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ALKT (Alkami Technology) Days Payable : 12.88 (As of Mar. 2025)


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What is Alkami Technology Days Payable?

Alkami Technology's average Accounts Payable for the three months ended in Mar. 2025 was $5.7 Mil. Alkami Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was $40.1 Mil. Hence, Alkami Technology's Days Payable for the three months ended in Mar. 2025 was 12.88.

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

ALKT' s Days Payable Range Over the Past 10 Years
Min: 2.46   Med: 12.9   Max: 18.1
Current: 14.69

During the past 6 years, Alkami Technology's highest Days Payable was 18.10. The lowest was 2.46. And the median was 12.90.

ALKT's Days Payable is ranked worse than
87.21% of 2557 companies
in the Software industry
Industry Median: 54.45 vs ALKT: 14.69

Alkami Technology's Days Payable declined from Mar. 2024 (19.92) to Mar. 2025 (12.88). It may suggest that Alkami Technology accelerated paying its suppliers.


Alkami Technology Days Payable Historical Data

The historical data trend for Alkami Technology'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.

Alkami Technology Days Payable Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 2.46 10.70 15.10 17.79 18.10

Alkami Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 19.92 16.84 14.72 14.67 12.88

Competitive Comparison of Alkami Technology's Days Payable

For the Software - Application subindustry, Alkami Technology'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.


Alkami Technology's Days Payable Distribution in the Software Industry

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

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


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Alkami Technology 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.

Alkami Technology's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (7.478 + 6.129) / 2 ) / 137.219*365
=6.8035 / 137.219*365
=18.10

Alkami Technology's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (6.129 + 5.18) / 2 ) / 40.075*365 / 4
=5.6545 / 40.075*365 / 4
=12.88

* 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.


Alkami Technology Days Payable Related Terms

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Alkami Technology Business Description

Traded in Other Exchanges
Address
5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024
Alkami Technology Inc is a cloud-based digital banking solutions provider. The company's solution, the Alkami Digital Banking Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency, all with the support of a proprietary, true cloud-based, multi-tenant architecture.
Executives
Alex Shootman director, officer: Chief Executive Officer 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
W Bryan Hill officer: Chief Financial Officer
Douglas A. Linebarger officer: Chief Legal Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon officer: Chf. Strategist & Sales Offr. C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
S3 Ventures Fund Iii, L.p. director, 10 percent owner 6300 BRIDGE POINT PARKWAY, BLDG. 1, SUITE 405, AUSTIN TX 78730
George B Kaiser director, 10 percent owner C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Maria Ines Alvarez director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen director, officer: Chief Executive Officer
Kristy Ramundi officer: Chief Accounting Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gary Lynn Nelson director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947