Riot Platforms (FRA:AP4N) Days Payable : 35.44 (As of Mar. 2024)

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What is Riot Platforms Days Payable?

Riot Platforms's average Accounts Payable for the three months ended in Mar. 2024 was €16.8 Mil. Riot Platforms's Cost of Goods Sold for the three months ended in Mar. 2024 was €43.3 Mil. Hence, Riot Platforms's Days Payable for the three months ended in Mar. 2024 was 35.44.

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

FRA:AP4N' s Days Payable Range Over the Past 10 Years
Min: 23.85 Med: 132.92 Max: 6928.92
Current: 23.85

During the past 13 years, Riot Platforms's highest Days Payable was 6928.92. The lowest was 23.85. And the median was 132.92.

FRA:AP4N's Days Payable is ranked worse than
73.66% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs FRA:AP4N: 23.85

Riot Platforms's Days Payable increased from Mar. 2023 (27.70) to Mar. 2024 (35.44). It may suggest that Riot Platforms delayed paying its suppliers.

Riot Platforms Days Payable Historical Data

The historical data trend for Riot Platforms'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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Riot Platforms Days Payable Chart

Riot Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.41

43.86

46.03

35.08

30.24

Riot Platforms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.70	23.21	15.26	23.18	35.44

Competitive Comparison of Riot Platforms's Days Payable

For the Capital Markets subindustry, Riot Platforms'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.

Riot Platforms's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Days Payable distribution charts can be found below:

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

Riot Platforms 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.

Riot Platforms'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
=	( (17.412	+	21.235)	/	2 )	/	233.224	*	365
=	19.3235					/	233.224	*	365
=	30.24

Riot Platforms'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
=	( (21.235	+	12.424)	/	2 )	/	43.334	*	365 / 4
=	16.8295					/	43.334	*	365 / 4
=	35.44

Riot Platforms Days Payable Related Terms

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Riot Platforms (FRA:AP4N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Riot Platforms Inc (FRA:AP4N) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RIOT:USA RIOT:Mexico

Address

3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109

Website

https://www.riotplatforms.com

Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.

Riot Platforms (FRA:AP4N) Headlines

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