Motomova (Motomova) Days Payable : 93.02 (As of Sep. 2023)

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What is Motomova Days Payable?

Motomova's average Accounts Payable for the three months ended in Sep. 2023 was $0.32 Mil. Motomova's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.31 Mil. Hence, Motomova's Days Payable for the three months ended in Sep. 2023 was 93.02.

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

MTMV' s Days Payable Range Over the Past 10 Years
Min: 183.76 Med: 254.54 Max: 773.62
Current: 372.06

During the past 13 years, Motomova's highest Days Payable was 773.62. The lowest was 183.76. And the median was 254.54.

MTMV's Days Payable is not ranked
in the Hardware industry.
Industry Median: 67.83 vs MTMV: 372.06

Motomova's Days Payable increased from Mar. 2011 (0.00) to Sep. 2023 (93.02). It may suggest that Motomova delayed paying its suppliers.

Motomova Days Payable Historical Data

The historical data trend for Motomova'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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Motomova Days Payable Chart

Motomova Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec06

Dec07

Dec08

Dec09

Dec10

Days Payable

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Motomova Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Sep22	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	93.02

Competitive Comparison of Motomova's Days Payable

For the Scientific & Technical Instruments subindustry, Motomova'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.

Motomova's Days Payable Distribution in the Hardware Industry

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

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

Motomova 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.

Motomova's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

	Days Payable (A: Dec. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2009 )	+	Accounts Payable (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.179	*	365
=	0					/	0.179	*	365
=	0.00

Motomova'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: Sep. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.316)	/	1 )	/	0.31	*	365 / 4
=	0.316					/	0.31	*	365 / 4
=	93.02

Motomova Days Payable Related Terms

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Motomova (Motomova) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motomova Inc (OTCPK:MTMV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

353 West 48th Street, 4th Floor, Unit 292, New York, NY, USA, 10036

Website

http://www.petrocorp.us

MOTOMOVA INC formerly Petrocorp Inc along with its subsidiary develops, manufactures and supplies an extensive array of testing solutions and instruments relating to the power of motors for various markets, including electric vehicles and their components, transportation and the home appliance industries. It offers combined solutions and simulations that integrate the special dynamic and static capabilities with traditional dynamometer methods that measure force or power. Dynamometers are testing benches used to test the physical parameters of the motor-like speed, torque, efficiency and power of the motor.

Motomova (Motomova) Headlines

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Motomova Inc. to Present at the 8th Annual Dawson James Conference

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