OceanTech Acquisitions I (OceanTech Acquisitions I) Days Payable : 0.00 (As of Mar. 2024)

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What is OceanTech Acquisitions I Days Payable?

OceanTech Acquisitions I's average Accounts Payable for the three months ended in Mar. 2024 was $3.46 Mil. OceanTech Acquisitions I's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for OceanTech Acquisitions I's Days Payable or its related term are showing as below:

OTECW's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 86.81
* Ranked among companies with meaningful Days Payable only.

OceanTech Acquisitions I's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

OceanTech Acquisitions I Days Payable Historical Data

The historical data trend for OceanTech Acquisitions I'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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OceanTech Acquisitions I Days Payable Chart

OceanTech Acquisitions I Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

OceanTech Acquisitions I Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of OceanTech Acquisitions I's Days Payable

For the Shell Companies subindustry, OceanTech Acquisitions I'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.

OceanTech Acquisitions I's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's Days Payable distribution charts can be found below:

* The bar in red indicates where OceanTech Acquisitions I's Days Payable falls into.

OceanTech Acquisitions I 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.

OceanTech Acquisitions I'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
=	( (1.614	+	3.233)	/	2 )	/	0	*	365
=	2.4235					/	0	*	365
=	N/A

OceanTech Acquisitions I'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
=	( (3.233	+	3.693)	/	2 )	/	0	*	365 / 4
=	3.463					/	0	*	365 / 4
=	N/A

OceanTech Acquisitions I Days Payable Related Terms

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OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OceanTech Acquisitions I Corp (NAS:OTECW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OTEC:USA

Address

515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022

Website

OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.