MMND (Mastermind) Days Payable: 31.10 (As of Sep. 2024)


What is Mastermind Days Payable?

Mastermind MMND Days Payable is 31.10 as of Sep. 2024.

Mastermind's average Accounts Payable for the three months ended in Sep. 2024 was $0.08 Mil. Mastermind's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.22 Mil. Hence, Mastermind's Days Payable for the three months ended in Sep. 2024 was 31.10.

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

MMND's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.91
* Ranked among companies with meaningful Days Payable only.

Mastermind's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (31.10). It may suggest that Mastermind delayed paying its suppliers.

Mastermind Days Payable Historical Data

* Premium members only.

The historical data trend for Mastermind'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.

Mastermind Days Payable Chart

Mastermind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.58 56.51 54.30 0.00 0.00

Mastermind Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 26.57 31.10

MMND vs AMNNF, APP, TTD: Days Payable Comparison

For the Advertising Agencies subindustry, Mastermind'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.

Mastermind Days Payable vs Media - Diversified Industry

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

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


Mastermind 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.

Mastermind's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 1.826*365
=0 / 1.826*365
=0.00

Mastermind'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
=( (0.076 + 0) / 1 ) / 0.223*365 / 4
=0.076 / 0.223*365 / 4
=31.10

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 31.10 mean?
Mastermind (MMND) has a Days Payable of 31.10 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mastermind and its competitors.
Is Mastermind's Days Payable too high?
Mastermind's current Days Payable is 31.10. The Media - Diversified industry median Days Payable is 83.91. Mastermind's value of 31.10 is 62.9% below this industry median.
How does Mastermind's Days Payable compare to AMNNF and APP?
Mastermind's Days Payable of 31.10 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.91. Mastermind's value of 31.10 is 62.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.91, based on 913 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mastermind's current Days Payable of 31.10 is 62.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mastermind and its competitors. For the Media - Diversified industry, the median Days Payable is 83.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastermind's current Days Payable is 31.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastermind stock overvalued right now?
Mastermind (MMND) has a current Days Payable of 31.10. The current Days Payable is 31.10 and 62.9% below the Media - Diversified industry median of 83.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mastermind (MMND), the current Days Payable is 31.10 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mastermind Business Description

Address 2221 Peachtree Road, North East, Suite D-134, Atlanta, GA, USA, 30309
Mastermind Inc is an involvement marketing service agency that designs, creates, and develops branding and marketing campaigns for large corporate clients. This involvement is achieved through multi-dimensional marketing campaigns that employ social, digital, mobile, content, influencer marketing, gamification, and promotion to drive greater sales and ROI.