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MDB Capital Holdings LLC (MDB Capital Holdings LLC) Days Payable : 13.56 (As of Dec. 2023)


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What is MDB Capital Holdings LLC Days Payable?

MDB Capital Holdings LLC's average Accounts Payable for the three months ended in Dec. 2023 was $0.81 Mil. MDB Capital Holdings LLC's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.44 Mil. Hence, MDB Capital Holdings LLC's Days Payable for the three months ended in Dec. 2023 was 13.56.

The historical rank and industry rank for MDB Capital Holdings LLC's Days Payable or its related term are showing as below:

MDBH' s Days Payable Range Over the Past 10 Years
Min: 27.01   Med: 87.07   Max: 95.1
Current: 34.78

During the past 4 years, MDB Capital Holdings LLC's highest Days Payable was 95.10. The lowest was 27.01. And the median was 87.07.

MDBH's Days Payable is ranked worse than
67.43% of 525 companies
in the Capital Markets industry
Industry Median: 102.67 vs MDBH: 34.78

MDB Capital Holdings LLC's Days Payable declined from Dec. 2022 (99.42) to Dec. 2023 (13.56). It may suggest that MDB Capital Holdings LLC accelerated paying its suppliers.


MDB Capital Holdings LLC Days Payable Historical Data

The historical data trend for MDB Capital Holdings LLC'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.

MDB Capital Holdings LLC Days Payable Chart

MDB Capital Holdings LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
91.71 95.10 82.43 27.01

MDB Capital Holdings LLC Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.42 94.91 84.04 58.62 13.56

Competitive Comparison of MDB Capital Holdings LLC's Days Payable

For the Capital Markets subindustry, MDB Capital Holdings LLC'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.


MDB Capital Holdings LLC's Days Payable Distribution in the Capital Markets Industry

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

* The bar in red indicates where MDB Capital Holdings LLC's Days Payable falls into.



MDB Capital Holdings LLC 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.

MDB Capital Holdings LLC'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
=( (0.699 + 0.578) / 2 ) / 8.627*365
=0.6385 / 8.627*365
=27.01

MDB Capital Holdings LLC'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
=( (1.04 + 0.578) / 2 ) / 5.444*365 / 4
=0.809 / 5.444*365 / 4
=13.56

* 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.


MDB Capital Holdings LLC Days Payable Related Terms

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MDB Capital Holdings LLC (MDB Capital Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
14135 Midway Road, Suite G-150, Addison, TX, USA, 75001
MDB Capital Holdings LLC is an investment holding company which operates through its subsidiaries focuses on early- stage technology companies through public offerings. The company's purpose is to engage with companies holding visionary technology, inventors, and technology entrepreneurs. The Company operates in two reportable segments: a broker dealer & intellectual property service and technology development.
Executives
Christopher A Marlett director, 10 percent owner, officer: CEO 100 WILSHIRE BLVD, SANTA MONICA CA 90401
Anthony Digiandomenico director, 10 percent owner, officer: Chief of Transactions 3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Matthew Hayden director 9734 ANCHOR DRIVE, LONGS SC 29568
Jeremy William James officer: Chief Accounting Officer 4785 GLEN HEATHER DRIVE, FRISCO TX 75034
Sean James Magennis director 5109 W. PURDUE AVE, DALLAS TX 75209
Mohammad Hayat director, officer: Chief Entrepreneurship & Ops 750 ROYAL OAKS DRIVE,, SUITE 106, MONROVIA CA 91016
George Hugh Brandon director, officer: President 859 SOUTHERN SHORE DR, PEACHTREE CITY GA 30269
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051