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Cleanspark (Cleanspark) Days Payable : 102.49 (As of Mar. 2024)


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What is Cleanspark Days Payable?

Cleanspark's average Accounts Payable for the three months ended in Mar. 2024 was $38.5 Mil. Cleanspark's Cost of Goods Sold for the three months ended in Mar. 2024 was $34.3 Mil. Hence, Cleanspark's Days Payable for the three months ended in Mar. 2024 was 102.49.

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

CLSK' s Days Payable Range Over the Past 10 Years
Min: 39.19   Med: 128.36   Max: 3650
Current: 95.42

During the past 13 years, Cleanspark's highest Days Payable was 3650.00. The lowest was 39.19. And the median was 128.36.

CLSK's Days Payable is ranked worse than
51.42% of 527 companies
in the Capital Markets industry
Industry Median: 106.62 vs CLSK: 95.42

Cleanspark's Days Payable declined from Mar. 2023 (122.44) to Mar. 2024 (102.49). It may suggest that Cleanspark accelerated paying its suppliers.


Cleanspark Days Payable Historical Data

The historical data trend for Cleanspark'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.

Cleanspark Days Payable Chart

Cleanspark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.37 39.19 484.29 70.30 118.23

Cleanspark Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 122.44 89.48 94.11 102.14 102.49

Competitive Comparison of Cleanspark's Days Payable

For the Capital Markets subindustry, Cleanspark'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.


Cleanspark's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cleanspark's Days Payable distribution charts can be found below:

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



Cleanspark 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.

Cleanspark's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (24.662 + 65.577) / 2 ) / 139.294*365
=45.1195 / 139.294*365
=118.23

Cleanspark'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
=( (33.415 + 43.632) / 2 ) / 34.298*365 / 4
=38.5235 / 34.298*365 / 4
=102.49

* 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.


Cleanspark Days Payable Related Terms

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


Cleanspark (Cleanspark) Business Description

Traded in Other Exchanges
Address
2370 Corporate Circle, Suite 160, Henderson, NV, USA, 89074
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.
Executives
Larry Mcneill director 1185 SOUTH 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Gary Anthony Vecchiarelli officer: Chief Financial Officer 6980 OBANNON DRIVE, LAS VEGAS NV 89117
Roger Paul Beynon director P.O. BOX 1268, BOUNTIFUL UT 84011
Thomas Leigh Wood director 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Amanda Cavaleri director 2370 CORPORATE CIRCLE, SUITE 160, HENDERSON NV 89074
Zachary Bradford director, officer: CEO and President 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
S. Matthew Schultz director, officer: Executive Chairman 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Amer Tadayon officer: Chief Revenue Officer 1185 S. 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Lori Love officer: Chief Financial Officer 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Anthony M Vastola officer: Chief Strategy Officer 70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Amanda Kabak officer: Chief Technology Officer 70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Brian Huber director, officer: Chief Operating Officer 70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Michael Gary Barrett officer: COO 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Bruce Lybbert director, 10 percent owner, officer: Officer 2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Burkeley J Priest director, officer: Pres, Sec, Treas & Director PO BOX 573633, MURRAY UT 84157