WM Technology (FRA:833) Days Payable : 320.86 (As of Sep. 2024)

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What is WM Technology Days Payable?

WM Technology's average Accounts Payable for the three months ended in Sep. 2024 was €6.9 Mil. WM Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was €2.0 Mil. Hence, WM Technology's Days Payable for the three months ended in Sep. 2024 was 320.86.

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

FRA:833' s Days Payable Range Over the Past 10 Years
Min: 107.35 Med: 157.29 Max: 245.98
Current: 245.33

During the past 5 years, WM Technology's highest Days Payable was 245.98. The lowest was 107.35. And the median was 157.29.

FRA:833's Days Payable is ranked better than
86.72% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:833: 245.33

WM Technology's Days Payable increased from Sep. 2023 (37.94) to Sep. 2024 (320.86). It may suggest that WM Technology delayed paying its suppliers.

WM Technology Days Payable Historical Data

The historical data trend for WM Technology'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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WM Technology Days Payable Chart

WM Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

107.37

146.75

160.99

250.06

WM Technology Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial														37.94	132.77	318.92	342.73	320.86

Competitive Comparison of WM Technology's Days Payable

For the Software - Application subindustry, WM Technology'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.

WM Technology's Days Payable Distribution in the Software Industry

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

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

WM Technology 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.

WM Technology'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
=	( (9.026	+	6.715)	/	2 )	/	11.488	*	365
=	7.8705					/	11.488	*	365
=	250.06

WM Technology'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
=	( (7.58	+	6.246)	/	2 )	/	1.966	*	365 / 4
=	6.913					/	1.966	*	365 / 4
=	320.86

WM Technology Days Payable Related Terms

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WM Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WM Technology Inc (FRA:833) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAPS:USA

Address

41 Discovery, Irvine, CA, USA, 92618

Website

https://www.weedmaps.com

WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. Its revenues are derived primarily from monthly subscriptions to Weedmaps for Business, featured and deal listings and other WM Ad solutions. The Weedmaps for Business subscriptions generally have one-month terms that automatically renew unless notice of cancellation is provided in advance. Featured and deal listings and other WM Ad solutions are offered as add-on products to the Weedmaps for Business subscriptions. Featured and deal listings provide customers with premium placement ad solutions and discount and promotion pricing tools. Other WM Ad solutions include banner ads and promotion tiles on our marketplace ads.

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