Market Cap : 792.35 M | Enterprise Value : 739.48 M | P/E (TTM) : 103.17 | P/B : 6.10 |
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Mitek Systems's Accounts Payable for the three months ended in Sep. 2020 was $3.9 Mil. Mitek Systems's Cost of Goods Sold for the three months ended in Sep. 2020 was $3.6 Mil. Hence, Mitek Systems's Days Payable for the three months ended in Sep. 2020 was 99.72.
During the past 13 years, Mitek Systems's highest Days Payable was 426.90. The lowest was 105.79. And the median was 161.69.
NAS:MITK's Days Payable is ranked higher thanMitek Systems's Days Payable declined from Sep. 2019 (100.46) to Sep. 2020 (99.72). It may suggest that Mitek Systems accelerated paying its suppliers.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* The bar in red indicates where Mitek Systems's Days Payable falls into.
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.
Mitek Systems's Days Payable for the fiscal year that ended in Sep. 2020 is calculated as
Days Payable | = | Accounts Payable | / | Cost of Goods Sold | * | Days in Period |
= | 3.909 | / | 13.192 | * | 365 | |
= | 108.16 |
Mitek Systems's Days Payable for the quarter that ended in Sep. 2020 is calculated as:
Days Payable | = | Accounts Payable | / | Cost of Goods Sold | * | Days in Period |
= | 3.909 | / | 3.577 | * | 365 / 4 | |
= | 99.72 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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