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GMTH (GMTech) Days Payable : 0.00 (As of Jan. 2025)


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What is GMTech Days Payable?

GMTech's average Accounts Payable for the three months ended in Jan. 2025 was $0.00 Mil. GMTech's Cost of Goods Sold for the three months ended in Jan. 2025 was $0.00 Mil.

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

During the past 2 years, GMTech's highest Days Payable was 182.50. The lowest was 79.35. And the median was 130.93.

GMTH's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.93
* Ranked among companies with meaningful Days Payable only.

GMTech's Days Payable declined from Oct. 2023 (114.06) to Jan. 2025 (0.00). It may suggest that GMTech accelerated paying its suppliers.


GMTech Days Payable Historical Data

The historical data trend for GMTech'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.

GMTech Days Payable Chart

GMTech Annual Data
Trend Oct23 Oct24
Days Payable
79.35 182.50

GMTech Quarterly Data
Jan23 Jul23 Oct23 Jan24 Jul24 Oct24 Jan25
Days Payable Get a 7-Day Free Trial 114.06 91.25 - - -

Competitive Comparison of GMTech's Days Payable

For the Software - Infrastructure subindustry, GMTech'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.


GMTech's Days Payable Distribution in the Software Industry

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

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


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GMTech 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.

GMTech's Days Payable for the fiscal year that ended in Oct. 2024 is calculated as

Days Payable (A: Oct. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2023 ) + Accounts Payable (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (0.005 + 0) / 1 ) / 0.01*365
=0.005 / 0.01*365
=182.50

GMTech's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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.


GMTech Days Payable Related Terms

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GMTech Business Description

Traded in Other Exchanges
N/A
Address
45 Rockefeller Plaza, 21st Floor, New York, NY, USA, 10111
GMTech Inc is a holding company. Through its subsidiary, the company offers IT consulting services and development solutions for CRM systems, corporate websites, and mobile phone Apps. In addition to the IT consulting services, It is also planning to develop an automated and AI-powered development tool (AI-Development Tool) that can be used by small and medium businesses to design, develop, and maintain their CRM system, websites, and Apps more efficiently and automatically with fewer needs of external engineers and consultants.

GMTech Headlines

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