Airtasker (ASX:ART) Days Payable : 378.20 (As of Dec. 2024)

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What is Airtasker Days Payable?

Airtasker's average Accounts Payable for the six months ended in Dec. 2024 was A$2.26 Mil. Airtasker's Cost of Goods Sold for the six months ended in Dec. 2024 was A$1.09 Mil. Hence, Airtasker's Days Payable for the six months ended in Dec. 2024 was 378.20.

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

ASX:ART' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 826.15
Current: 826.15

During the past 4 years, Airtasker's highest Days Payable was 826.15. The lowest was 0.00. And the median was 0.00.

ASX:ART's Days Payable is ranked better than
92.17% of 434 companies
in the Interactive Media industry
Industry Median: 64.18 vs ASX:ART: 826.15

Airtasker's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (378.20). It may suggest that Airtasker delayed paying its suppliers.

Airtasker Days Payable Historical Data

The historical data trend for Airtasker'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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Airtasker Days Payable Chart

Airtasker Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Payable

Airtasker Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial				-	-	-	-	378.20

Competitive Comparison of Airtasker's Days Payable

For the Internet Content & Information subindustry, Airtasker'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.

Airtasker's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Airtasker's Days Payable distribution charts can be found below:

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

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Airtasker 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.

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

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (1.549	+	1.543)	/	2 )	/	0	*	365
=	1.546					/	0	*	365
=	N/A

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.543	+	2.983)	/	2 )	/	1.092	*	365 / 2
=	2.263					/	1.092	*	365 / 2
=	378.20

Airtasker Days Payable Related Terms

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Airtasker Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Airtasker Ltd (ASX:ART) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000

Website

https://www.airtasker.com

Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services, with people who are looking to earn money and ready to work. It helps to complete home cleaning, handyman jobs, admin work, photography, graphic design or even build a website. The company generates revenue from service fees and stored value brokerage.

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