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Mobivity Holdings (Mobivity Holdings) Days Payable : 204.58 (As of Dec. 2023)


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What is Mobivity Holdings Days Payable?

Mobivity Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $3.43 Mil. Mobivity Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.53 Mil. Hence, Mobivity Holdings's Days Payable for the three months ended in Dec. 2023 was 204.58.

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

MFON' s Days Payable Range Over the Past 10 Years
Min: 93.64   Med: 158.51   Max: 247.84
Current: 243.32

During the past 13 years, Mobivity Holdings's highest Days Payable was 247.84. The lowest was 93.64. And the median was 158.51.

MFON's Days Payable is ranked better than
86.01% of 2523 companies
in the Software industry
Industry Median: 51.44 vs MFON: 243.32

Mobivity Holdings's Days Payable declined from Dec. 2022 (280.92) to Dec. 2023 (204.58). It may suggest that Mobivity Holdings accelerated paying its suppliers.


Mobivity Holdings Days Payable Historical Data

The historical data trend for Mobivity 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.

Mobivity Holdings Days Payable Chart

Mobivity 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 153.33 199.52 244.31 247.84 241.38

Mobivity 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 280.92 288.86 226.89 274.10 204.58

Competitive Comparison of Mobivity Holdings's Days Payable

For the Software - Application subindustry, Mobivity 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.


Mobivity Holdings's Days Payable Distribution in the Software Industry

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

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



Mobivity 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.

Mobivity 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
=( (3.413 + 3.372) / 2 ) / 5.13*365
=3.3925 / 5.13*365
=241.38

Mobivity 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
=( (3.493 + 3.372) / 2 ) / 1.531*365 / 4
=3.4325 / 1.531*365 / 4
=204.58

* 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.


Mobivity Holdings Days Payable Related Terms

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Mobivity Holdings (Mobivity Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3133 West Frye Road, Suite 215, Chandler, AZ, USA, 85225
Mobivity Holdings Corp develops and operates proprietary platforms over which enterprises conduct data-driven mobile marketing campaigns. Its proprietary platforms, consisting of software available to phones, tablets, PCs, and Point of Sale ('POS") systems, allow resellers, brands and enterprises to market their products and services to consumers through text messages sent directly to consumers via mobile phones, mobile smartphone applications, and dynamically printed receipt content. The company generates revenue by charging the resellers, brands and enterprises a per-message transactional fee, through fixed or variable software licensing fees.
Executives
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
William T. Sanchez officer: CHIEF FINANCIAL OFFICER C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Skye Fossey-tomaske officer: Interim CFO 3133 WEST FRYE ROAD, SUITE 215, CHANDLER AZ 85226
Talkot Capital, Llc 10 percent owner 2400 BRIDGEWAY, SUITE 300, SAUSALITO CA 94965
Lynn M. Tiscareno officer: Chief Financial Officer C/O MOBIVITY HOLDINGS CORP.,, 55 NORTH ARIZONA PLACE #310, CHANDLER AZ 85225
Charles B Mathews officer: CFO 1660 E. TRADEWIND CT., GILBERT AZ 85284
Dennis Ronald Becker director, officer: CEO 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Van Epps William M director 2002 PAPA JOHNS BOVD, PO BOX 999000, LLOUISVILLE KY 40269-0900
Christopher Meinerz officer: CFO 8700 E. VISTA BONITA DRIVE, SUITE 260, SCOTTSDALE AZ 85255
Michael K Bynum director, officer: President P.O. BOX 28, SPRINGER OK 73458
Philip Guarascio director
Tim Schatz officer: Chief Financial Officer 8929 AERO DRIVE, SUITE E, SAN DIEGO CA 92123
Peter S Brodsky director C/O HM CAPITAL PARTNERS, 200 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Porter Capital Management Co 10 percent owner 300 DRAKES LANDING ROAD, SUITE 171, GREENBRAE CA 94904
Geri Suster officer: Chief Operating Officer 58 W. BUFFALO ST, SUITE 200, CHANDLER AZ 85225