Akerna (Akerna) Days Payable : 161.58 (As of Sep. 2023)

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What is Akerna Days Payable?

Akerna's average Accounts Payable for the three months ended in Sep. 2023 was $1.73 Mil. Akerna's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.98 Mil. Hence, Akerna's Days Payable for the three months ended in Sep. 2023 was 161.58.

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

KERN' s Days Payable Range Over the Past 10 Years
Min: 64.27 Med: 79.39 Max: 138.11
Current: 138.11

During the past 6 years, Akerna's highest Days Payable was 138.11. The lowest was 64.27. And the median was 79.39.

KERN's Days Payable is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 62.09 vs KERN: 138.11

Akerna's Days Payable increased from Sep. 2022 (156.53) to Sep. 2023 (161.58). It may suggest that Akerna delayed paying its suppliers.

Akerna Days Payable Historical Data

The historical data trend for Akerna'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.

Akerna Days Payable Chart

Akerna Annual Data

Trend

Dec17

Dec18

Jun19

Jun20

Dec21

Dec22

Days Payable

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64.27

81.18

77.60

108.82

Akerna Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															156.53	102.57	142.00	166.25	161.58

Competitive Comparison of Akerna's Days Payable

For the Health Information Services subindustry, Akerna'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.

Akerna's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akerna's Days Payable distribution charts can be found below:

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

Akerna 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.

Akerna's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.717	+	1.51)	/	2 )	/	5.412	*	365
=	1.6135					/	5.412	*	365
=	108.82

Akerna's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.748	+	1.705)	/	2 )	/	0.975	*	365 / 4
=	1.7265					/	0.975	*	365 / 4
=	161.58

Akerna Days Payable Related Terms

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

Akerna (Akerna) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akerna Corp (NAS:KERN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Larimer Street, No 246, Denver, CO, USA, 80202

Website

https://www.akerna.com

Akerna Corp is a United States-based company provider of enterprise software solutions within the cannabis industry. It offers MJ Platform and Leaf Data Systems which are platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customers through the supply chain. It has two sources of revenue software and consulting services, and the majority of the revenue comes from commercial software platforms.

Executives

Mj Bridge Co., Inc.	10 percent owner	16192 COASTAL HIGHWAY, LEWES DE 19958
Barry Fishman	director	C/O AKERNA CORP., 1550 LARIMER STREET, SUITE 246, DENVER CO 80202
Matthew Ryan Kane	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Thompson Cecil Ray Jr	officer: Chief Operating Officer	1630 WELTON ST, SUITE 400, DENVER CO 80201
David R Mccullough	officer: Chief Technology Officer	C/O AKERNA CORP., 1630 WELTON STREET - 4TH FLOOR, DENVER CO 80202
Jessica Billingsley	director, 10 percent owner, officer: Chief Executive Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Amy A. Poinsett Revocable Living Trust	10 percent owner	601 16TH STREET, SUITE C-420, GOLDEN CO 80403
Fowle John Michael Jr	officer: Chief Financial Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Tahira Rehmatullah	director	C/O AKERNA CORP., 1601 ARAPAHOE STREET, DENVER CO 32836
Ashesh C Shah	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Nina Simosko	officer: Chief Revenue Officer	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Scott Sozio	director	BAY HARBOUR MANAGEMENT, 885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Jessica Billingsley Living Trust	10 percent owner	1601 ARAPAHOE STREET, DENVER CO 80202
Amy A. Poinsett	10 percent owner	601 16TH STREET, SUITE C-420, GOLDEN CO 80401
Mtech Sponsor Llc	10 percent owner	10124 FOXHURST CT, ORLANDO FL 32836