Ameritek Ventures (Ameritek Ventures) Days Payable : 0.00 (As of Mar. 2024)

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What is Ameritek Ventures Days Payable?

Ameritek Ventures's average Accounts Payable for the three months ended in Mar. 2024 was $0.80 Mil. Ameritek Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

ATVK's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.765
* Ranked among companies with meaningful Days Payable only.

Ameritek Ventures's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Ameritek Ventures Days Payable Historical Data

The historical data trend for Ameritek Ventures'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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Ameritek Ventures Days Payable Chart

Ameritek Ventures Annual Data

Trend

May11

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May13

May14

May15

May16

May17

May18

Dec22

Dec23

Days Payable

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Ameritek Ventures Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Ameritek Ventures's Days Payable

For the Specialty Industrial Machinery subindustry, Ameritek Ventures'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.

Ameritek Ventures's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ameritek Ventures's Days Payable distribution charts can be found below:

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

Ameritek Ventures 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.

Ameritek Ventures'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
=	( (1.191	+	0.987)	/	2 )	/	0	*	365
=	1.089					/	0	*	365
=	N/A

Ameritek Ventures's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.987	+	0.616)	/	2 )	/	0	*	365 / 4
=	0.8015					/	0	*	365 / 4
=	N/A

Ameritek Ventures Days Payable Related Terms

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Ameritek Ventures (Ameritek Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameritek Ventures (OTCPK:ATVK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

https://www.ameritekventures.com

Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.

Executives

Shaun Passley

officer: Chairman, CEO and CFO

201 W. LAKE ST. 135, CH IL 60606

Ameritek Ventures (Ameritek Ventures) Headlines

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