Ability (Ability) Days Payable : 1,516.21 (As of Dec. 2021)

View and export this data going back to 2014. Start your Free Trial

What is Ability Days Payable?

Ability's average Accounts Payable for the six months ended in Dec. 2021 was $6.77 Mil. Ability's Cost of Goods Sold for the six months ended in Dec. 2021 was $0.82 Mil. Hence, Ability's Days Payable for the six months ended in Dec. 2021 was 1,516.21.

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

ABILF's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 67.95
* Ranked among companies with meaningful Days Payable only.

Ability's Days Payable increased from Dec. 2020 (466.90) to Dec. 2021 (1,516.21). It may suggest that Ability delayed paying its suppliers.

Ability Days Payable Historical Data

The historical data trend for Ability'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.

Ability Days Payable Chart

Ability Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

555.96

888.08

401.62

413.78

980.91

Ability Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Days Payable	Get a 7-Day Free Trial												360.88	389.24	466.90	790.22	1,516.21

Competitive Comparison of Ability's Days Payable

For the Communication Equipment subindustry, Ability'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.

Ability's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ability's Days Payable distribution charts can be found below:

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

Ability 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.

Ability's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (3.384	+	7.097)	/	2 )	/	1.95	*	365
=	5.2405					/	1.95	*	365
=	980.91

Ability's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (6.445	+	7.097)	/	2 )	/	0.815	*	365 / 2
=	6.771					/	0.815	*	365 / 2
=	1,516.21

Ability Days Payable Related Terms

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

Ability (Ability) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ability Inc (OTCPK:ABILF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yad Harutzim 14, Tel Aviv, ISR, 6770007

Website

https://www.interceptors.com

Ability Inc is a holding company which provides advanced interception, geolocation and cyber intelligence products and solutions that serve the needs and increasing challenges of security and intelligence agencies, military forces, law enforcement agencies and homeland security agencies across the world. The company specializes in offering off-air interception of voice, SMS, and data communication from both cellular and satellite communication networks and deciphering solutions for both cellular and satellite communications. Its portfolio of cellular communications solutions includes interception of voice, SMS, and data, an advanced geolocation system, and cyber solutions. Most of the company's revenue comes from the Asia region.

Executives

Benjamin Gordon	director	C/O CAMBRIDGE CAPITAL ACQUISITION CORP, 525 SOUTH FLAGLER DRIVE, SUITE 201, WEST PALM BEACH FL 33401
Derek Zissman	director	YAD HARUTZIM 14, TEL AVIV L3 677077
Efraim Halevy	director	YAD HARUTZIM 14, TEL AVIV L3 677077
Alexander Aurovsky	director, 10 percent owner, officer: Chief Technology Officer	YAD HARUTZIM 14, TEL AVIV L3 677077
Anatoly Hurgin	director, 10 percent owner, officer: Chief Executive Officer	YAD HARUTZIM 14, TEL AVIV L3 677077
Avi Levin	officer: Chief Financial Officer	YAD HARUTZIM 14, TEL AVIV L3 677077