Rubicon Technologies (MEX:RBT) Days Payable : 42.18 (As of Mar. 2024)

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What is Rubicon Technologies Days Payable?

Rubicon Technologies's average Accounts Payable for the three months ended in Mar. 2024 was MXN1,185 Mil. Rubicon Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was MXN2,562 Mil. Hence, Rubicon Technologies's Days Payable for the three months ended in Mar. 2024 was 42.18.

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

MEX:RBT' s Days Payable Range Over the Past 10 Years
Min: 19.9 Med: 29.22 Max: 40.32
Current: 40.32

During the past 5 years, Rubicon Technologies's highest Days Payable was 40.32. The lowest was 19.90. And the median was 29.22.

MEX:RBT's Days Payable is ranked worse than
57.05% of 2526 companies
in the Software industry
Industry Median: 49.695 vs MEX:RBT: 40.32

Rubicon Technologies's Days Payable declined from Mar. 2023 (43.68) to Mar. 2024 (42.18). It may suggest that Rubicon Technologies accelerated paying its suppliers.

Rubicon Technologies Days Payable Historical Data

The historical data trend for Rubicon 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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Rubicon Technologies Days Payable Chart

Rubicon Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

19.90

23.77

28.80

35.25

42.76

Rubicon Technologies Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									43.68	44.58	35.93	34.82	42.18

Competitive Comparison of Rubicon Technologies's Days Payable

For the Software - Application subindustry, Rubicon 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.

Rubicon Technologies's Days Payable Distribution in the Software Industry

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

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

Rubicon 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.

Rubicon Technologies'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
=	( (1464.403	+	1111.219)	/	2 )	/	10993.049	*	365
=	1287.811					/	10993.049	*	365
=	42.76

Rubicon Technologies's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1111.219	+	1257.98)	/	2 )	/	2562.495	*	365 / 4
=	1184.5995					/	2562.495	*	365 / 4
=	42.18

Rubicon Technologies Days Payable Related Terms

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Rubicon Technologies (MEX:RBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubicon Technologies Inc (MEX:RBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RBTC:USA

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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