Paltalk (Paltalk) Days Payable : 80.43 (As of Dec. 2023)

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What is Paltalk Days Payable?

Paltalk's average Accounts Payable for the three months ended in Dec. 2023 was $0.74 Mil. Paltalk's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.84 Mil. Hence, Paltalk's Days Payable for the three months ended in Dec. 2023 was 80.43.

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

PALT' s Days Payable Range Over the Past 10 Years
Min: 89.44 Med: 151.68 Max: 263.59
Current: 89.44

During the past 13 years, Paltalk's highest Days Payable was 263.59. The lowest was 89.44. And the median was 151.68.

PALT's Days Payable is ranked better than
66.3% of 2519 companies
in the Software industry
Industry Median: 50.96 vs PALT: 89.44

Paltalk's Days Payable declined from Dec. 2022 (124.09) to Dec. 2023 (80.43). It may suggest that Paltalk accelerated paying its suppliers.

Paltalk Days Payable Historical Data

The historical data trend for Paltalk'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.

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Paltalk Days Payable Chart

Paltalk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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221.36

124.13

139.22

151.67

101.79

Paltalk 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															124.09	103.31	87.30	74.98	80.43

Competitive Comparison of Paltalk's Days Payable

For the Software - Application subindustry, Paltalk'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.

Paltalk's Days Payable Distribution in the Software Industry

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

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

Paltalk 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.

Paltalk'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
=	( (1.014	+	0.792)	/	2 )	/	3.238	*	365
=	0.903					/	3.238	*	365
=	101.79

Paltalk'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
=	( (0.68	+	0.792)	/	2 )	/	0.835	*	365 / 4
=	0.736					/	0.835	*	365 / 4
=	80.43

Paltalk Days Payable Related Terms

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Paltalk (Paltalk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paltalk Inc (NAS:PALT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Jericho Executive Plaza, Suite 400E, Jericho, NY, USA, 11753

Website

https://www.paltalk.com

Paltalk Inc is a communications software innovator. It operates a network of consumer applications where users can meet, see, chat, broadcast and message in real-time in a secure environment with others in the network. The company's product portfolio includes Paltalk, Camfrog, Tinychat and Vumber. Its consumer applications generate revenue principally from subscription fees and advertising arrangements. The company's major revenue-generating live video chat products are Paltalk and Camfrog.

Executives

Geoffrey Cook	director	280 UNION SQUARE DRIVE, NEW HOPE PA 18938
J. Crew Delaware Trust B	10 percent owner	J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713
Jason Katz	director, officer: CHMN of the Board, PRES & COO	C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017
Adam Zalko	officer: Vice President of Engineering	30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753
Yoram Abada	director	C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Clifford Lerner	director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors	462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Kara B Jenny	officer: Chief Financial Officer	C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905
Michael Gwynne Jones	director	24460 MALIBU ROAD, MALIBU CA 90265
Lance Laifer	director	1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545
John Silberstein	director	C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Michael Levit	director	C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Eric Sackowitz	officer: Chief Technology Officer	C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Arash Vakil	officer: Chief Product Officer	C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
J. Crew Delaware Trust A	10 percent owner	C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713
Judy Krandel	director	320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018