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MultiSensor AI Holdings (MultiSensor AI Holdings) Days Payable : 222.50 (As of Mar. 2024)


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What is MultiSensor AI Holdings Days Payable?

MultiSensor AI Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $3.42 Mil. MultiSensor AI Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.40 Mil. Hence, MultiSensor AI Holdings's Days Payable for the three months ended in Mar. 2024 was 222.50.

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

MSAI' s Days Payable Range Over the Past 10 Years
Min: 31.91   Med: 83.05   Max: 455.56
Current: 455.56

During the past 3 years, MultiSensor AI Holdings's highest Days Payable was 455.56. The lowest was 31.91. And the median was 83.05.

MSAI's Days Payable is ranked better than
92.19% of 2534 companies
in the Software industry
Industry Median: 50.345 vs MSAI: 455.56

MultiSensor AI Holdings's Days Payable increased from Dec. 2022 (68.34) to Mar. 2024 (222.50). It may suggest that MultiSensor AI Holdings delayed paying its suppliers.


MultiSensor AI Holdings Days Payable Historical Data

The historical data trend for MultiSensor AI Holdings'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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MultiSensor AI Holdings Days Payable Chart

MultiSensor AI Holdings Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
31.91 83.05 182.68

MultiSensor AI Holdings Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial 68.34 440.06 - 214.28 222.50

Competitive Comparison of MultiSensor AI Holdings's Days Payable

For the Software - Infrastructure subindustry, MultiSensor AI Holdings'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.


MultiSensor AI Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, MultiSensor AI Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where MultiSensor AI Holdings's Days Payable falls into.



MultiSensor AI Holdings 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.

MultiSensor AI Holdings'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
=( (1.36 + 2.63) / 2 ) / 3.986*365
=1.995 / 3.986*365
=182.68

MultiSensor AI Holdings'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
=( (2.63 + 4.217) / 2 ) / 1.404*365 / 4
=3.4235 / 1.404*365 / 4
=222.50

* 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.


MultiSensor AI Holdings Days Payable Related Terms

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MultiSensor AI Holdings (MultiSensor AI Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2105 West Cardinal Drive, Beaumont, TX, USA, 77705
Infrared Cameras Holdings Inc manufactures and distributes infrared camera systems (hardware and software) for thermographic use in a variety of industrial applications. The company also provides software and services, including training, calibration, and repairs for its customers. Most of the company's customers are in the United States and operate in the oil and gas, distribution and logistics, manufacturing, and utility sectors.

MultiSensor AI Holdings (MultiSensor AI Holdings) Headlines

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