MM Conferences (WAR:MMC) Days Payable : 7,523.06 (As of Sep. 2023)

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What is MM Conferences Days Payable?

MM Conferences's average Accounts Payable for the three months ended in Sep. 2023 was zł1.48 Mil. MM Conferences's Cost of Goods Sold for the three months ended in Sep. 2023 was zł0.02 Mil. Hence, MM Conferences's Days Payable for the three months ended in Sep. 2023 was 7,523.06.

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

WAR:MMC' s Days Payable Range Over the Past 10 Years
Min: 249.09 Med: 1390.36 Max: 4555.48
Current: 887.56

During the past 13 years, MM Conferences's highest Days Payable was 4555.48. The lowest was 249.09. And the median was 1390.36.

WAR:MMC's Days Payable is ranked better than
97.07% of 922 companies
in the Business Services industry
Industry Median: 47.445 vs WAR:MMC: 887.56

MM Conferences's Days Payable increased from Sep. 2022 (4,339.64) to Sep. 2023 (7,523.06). It may suggest that MM Conferences delayed paying its suppliers.

MM Conferences Days Payable Historical Data

The historical data trend for MM Conferences'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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MM Conferences Days Payable Chart

MM Conferences Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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1,678.25

2,431.37

3,139.00

4,555.48

831.65

MM Conferences 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															4,339.64	250.69	2,351.36	1,991.66	7,523.06

Competitive Comparison of MM Conferences's Days Payable

For the Specialty Business Services subindustry, MM Conferences'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.

MM Conferences's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MM Conferences's Days Payable distribution charts can be found below:

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

MM Conferences 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.

MM Conferences'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
=	( (1.124	+	1.036)	/	2 )	/	0.474	*	365
=	1.08					/	0.474	*	365
=	831.65

MM Conferences'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
=	( (2.066	+	0.902)	/	2 )	/	0.018	*	365 / 4
=	1.484					/	0.018	*	365 / 4
=	7,523.06

MM Conferences Days Payable Related Terms

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MM Conferences (WAR:MMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MM Conferences (WAR:MMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Dluga 44/50, Warsaw, POL, 00-241

Website

http://www.mmcpolska.pl

MM Conferences is the independent organizer of business meetings in Poland. The company is engaged in organizing conferences for the managerial staff of the highest level from various disciplines which include banking, management, marketing, IT, finance etc.