Frankly (Frankly) Days Payable : 122.11 (As of Sep. 2019)

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What is Frankly Days Payable?

Frankly's average Accounts Payable for the three months ended in Sep. 2019 was $3.69 Mil. Frankly's Cost of Goods Sold for the three months ended in Sep. 2019 was $2.75 Mil. Hence, Frankly's Days Payable for the three months ended in Sep. 2019 was 122.11.

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

FRNKF's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.54
* Ranked among companies with meaningful Days Payable only.

Frankly's Days Payable declined from Sep. 2018 (152.38) to Sep. 2019 (122.11). It may suggest that Frankly accelerated paying its suppliers.

Frankly Days Payable Historical Data

The historical data trend for Frankly'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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Frankly Days Payable Chart

Frankly Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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532.48

143.95

157.49

190.06

Frankly Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Payable	Get a 7-Day Free Trial															152.38	148.99	322.44	130.42	122.11

Competitive Comparison of Frankly's Days Payable

For the Software - Application subindustry, Frankly'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.

Frankly's Days Payable Distribution in the Software Industry

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

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

Frankly 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.

Frankly's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (5.741	+	5.977)	/	2 )	/	11.252	*	365
=	5.859					/	11.252	*	365
=	190.06

Frankly's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (3.698	+	3.673)	/	2 )	/	2.754	*	365 / 4
=	3.6855					/	2.754	*	365 / 4
=	122.11

Frankly Days Payable Related Terms

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Frankly (Frankly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Frankly Inc (OTCPK:FRNKF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-01 Queens Plaza North, Suite 502, Long Island City, NY, USA, 11101

Website

https://www.franklyinc.com

Frankly Inc is a is a Canada-based company that provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system, web and mobile publishing, social engagement and monetization. Its software enables site owners to design, build, and host sites to publish local content and information on digital platforms. The company also sources national and local advertising for its customers to distribute over multiple consumer devices.

Executives