GURUFOCUS.COM » STOCK LIST » Technology » Software » Data443 Risk Mitigation Inc (OTCPK:ATDS) » Definitions » Days Payable

Data443 Risk Mitigation (Data443 Risk Mitigation) Days Payable : 144.17 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Data443 Risk Mitigation Days Payable?

Data443 Risk Mitigation's average Accounts Payable for the three months ended in Dec. 2023 was $1.71 Mil. Data443 Risk Mitigation's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.08 Mil. Hence, Data443 Risk Mitigation's Days Payable for the three months ended in Dec. 2023 was 144.17.

The historical rank and industry rank for Data443 Risk Mitigation's Days Payable or its related term are showing as below:

ATDS' s Days Payable Range Over the Past 10 Years
Min: 84.9   Med: 257.15   Max: 669.17
Current: 257.68

During the past 7 years, Data443 Risk Mitigation's highest Days Payable was 669.17. The lowest was 84.90. And the median was 257.15.

ATDS's Days Payable is ranked better than
86.56% of 2523 companies
in the Software industry
Industry Median: 51.26 vs ATDS: 257.68

Data443 Risk Mitigation's Days Payable declined from Dec. 2022 (261.67) to Dec. 2023 (144.17). It may suggest that Data443 Risk Mitigation accelerated paying its suppliers.


Data443 Risk Mitigation Days Payable Historical Data

The historical data trend for Data443 Risk Mitigation'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.

Data443 Risk Mitigation Days Payable Chart

Data443 Risk Mitigation Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 669.17 310.97 84.90 177.23 257.15

Data443 Risk Mitigation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 261.67 285.32 418.82 665.27 144.17

Competitive Comparison of Data443 Risk Mitigation's Days Payable

For the Software - Infrastructure subindustry, Data443 Risk Mitigation'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.


Data443 Risk Mitigation's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Data443 Risk Mitigation's Days Payable distribution charts can be found below:

* The bar in red indicates where Data443 Risk Mitigation's Days Payable falls into.



Data443 Risk Mitigation 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.

Data443 Risk Mitigation'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
=( (0.428 + 2.004) / 2 ) / 1.726*365
=1.216 / 1.726*365
=257.15

Data443 Risk Mitigation'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
=( (1.415 + 2.004) / 2 ) / 1.082*365 / 4
=1.7095 / 1.082*365 / 4
=144.17

* 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.


Data443 Risk Mitigation Days Payable Related Terms

Thank you for viewing the detailed overview of Data443 Risk Mitigation's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Data443 Risk Mitigation (Data443 Risk Mitigation) Business Description

Traded in Other Exchanges
N/A
Address
4000 Sancar Drive, P.O. Box 12235, Suite 400, Research Triangle Park, Durham, NC, USA, 27709
Data443 Risk Mitigation Inc is engaged in developing products that enable secure data, at rest and in flight, across local devices, networks, cloud, and databases. The company derives revenue primarily from contracts for subscription to access the SaaS platforms and, ancillary services provided in connection with subscription services. Its product portfolio comprises of ClassiDocs, WordPress GDPR Framework, ARALOC platform, ArcMail, Data443 Virtual Data Protection Officer program, and Privacy Manager.
Executives
Greg Mccraw officer: Vice President and CFO 4000 PARK DRIVE, SUITE 400, RESEARCH TRIANGLE NC 27709
Remillard Jason L M director, officer: President; CEO; Secretary 101 J. MORRIS COMMONS LANE, SUITE 105, MORRISVILLE NC 27560

Data443 Risk Mitigation (Data443 Risk Mitigation) Headlines

From GuruFocus

DATA443 RISK MITIGATION PROVIDES BUSINESS UPDATE

By Marketwired Marketwired 07-14-2020