Ankam (ANKM) Days Payable : 0.00 (As of Nov. 2024)

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What is Ankam Days Payable?

Ankam's average Accounts Payable for the three months ended in Nov. 2024 was $0.00 Mil. Ankam's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.07 Mil. Hence, Ankam's Days Payable for the three months ended in Nov. 2024 was 0.00.

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

ANKM' s Days Payable Range Over the Past 10 Years
Min: 151.48 Med: 1728.8 Max: 3206.79
Current: 151.48

During the past 4 years, Ankam's highest Days Payable was 3206.79. The lowest was 151.48. And the median was 1728.80.

ANKM's Days Payable is not ranked
in the Software industry.
Industry Median: 50.4 vs ANKM: 151.48

Ankam's Days Payable declined from Nov. 2023 (172.13) to Nov. 2024 (0.00). It may suggest that Ankam accelerated paying its suppliers.

Ankam Days Payable Historical Data

The historical data trend for Ankam'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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Ankam Days Payable Chart

Ankam Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

Days Payable

3,206.79

250.81

Ankam Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial										172.13	-	-	-	-

Competitive Comparison of Ankam's Days Payable

For the Software - Application subindustry, Ankam'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.

Ankam's Days Payable Distribution in the Software Industry

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

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

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Ankam 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.

Ankam's Days Payable for the fiscal year that ended in Nov. 2024 is calculated as

	Days Payable (A: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2023 )	+	Accounts Payable (A: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.199	*	365
=	0					/	0.199	*	365
=	0.00

Ankam's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.065	*	365 / 4
=	0					/	0.065	*	365 / 4
=	0.00

Ankam Days Payable Related Terms

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Ankam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ankam Inc (OTCPK:ANKM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.ankam.net

Ankam Inc actively works in two directions: application development MoneySaver App and crypto wallet project. MoneySaver App is an application created to aggregate various discount cards on a mobile device. The main advantage of the MoneySaver App is that the user can easily access any discounts at any moment from anywhere. The idea of the app appeared as a way of simplifying the use of discount cards, enabling people to share them with anyone and get new discounts. It is also focused on developing and implementing the cryptocurrency wallet project. The Company creates a service with the ability to manage cryptocurrency funds. The cryptocurrency wallet will have the functionality of buying coins by bank deposit and payment gateway.

Ankam Headlines

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