Madison Technologies (Madison Technologies) Days Payable : 0.00 (As of Jun. 2023)

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What is Madison Technologies Days Payable?

Madison Technologies's average Accounts Payable for the three months ended in Jun. 2023 was $0.39 Mil. Madison Technologies's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

MDEX's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.395
* Ranked among companies with meaningful Days Payable only.

Madison Technologies's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00). stayed the same

Madison Technologies Days Payable Historical Data

The historical data trend for Madison Technologies'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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Madison Technologies Days Payable Chart

Madison Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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8,486.25

4,988.33

196.98

Madison Technologies Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Madison Technologies's Days Payable

For the Broadcasting subindustry, Madison Technologies'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.

Madison Technologies's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Technologies's Days Payable distribution charts can be found below:

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

Madison Technologies 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.

Madison Technologies's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.283	+	0.372)	/	2 )	/	0	*	365
=	0.3275					/	0	*	365
=	N/A

Madison Technologies's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.386	+	0.388)	/	2 )	/	0	*	365 / 4
=	0.387					/	0	*	365 / 4
=	N/A

Madison Technologies Days Payable Related Terms

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Madison Technologies (Madison Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Park Avenue, 30th Floor, New York, NY, USA, 10022

Website

http://www.madisontech.io

Madison Technologies Inc is engaged in the Over-The-Air (OTA) content distribution platform to capitalize on the changing media and distribution landscape and on the growing OTA viewership in the U.S. The over-the-air programming carried on is expected to include entertainment, shopping, weather, sports, as well as religious networks and networks targeting select ethnic groups with content lease agreements as the prime source of revenue. It generates sales from its television stations.

Executives

Thomas James Brady	director, 10 percent owner, officer: CEO, CFO, Secretary Treasurer	750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7
Frank Mcenulty	director	4182 N. VIKING WAY, SUITE 216, LONG BEACH CA 90808-1475
Steven Cozine	director, 10 percent owner, officer: Secy/Treas	1460 BARCLAY ST. #701, NORTH VANCOUVER A1 V6G 1J5
Joseph Gallo	director, 10 percent owner, officer: President	4445 PATTERDALE DRIVE, NORTH VANCOUVER A1 V7R 4L8
Joel Haskins	director, 10 percent owner, officer: Treasurer	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7
Kevin Michael Stunder	director, 10 percent owner, officer: President	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7