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DTMXF (DataMetrex AI) Days Payable : 223.68 (As of Sep. 2024)


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What is DataMetrex AI Days Payable?

DataMetrex AI's average Accounts Payable for the three months ended in Sep. 2024 was $1.39 Mil. DataMetrex AI's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.57 Mil. Hence, DataMetrex AI's Days Payable for the three months ended in Sep. 2024 was 223.68.

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

DTMXF' s Days Payable Range Over the Past 10 Years
Min: 52.97   Med: 338.19   Max: 960.35
Current: 478.33

During the past 11 years, DataMetrex AI's highest Days Payable was 960.35. The lowest was 52.97. And the median was 338.19.

DTMXF's Days Payable is ranked better than
92.87% of 2523 companies
in the Software industry
Industry Median: 48.75 vs DTMXF: 478.33

DataMetrex AI's Days Payable increased from Mar. 2023 (116.86) to Sep. 2024 (223.68). It may suggest that DataMetrex AI delayed paying its suppliers.


DataMetrex AI Days Payable Historical Data

The historical data trend for DataMetrex AI'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.

DataMetrex AI Days Payable Chart

DataMetrex AI Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 965.94 561.06 106.67 52.95

DataMetrex AI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
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 116.86 320.36 192.16 231.28 223.68

Competitive Comparison of DataMetrex AI's Days Payable

For the Information Technology Services subindustry, DataMetrex AI'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.


DataMetrex AI's Days Payable Distribution in the Software Industry

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

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



DataMetrex AI 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.

DataMetrex AI's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (2.675 + 3.672) / 2 ) / 21.876*365
=3.1735 / 21.876*365
=52.95

DataMetrex AI's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.206 + 1.564) / 2 ) / 0.565*365 / 4
=1.385 / 0.565*365 / 4
=223.68

* 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.


DataMetrex AI Days Payable Related Terms

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DataMetrex AI Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
DataMetrex AI Ltd is a information technology company. The Company focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of data. Its operating segments are AI & technology and Health Security segment. Its geographical segments are Canada and South Korea.

DataMetrex AI Headlines

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