's Days Payable is ranked better than
96.2% of 1604 companies
in the Construction industry
Industry Median: 74.965 vs BEEP: 643.86

Mobile Infrastructure's Days Payable declined from Dec. 2022 (748.91) to Mar. 2024 (368.14). It may suggest that Mobile Infrastructure accelerated paying its suppliers.

Mobile Infrastructure Days Payable Historical Data

The historical data trend for Mobile Infrastructure'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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Mobile Infrastructure Days Payable Chart

Mobile Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

437.32

516.56

680.17

Mobile Infrastructure Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			748.91	714.47	605.43	520.43	368.14

Competitive Comparison of Mobile Infrastructure's Days Payable

For the Infrastructure Operations subindustry, Mobile Infrastructure'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.

Mobile Infrastructure's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mobile Infrastructure's Days Payable distribution charts can be found below:

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

Mobile Infrastructure 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.

Mobile Infrastructure'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
=	( (19.484	+	14.666)	/	2 )	/	9.163	*	365
=	17.075					/	9.163	*	365
=	680.17

Mobile Infrastructure's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (14.666	+	12.97)	/	2 )	/	3.425	*	365 / 4
=	13.818					/	3.425	*	365 / 4
=	368.14

Mobile Infrastructure Days Payable Related Terms

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

Mobile Infrastructure (Mobile Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mobile Infrastructure Corp (AMEX:BEEP) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

30 W. 4th Street, Cincinnati, OH, USA, 45202

Website

https://www.mobileit.com

Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company targets both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas, with proximity to key demand drivers, such as airports, transportation hubs, educational facilities, government buildings and courthouses, sports and entertainment venues, hospital and health centers, hotels, office complexes and residences.

Executives

Jeffrey Osher	director	505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Stephanie Hogue	director, 10 percent owner, officer: President & CFO	250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Amanda Parness	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Brad Greiwe	director	1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Damon D Jones	director	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Manuel Iii Chavez	director, officer: CEO	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc	other: See Remarks	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p.	other: See Remarks	505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Lorrence T Kellar	director	C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Fifth Wall Acquisition Sponsor Iii, Llc	10 percent owner	6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy	10 percent owner	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace	10 percent owner	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Alana Beard	other: Former Director	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

Mobile Infrastructure (Mobile Infrastructure) Headlines

From GuruFocus

Mobile Infrastructure Corp (BEEP) Reports Q4 and Full Year 2023 Financial Results

By GuruFocus Research • 03-16-2024