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BITE.U (Bite Acquisition) Days Payable : 0.00 (As of Mar. 2024)


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What is Bite Acquisition Days Payable?

Bite Acquisition's average Accounts Payable for the three months ended in Mar. 2024 was $2.37 Mil. Bite Acquisition's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

BITE.U's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 109.5
* Ranked among companies with meaningful Days Payable only.

Bite Acquisition's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Bite Acquisition Days Payable Historical Data

The historical data trend for Bite Acquisition'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.

Bite Acquisition Days Payable Chart

Bite Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- - - -

Bite Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Bite Acquisition's Days Payable

For the Shell Companies subindustry, Bite Acquisition'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.

Bite Acquisition's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bite Acquisition's Days Payable distribution charts can be found below:

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


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Bite Acquisition 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.

Bite Acquisition'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
=( (0.258 + 2.279) / 2 ) / 0*365
=1.2685 / 0*365
=N/A

Bite Acquisition's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.279 + 2.47) / 2 ) / 0*365 / 4
=2.3745 / 0*365 / 4
=N/A

* 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.

Bite Acquisition Days Payable Related Terms

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Bite Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bite Acquisition Corp (AMEX:BITE.U) » Definitions » Days Payable
Comparable Companies
GLLI EMCG WRAC BLEU ALTU MOBV NRAC WEL AACI DISA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
720 North State Street, Chicago, IL, USA, 60654
Website
https://www.biteacquisitioncorp.com
Bite Acquisition Corp is a blank check company.
Executives
Cortes Jose Luis Guerrero officer: Chief Financial Officer 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Losa Jesus O. Lanza director 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Luis Doporto Alejandre director 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Julia A Stewart director 4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Joseph C. Essa director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Smart Dine, Llc 10 percent owner 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Axel Molet Warschawski officer: Chief Financial Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Randall Hiatt director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Alberto Ardura Gonzalez director, officer: Chief Executive Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Gomez Rafael Felipe De Jesus Aguirre director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004