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Spok Holdings (Spok Holdings) Days Payable : 68.53 (As of Dec. 2023)


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What is Spok Holdings Days Payable?

Spok Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $5.2 Mil. Spok Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.9 Mil. Hence, Spok Holdings's Days Payable for the three months ended in Dec. 2023 was 68.53.

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

SPOK' s Days Payable Range Over the Past 10 Years
Min: 15.01   Med: 28.98   Max: 80.63
Current: 75.46

During the past 13 years, Spok Holdings's highest Days Payable was 80.63. The lowest was 15.01. And the median was 28.98.

SPOK's Days Payable is ranked better than
59.08% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs SPOK: 75.46

Spok Holdings's Days Payable declined from Dec. 2022 (77.64) to Dec. 2023 (68.53). It may suggest that Spok Holdings accelerated paying its suppliers.


Spok Holdings Days Payable Historical Data

The historical data trend for Spok Holdings'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.

Spok Holdings Days Payable Chart

Spok Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.51 60.74 67.32 72.13 80.63

Spok Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 77.64 73.57 77.50 77.26 68.53

Competitive Comparison of Spok Holdings's Days Payable

For the Health Information Services subindustry, Spok Holdings'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.


Spok Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Days Payable distribution charts can be found below:

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



Spok Holdings 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.

Spok Holdings'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
=( (5.88 + 5.969) / 2 ) / 26.818*365
=5.9245 / 26.818*365
=80.63

Spok Holdings'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
=( (4.445 + 5.969) / 2 ) / 6.933*365 / 4
=5.207 / 6.933*365 / 4
=68.53

* 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.


Spok Holdings Days Payable Related Terms

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Spok Holdings (Spok Holdings) Business Description

Traded in Other Exchanges
Address
5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315
Spok Holdings Inc is a provider of healthcare communications. It reports three market segments namely Healthcare, Government, and Large enterprise. The company provides paging services and software solutions in the United States and abroad.
Executives
Vincent D Kelly director, officer: President & CEO C/O RENTON MEDIA INC, 1300 EAST NINTH ST, CLEVELAND OH 44114
Sharon Woods-keisling officer: Corporate Secretary, Treasurer 6677 RICHMOND HIGHWAY, ALEXANDRIA VA 22306
Michael W Wallace officer: Chief Financial Officer SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Calvin Rice officer: Controller C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Todd J Stein director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Barbara Peterson Byrne director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22315
Randy Hyun director C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY 6TH FLR, ALEXANDRIA VA 22315
Matthew Oristano director C/O ARCH WIRELESS INC, 1800 WEST PARK DR. #250, WESTBOROUGH MA 01581
Brian Oreilly director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Christine Cournoyer director 150 SHAW ROAD, CHESTNUT MA 02467
Brett A Shockley director 7125 NORTHLAND TERRACE, MINNEAPOLIS MN 55428
Royce Yudkoff director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Stacia Hylton director 6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Tom Saine officer: Chief Technology Officer 6677 RICHMOND HIGHWAY, ALEXANDIRA VA 22306
Ted Peterman officer: Controller C/O SPōK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151

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