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KSEZ (Kinetic Seas) Days Payable : 110.19 (As of Sep. 2024)


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What is Kinetic Seas Days Payable?

Kinetic Seas's average Accounts Payable for the three months ended in Sep. 2024 was $0.06 Mil. Kinetic Seas's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.05 Mil. Hence, Kinetic Seas's Days Payable for the three months ended in Sep. 2024 was 110.19.

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

KSEZ' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 122.51
Current: 122.51

During the past 2 years, Kinetic Seas's highest Days Payable was 122.51. The lowest was 0.00. And the median was 0.00.

KSEZ's Days Payable is ranked better than
73.98% of 2556 companies
in the Software industry
Industry Median: 51.245 vs KSEZ: 122.51

Kinetic Seas's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (110.19). It may suggest that Kinetic Seas delayed paying its suppliers.

Kinetic Seas Days Payable Historical Data

The historical data trend for Kinetic Seas'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.

Kinetic Seas Days Payable Chart

Kinetic Seas Annual Data
Trend Dec22 Dec23
Days Payable
- -

Kinetic Seas Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 171.09 38.83 110.19

Competitive Comparison of Kinetic Seas's Days Payable

For the Information Technology Services subindustry, Kinetic Seas'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.

Kinetic Seas's Days Payable Distribution in the Software Industry

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

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


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Kinetic Seas 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.

Kinetic Seas'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
=( (0.012 + 0) / 1 ) / 0*365
=0.012 / 0*365
=N/A

Kinetic Seas'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
=( (0.025 + 0.103) / 2 ) / 0.053*365 / 4
=0.064 / 0.053*365 / 4
=110.19

* 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.

Kinetic Seas Days Payable Related Terms

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Kinetic Seas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Kinetic Seas Inc (OTCPK:KSEZ) » Definitions » Days Payable
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Traded in Other Exchanges
N/A
Address
1501 E. Woodfield Road, Suite 114E, Schaumburg, IL, USA, 60173
Website
https://www.kineticseas.com
Kinetic Seas Inc is an Artificial Intelligence Consulting, research and development, and Infrastructure Solutions company. The projects and Tools of the company include Kinetic PDF, Kinetic eMail, and Kinetic Forms.