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Rubicon Technologies (Rubicon Technologies) Days Payable : 34.42 (As of Dec. 2023)


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What is Rubicon Technologies Days Payable?

Rubicon Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $59.2 Mil. Rubicon Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $157.0 Mil. Hence, Rubicon Technologies's Days Payable for the three months ended in Dec. 2023 was 34.42.

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

RBT' s Days Payable Range Over the Past 10 Years
Min: 19.9   Med: 29.22   Max: 39.61
Current: 39.2

During the past 5 years, Rubicon Technologies's highest Days Payable was 39.61. The lowest was 19.90. And the median was 29.22.

RBT's Days Payable is ranked worse than
57.52% of 2526 companies
in the Software industry
Industry Median: 50.42 vs RBT: 39.20

Rubicon Technologies's Days Payable declined from Dec. 2022 (38.44) to Dec. 2023 (34.42). It may suggest that Rubicon Technologies accelerated paying its suppliers.


Rubicon Technologies Days Payable Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies Days Payable Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
19.90 24.27 29.22 34.55 39.61

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 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 Premium Member Only 38.44 41.92 43.39 36.26 34.42

Competitive Comparison of Rubicon Technologies's Days Payable

For the Software - Application subindustry, Rubicon Technologies'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.


Rubicon Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Rubicon Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Rubicon Technologies's Days Payable falls into.



Rubicon Technologies 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.

Rubicon Technologies'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
=( (75.113 + 65.465) / 2 ) / 647.631*365
=70.289 / 647.631*365
=39.61

Rubicon Technologies'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
=( (52.965 + 65.465) / 2 ) / 156.991*365 / 4
=59.215 / 156.991*365 / 4
=34.42

* 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.


Rubicon Technologies Days Payable Related Terms

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Rubicon Technologies (Rubicon Technologies) Business Description

Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.
Executives
Palantir Technologies Inc. 10 percent owner 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Hernandez Andres Chico director MONTANAS CALIZAS 515, LOMAS DE CHAPULTEP, MEXICO CITY O5 11000
Jose Miguel Enrich 10 percent owner 781 CRANDON BLVD 902, KEY BISCAYNE FL 33149
Kevin Michael Schubert officer: President 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Jevan Anderson officer: Chief Financial Officer 1819 DORIS DRIVE, MENLO PARK CA 94025
William D. Meyer officer: General Counsel 177 BEVERLY ROAD NE, ATLANTA GA 30309
Daniel P. Sampson officer: Chief Mktg & Comms Officer 231 EAST 76TH STREET, APT. 7J, NEW YORK NY 10021
Paula Henderson director 1810 SAINT MARY'S ST, RALEIGH NC 27608
Rgh, Inc. 10 percent owner 100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Michael S. Heller officer: Chief Administrative Officer 10005 RIVER ROCK DRIVE NE, ROSWELL GA 30076
Nathaniel Morris director, 10 percent owner, officer: Chief Executive Officer 100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Tom Owston officer: Interim CCO 409 MCCLENAGHAN MILL ROAD, WYNNEWOOD PA 19096
David Rachelson officer: Chief Sustainability Officer 75 26TH STREET NW, ATLANTA GA 30309
De Viel Castel Renaud officer: Chief Operations Officer 743 ANASTASIA AVENUE, CORAL GABLES FL 33134
Philip Rodoni officer: Chief Technology Officer PO BOX 1296, POINT REYES STATION CA 94956