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DMX Technologies Group (DMX Technologies Group) Days Payable : 143.85 (As of Sep. 2017)


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What is DMX Technologies Group Days Payable?

DMX Technologies Group's average Accounts Payable for the three months ended in Sep. 2017 was $8.85 Mil. DMX Technologies Group's Cost of Goods Sold for the three months ended in Sep. 2017 was $5.61 Mil. Hence, DMX Technologies Group's Days Payable for the three months ended in Sep. 2017 was 143.85.

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

DMXTY's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.42
* Ranked among companies with meaningful Days Payable only.

DMX Technologies Group's Days Payable increased from Sep. 2016 (105.28) to Sep. 2017 (143.85). It may suggest that DMX Technologies Group delayed paying its suppliers.


DMX Technologies Group Days Payable Historical Data

The historical data trend for DMX Technologies Group'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.

DMX Technologies Group Days Payable Chart

DMX Technologies Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.03 33.17 43.06 40.91 128.74

DMX Technologies Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.28 65.99 115.53 145.45 143.85

Competitive Comparison of DMX Technologies Group's Days Payable

For the Software - Application subindustry, DMX Technologies Group'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.


DMX Technologies Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where DMX Technologies Group's Days Payable falls into.



DMX Technologies Group 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.

DMX Technologies Group's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (29.134 + 0) / 1 ) / 82.597*365
=29.134 / 82.597*365
=128.74

DMX Technologies Group's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (14.559 + 3.138) / 2 ) / 5.613*365 / 4
=8.8485 / 5.613*365 / 4
=143.85

* 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.


DMX Technologies Group Days Payable Related Terms

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DMX Technologies Group (DMX Technologies Group) Business Description

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DMX Technologies Group Ltd is an investment holding company. Along with its subsidiaries, the company provides information technology services. It operates in two business divisions ICT solutions (information and communications technology) and Digital Media Solutions. ICT division builds and secures IT networks services that integrate and deliver voice, video and data communications. It also offers IT risk management services that fortify and protect important IT assets. Digital Media Solutions offers multi-media software and new media content.

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