MOB (Mobilicom) Days Payable : 96.48 (As of Jun. 2024)

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What is Mobilicom Days Payable?

Mobilicom's average Accounts Payable for the six months ended in Jun. 2024 was $0.42 Mil. Mobilicom's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.80 Mil. Hence, Mobilicom's Days Payable for the six months ended in Jun. 2024 was 96.48.

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

MOB' s Days Payable Range Over the Past 10 Years
Min: 69 Med: 137.08 Max: 206.35
Current: 100.52

During the past 8 years, Mobilicom's highest Days Payable was 206.35. The lowest was 69.00. And the median was 137.08.

MOB's Days Payable is ranked better than
70.14% of 2411 companies
in the Hardware industry
Industry Median: 68.75 vs MOB: 100.52

Mobilicom's Days Payable declined from Jun. 2023 (240.39) to Jun. 2024 (96.48). It may suggest that Mobilicom accelerated paying its suppliers.

Mobilicom Days Payable Historical Data

The historical data trend for Mobilicom'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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Mobilicom Days Payable Chart

Mobilicom Annual Data

Trend

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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138.77

193.81

70.89

109.32

138.70

Mobilicom Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial										137.91	215.38	240.39	116.74	96.48

Competitive Comparison of Mobilicom's Days Payable

For the Communication Equipment subindustry, Mobilicom'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.

Mobilicom's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobilicom's Days Payable distribution charts can be found below:

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

Mobilicom 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.

Mobilicom'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
=	( (0.204	+	0.499)	/	2 )	/	0.925	*	365
=	0.3515					/	0.925	*	365
=	138.70

Mobilicom's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.499	+	0.349)	/	2 )	/	0.802	*	365 / 2
=	0.424					/	0.802	*	365 / 2
=	96.48

Mobilicom Days Payable Related Terms

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Mobilicom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobilicom Ltd (NAS:MOB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MOBBW:USA

Address

1 Rakefet Street, Shoham, ISR, 6083705

Website

https://www.mobilicom-ltd.com.au

Mobilicom Ltd is a provider of cybersecurity and smart solutions for drones, robotics & autonomous platforms. As a high-tech company, it designs, develops, and delivers smart solutions targeting global drone, robotics, and autonomous system manufacturers.