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Blackboxstocks (Blackboxstocks) Days Payable

: 163.92 (As of Dec. 2023)
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Blackboxstocks's average Accounts Payable for the three months ended in Dec. 2023 was $0.83 Mil. Blackboxstocks's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.46 Mil. Hence, Blackboxstocks's Days Payable for the three months ended in Dec. 2023 was 163.92.

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

BLBX' s Days Payable Range Over the Past 10 Years
Min: 92.58   Med: 160.88   Max: 303.38
Current: 180.62

During the past 11 years, Blackboxstocks's highest Days Payable was 303.38. The lowest was 92.58. And the median was 160.88.

BLBX's Days Payable is ranked better than
81.76% of 2522 companies
in the Software industry
Industry Median: 51.51 vs BLBX: 180.62

Blackboxstocks's Days Payable increased from Dec. 2022 (131.94) to Dec. 2023 (163.92). It may suggest that Blackboxstocks delayed paying its suppliers.


Blackboxstocks Days Payable Historical Data

The historical data trend for Blackboxstocks'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.

Blackboxstocks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 303.38 149.55 92.58 115.41 172.20

Blackboxstocks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 131.94 173.64 184.32 219.75 163.92

Competitive Comparison

For the Software - Application subindustry, Blackboxstocks'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.


Blackboxstocks Days Payable Distribution

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

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



Blackboxstocks 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.

Blackboxstocks'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
=( (0.73 + 0.842) / 2 ) / 1.666*365
=0.786 / 1.666*365
=172.20

Blackboxstocks'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
=( (0.825 + 0.842) / 2 ) / 0.464*365 / 4
=0.8335 / 0.464*365 / 4
=163.92

* 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.


Blackboxstocks Days Payable Related Terms

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


Blackboxstocks (Blackboxstocks) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1485, Dallas, TX, USA, 75240
Blackboxstocks Inc is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Its web-based software (the Blackbox System) employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that may result in a rapid change in the price of a stock or option. It provides users with a fully interactive social media platform that is integrated into its dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network. It introduced a live audio/video feature that allows members to broadcast on their channels to share trading strategies and market insight within the Blackbox community.
Executives
Gust Kepler director, 10 percent owner, officer: President 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Ray Balestri director 4211 LAKESIDE DRIVE, DALLAS TX 75219
Charles Brandon Smith officer: Chief Technology Officer 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Robert L Winspear director, officer: Chief Financial Officer 2200 ROSE AVENUE SUITE 4100 EAST, DALLAS TX 75201
Andrew T Malloy director 19111 NORTH DALLAS PARKWAY, SUITE 200, DALLAS NJ 75287
Dalya Sulaiman director MERKEZ MAH. CAVUSBASI CAD., LALEZAR KONATLAR A-7, CEKMEKOY, ISTANBUL W8 34782
Eric Pharis 10 percent owner 2 LAKE FOREST COURT, TROPHY CLUB TX 76262
Stephen Chiang 10 percent owner 8 KITCHENER LINK, CITY SQUARE RESIDENCES #21-14, SINGAPORE U0 207226
Karma Blackbox, Llc 10 percent owner 2 LAKE FOREST COURT, TROPHY CLUB TX 76262
David Kyle 10 percent owner 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Orsolya Peresztegi director, 10 percent owner, officer: Pres, Secy, CEO, CFO 2591 DALLAS PARKWAY, SUITE 102, FRISCO TX 75034

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