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MATH (Metalpha Technology Holding) Days Payable : 986.09 (As of Sep. 2024)


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What is Metalpha Technology Holding Days Payable?

Metalpha Technology Holding's average Accounts Payable for the six months ended in Sep. 2024 was $59.80 Mil. Metalpha Technology Holding's Cost of Goods Sold for the six months ended in Sep. 2024 was $11.07 Mil. Hence, Metalpha Technology Holding's Days Payable for the six months ended in Sep. 2024 was 986.09.

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

MATH' s Days Payable Range Over the Past 10 Years
Min: 9.54   Med: 61.9   Max: 1267.47
Current: 920.47

During the past 10 years, Metalpha Technology Holding's highest Days Payable was 1267.47. The lowest was 9.54. And the median was 61.90.

MATH's Days Payable is ranked better than
79.42% of 520 companies
in the Capital Markets industry
Industry Median: 111.815 vs MATH: 920.47

Metalpha Technology Holding's Days Payable increased from Sep. 2023 (937.88) to Sep. 2024 (986.09). It may suggest that Metalpha Technology Holding delayed paying its suppliers.


Metalpha Technology Holding Days Payable Historical Data

The historical data trend for Metalpha Technology Holding'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.

Metalpha Technology Holding Days Payable Chart

Metalpha Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 313.75 69.64 577.63 1,267.47

Metalpha Technology Holding Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 341.76 937.88 1,040.81 986.09

Competitive Comparison of Metalpha Technology Holding's Days Payable

For the Capital Markets subindustry, Metalpha Technology Holding'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.


Metalpha Technology Holding's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Days Payable distribution charts can be found below:

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


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Metalpha Technology Holding 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.

Metalpha Technology Holding's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (11.612 + 65.728) / 2 ) / 11.136*365
=38.67 / 11.136*365
=1,267.47

Metalpha Technology Holding'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: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (65.728 + 53.878) / 2 ) / 11.068*365 / 2
=59.803 / 11.068*365 / 2
=986.09

* 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.


Metalpha Technology Holding Days Payable Related Terms

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Metalpha Technology Holding Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and derives a majority of its revenue from Hong Kong.