DLT Resolution (DLT Resolution) Days Payable : 1,281.65 (As of Jun. 2023)

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What is DLT Resolution Days Payable?

DLT Resolution's average Accounts Payable for the three months ended in Jun. 2023 was $0.15 Mil. DLT Resolution's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.01 Mil. Hence, DLT Resolution's Days Payable for the three months ended in Jun. 2023 was 1,281.65.

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

DLTI' s Days Payable Range Over the Past 10 Years
Min: 239.02 Med: 320.18 Max: 770.56
Current: 770.56

During the past 13 years, DLT Resolution's highest Days Payable was 770.56. The lowest was 239.02. And the median was 320.18.

DLTI's Days Payable is ranked better than
94.71% of 2535 companies
in the Software industry
Industry Median: 49.81 vs DLTI: 770.56

DLT Resolution's Days Payable increased from Jun. 2022 (683.14) to Jun. 2023 (1,281.65). It may suggest that DLT Resolution delayed paying its suppliers.

DLT Resolution Days Payable Historical Data

The historical data trend for DLT Resolution'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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DLT Resolution Days Payable Chart

DLT Resolution Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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287.27

239.02

320.18

494.32

581.15

DLT Resolution Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															683.14	581.72	812.48	788.07	1,281.65

Competitive Comparison of DLT Resolution's Days Payable

For the Information Technology Services subindustry, DLT Resolution'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.

DLT Resolution's Days Payable Distribution in the Software Industry

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

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

DLT Resolution 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.

DLT Resolution's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.223	+	0.226)	/	2 )	/	0.141	*	365
=	0.2245					/	0.141	*	365
=	581.15

DLT Resolution's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.154	+	0.155)	/	2 )	/	0.011	*	365 / 4
=	0.1545					/	0.011	*	365 / 4
=	1,281.65

DLT Resolution Days Payable Related Terms

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DLT Resolution (DLT Resolution) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DLT Resolution Inc (OTCPK:DLTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5940 South Rainbow Boulevard, Suite 400-32132, Las Vegas, NV, USA, 89118

Website

https://www.dltresolution.com

DLT Resolution Inc operates in three industry segments: Blockchain Applications; Telecommunications; and Data Services which includes Image Capture, Data Collection, Data Phone Center Services, and Payment Processing. It offers secure data management, Information Technology (IT) and other telecommunications services in Canada and the United States. The company helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management. It also operates a Health Information Exchange providing the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA.