Digital Turbine (FRA:4MD) Days Payable

: 174.71 (As of Dec. 2023)

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Digital Turbine's average Accounts Payable for the three months ended in Dec. 2023 was €138.7 Mil. Digital Turbine's Cost of Goods Sold for the three months ended in Dec. 2023 was €72.4 Mil. Hence, Digital Turbine's Days Payable for the three months ended in Dec. 2023 was 174.71.

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

FRA:4MD' s Days Payable Range Over the Past 10 Years
Min: 67.08 Med: 96.59 Max: 205.56
Current: 164.01

During the past 13 years, Digital Turbine's highest Days Payable was 205.56. The lowest was 67.08. And the median was 96.59.

FRA:4MD's Days Payable is ranked better than
79.94% of 2523 companies
in the Software industry
Industry Median: 51.48 vs FRA:4MD: 164.01

Digital Turbine's Days Payable declined from Dec. 2022 (186.42) to Dec. 2023 (174.71). It may suggest that Digital Turbine accelerated paying its suppliers.

Digital Turbine Days Payable Historical Data

The historical data trend for Digital Turbine'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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Digital Turbine Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

88.95

99.06

69.55

91.23

149.15

Digital Turbine Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																186.42	155.77	149.17	161.98	174.71

Competitive Comparison

For the Software - Application subindustry, Digital Turbine'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.

Digital Turbine Days Payable Distribution

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

* The bar in red indicates where Digital Turbine's Days Payable falls into.

Digital Turbine 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.

Digital Turbine's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (152.415	+	111.462)	/	2 )	/	322.876	*	365
=	131.9385					/	322.876	*	365
=	149.15

Digital Turbine'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
=	( (131.041	+	146.284)	/	2 )	/	72.422	*	365 / 4
=	138.6625					/	72.422	*	365 / 4
=	174.71

Digital Turbine Days Payable Related Terms

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Digital Turbine (FRA:4MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Turbine Inc (FRA:4MD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

APPS:USA

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

Digital Turbine (FRA:4MD) Headlines

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