Interactive Strength (Interactive Strength) Days Payable : 493.84 (As of Dec. 2023)

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What is Interactive Strength Days Payable?

Interactive Strength's average Accounts Payable for the three months ended in Dec. 2023 was $9.74 Mil. Interactive Strength's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.80 Mil. Hence, Interactive Strength's Days Payable for the three months ended in Dec. 2023 was 493.84.

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

TRNR' s Days Payable Range Over the Past 10 Years
Min: 188.39 Med: 367.9 Max: 4222.99
Current: 493.3

During the past 4 years, Interactive Strength's highest Days Payable was 4222.99. The lowest was 188.39. And the median was 367.90.

TRNR's Days Payable is ranked better than
95.96% of 99 companies
in the Personal Services industry
Industry Median: 29.13 vs TRNR: 493.30

Interactive Strength's Days Payable increased from Dec. 2022 (193.34) to Dec. 2023 (493.84). It may suggest that Interactive Strength delayed paying its suppliers.

Interactive Strength Days Payable Historical Data

The historical data trend for Interactive Strength'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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Interactive Strength Days Payable Chart

Interactive Strength Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

4,222.99

221.05

188.39

514.74

Interactive Strength Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						193.34	405.12	522.05	550.66	493.84

Competitive Comparison of Interactive Strength's Days Payable

For the Personal Services subindustry, Interactive Strength'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.

Interactive Strength's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's Days Payable distribution charts can be found below:

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

Interactive Strength 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.

Interactive Strength'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
=	( (7.743	+	10.562)	/	2 )	/	6.49	*	365
=	9.1525					/	6.49	*	365
=	514.74

Interactive Strength'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
=	( (8.921	+	10.562)	/	2 )	/	1.8	*	365 / 4
=	9.7415					/	1.8	*	365 / 4
=	493.84

Interactive Strength Days Payable Related Terms

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

Interactive Strength (Interactive Strength) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Interactive Strength Inc (NAS:TRNR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

T2I:Germany

Address

1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701

Website

https://www.formelife.com

Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Executives

Bradley James Wickens	10 percent owner	PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok	director	125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer	10 percent owner	C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward	director, officer: Chief Executive Officer	942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan	officer: Principal Financial Officer	370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani	director	27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan	officer: Principal Accounting Officer	22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung	director	99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006