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Adslot (ASX:ADS) Days Payable : 1,202.77 (As of Dec. 2023)


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What is Adslot Days Payable?

Adslot's average Accounts Payable for the six months ended in Dec. 2023 was A$3.68 Mil. Adslot's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.56 Mil. Hence, Adslot's Days Payable for the six months ended in Dec. 2023 was 1,202.77.

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

ASX:ADS' s Days Payable Range Over the Past 10 Years
Min: 64.36   Med: 98.88   Max: 1482.41
Current: 1482.41

During the past 13 years, Adslot's highest Days Payable was 1482.41. The lowest was 64.36. And the median was 98.88.

ASX:ADS's Days Payable is ranked better than
96.73% of 2535 companies
in the Software industry
Industry Median: 49.81 vs ASX:ADS: 1482.41

Adslot's Days Payable increased from Dec. 2022 (1,001.95) to Dec. 2023 (1,202.77). It may suggest that Adslot delayed paying its suppliers.


Adslot Days Payable Historical Data

The historical data trend for Adslot'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.

Adslot Days Payable Chart

Adslot Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.82 104.18 93.58 108.33 84.27

Adslot Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1,038.88 1,015.67 1,001.95 1,060.95 1,202.77

Competitive Comparison of Adslot's Days Payable

For the Software - Infrastructure subindustry, Adslot'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.


Adslot's Days Payable Distribution in the Software Industry

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

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



Adslot 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.

Adslot's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.239 + 0.262) / 2 ) / 1.085*365
=0.2505 / 1.085*365
=84.27

Adslot'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.262 + 7.093) / 2 ) / 0.558*365 / 2
=3.6775 / 0.558*365 / 2
=1,202.77

* 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.


Adslot Days Payable Related Terms

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Adslot (ASX:ADS) Business Description

Traded in Other Exchanges
N/A
Address
419 Collins Street, Level 2, Melbourne, VIC, AUS, 3000
Adslot Ltd is an internet technology and marketing company. The firm derives revenue from two principal activities: Trading Technology and Services. The majority of the revenue comes from Trading Technology that comprises Adslot - a media trading technology, and Symphony, workflow automation technology for media agencies, and the Services segment includes digital marketing services provided by the company's webfirm division and project-based customization of trading technology. The company reports its segments based on geographical locations: APAC (Australia, New Zealand, and Asia), EMEA (Europe, the Middle East, and Africa), and the Americas (North, Central, and South America), out of which the majority of the revenue comes from APAC.

Adslot (ASX:ADS) Headlines

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