Machten (Machten) Days Payable : 19.93 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Machten Days Payable?

Machten's average Accounts Payable for the three months ended in Sep. 2023 was $0.31 Mil. Machten's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.43 Mil. Hence, Machten's Days Payable for the three months ended in Sep. 2023 was 19.93.

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

MACT' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 41.24
Current: 41.24

During the past 0 years, Machten's highest Days Payable was 41.24. The lowest was 0.00. And the median was 0.00.

MACT's Days Payable is ranked worse than
79.13% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs MACT: 41.24

Machten's Days Payable increased from . 20 (0.00) to Sep. 2023 (19.93). It may suggest that Machten delayed paying its suppliers.

Machten Days Payable Historical Data

The historical data trend for Machten'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.

Machten Days Payable Chart

Machten Annual Data

Trend

Days Payable

Machten Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Days Payable	-	-	36.40	19.93

Competitive Comparison of Machten's Days Payable

For the Telecom Services subindustry, Machten'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.

Machten's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Days Payable distribution charts can be found below:

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

Machten 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.

Machten's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Machten's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.531	+	0.092)	/	2 )	/	1.426	*	365 / 4
=	0.3115					/	1.426	*	365 / 4
=	19.93

Machten Days Payable Related Terms

Thank you for viewing the detailed overview of Machten's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Machten (Machten) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Machten Inc (OTCPK:MACT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686

Website

Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc	10 percent owner	140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp	10 percent owner	401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore	officer: Interim CFO	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo	director	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller	director, officer: Chief Executive Officer	C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

Machten (Machten) Headlines

From GuruFocus

MachTen, Inc. Reports Results for the Second Quarter 2023

By Marketwired • 08-29-2023

MachTen, Inc. to Participate in Enhanced-ACAM & RUS ReConnect Programs

By Marketwired • 10-11-2023