Rumble (Rumble) Days Payable : 67.19 (As of Dec. 2023)

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What is Rumble Days Payable?

Rumble's average Accounts Payable for the three months ended in Dec. 2023 was $29.11 Mil. Rumble's Cost of Goods Sold for the three months ended in Dec. 2023 was $39.54 Mil. Hence, Rumble's Days Payable for the three months ended in Dec. 2023 was 67.19.

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

RUM' s Days Payable Range Over the Past 10 Years
Min: 48.75 Med: 220.45 Max: 335.06
Current: 58.26

During the past 5 years, Rumble's highest Days Payable was 335.06. The lowest was 48.75. And the median was 220.45.

RUM's Days Payable is ranked better than
53.74% of 2525 companies
in the Software industry
Industry Median: 50.55 vs RUM: 58.26

Rumble's Days Payable increased from Dec. 2022 (51.97) to Dec. 2023 (67.19). It may suggest that Rumble delayed paying its suppliers.

Rumble Days Payable Historical Data

The historical data trend for Rumble'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.

Rumble Days Payable Chart

Rumble Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

335.06

283.77

220.45

88.35

48.75

Rumble Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									51.97	55.97	49.26	68.90	67.19

Competitive Comparison of Rumble's Days Payable

For the Software - Application subindustry, Rumble'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.

Rumble's Days Payable Distribution in the Software Industry

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

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

Rumble 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.

Rumble'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
=	( (14.325	+	24.713)	/	2 )	/	146.156	*	365
=	19.519					/	146.156	*	365
=	48.75

Rumble'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
=	( (33.514	+	24.713)	/	2 )	/	39.541	*	365 / 4
=	29.1135					/	39.541	*	365 / 4
=	67.19

Rumble Days Payable Related Terms

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Rumble (Rumble) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rumble Inc (NAS:RUM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

444 Gulf of Mexico Dr, Longboat Key, FL, USA, 34228

Website

https://www.rumble.com

Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the US.

Executives

Ryan Milnes	director, 10 percent owner	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
David O Sacks	director	855 FRONT STREET, SAN FRANCISCO CA 94111
Paul T Cappuccio	director	TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis	officer: Gen.Counsel & Corp. Sectry	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes	officer: Chief Operating Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki	officer: Chief Technology Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff	officer: Chief Financial Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Cfac Holdings Vi, Llc	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Nancy Armstrong	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo	officer: Chief Content Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski	director, 10 percent owner, officer: Chief Executive Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein	director	CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay	director	545 WASHINGTON BLVD, JERSEY CITY NJ 07310