Mobiquity Technologies (Mobiquity Technologies) Days Payable : 745.78 (As of Mar. 2024)

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What is Mobiquity Technologies Days Payable?

Mobiquity Technologies's average Accounts Payable for the three months ended in Mar. 2024 was $1.72 Mil. Mobiquity Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.21 Mil. Hence, Mobiquity Technologies's Days Payable for the three months ended in Mar. 2024 was 745.78.

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

MOBQW' s Days Payable Range Over the Past 10 Years
Min: 94.98 Med: 277.46 Max: 1404.49
Current: 875.65

During the past 13 years, Mobiquity Technologies's highest Days Payable was 1404.49. The lowest was 94.98. And the median was 277.46.

MOBQW's Days Payable is ranked better than
93.71% of 922 companies
in the Media - Diversified industry
Industry Median: 79.49 vs MOBQW: 875.65

Mobiquity Technologies's Days Payable declined from Mar. 2023 (2,531.10) to Mar. 2024 (745.78). It may suggest that Mobiquity Technologies accelerated paying its suppliers.

Mobiquity Technologies Days Payable Historical Data

The historical data trend for Mobiquity 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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Mobiquity Technologies Days Payable Chart

Mobiquity Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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105.35

255.19

514.17

352.67

1,404.49

Mobiquity Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															2,531.10	1,110.64	1,067.79	726.10	745.78

Competitive Comparison of Mobiquity Technologies's Days Payable

For the Advertising Agencies subindustry, Mobiquity 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.

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

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

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

Mobiquity 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.

Mobiquity 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
=	( (2.067	+	1.627)	/	2 )	/	0.48	*	365
=	1.847					/	0.48	*	365
=	1,404.49

Mobiquity 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
=	( (1.627	+	1.822)	/	2 )	/	0.211	*	365 / 4
=	1.7245					/	0.211	*	365 / 4
=	745.78

Mobiquity Technologies Days Payable Related Terms

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Mobiquity Technologies (Mobiquity Technologies) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MOBQ:USA

Address

35 Torrington Lane, Shoreham, New York, NY, USA, 11786

Website

https://www.mobiquitytechnologies.com

Mobiquity Technologies Inc through its subsidiaries provides Advertising, Data Licensing, Footfall Reporting, Attribution Reporting, Real Estate Planning, Financial Forecasting and Custom Research services. The company generates revenue from the sale of service.