MRIN (Marin Software) Days Payable : 31.18 (As of Sep. 2024)

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What is Marin Software Days Payable?

Marin Software's average Accounts Payable for the three months ended in Sep. 2024 was $0.58 Mil. Marin Software's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.70 Mil. Hence, Marin Software's Days Payable for the three months ended in Sep. 2024 was 31.18.

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

MRIN' s Days Payable Range Over the Past 10 Years
Min: 26.27 Med: 36.06 Max: 57.58
Current: 34.86

During the past 13 years, Marin Software's highest Days Payable was 57.58. The lowest was 26.27. And the median was 36.06.

MRIN's Days Payable is ranked worse than
61.08% of 2523 companies
in the Software industry
Industry Median: 48.75 vs MRIN: 34.86

Marin Software's Days Payable increased from Sep. 2023 (28.47) to Sep. 2024 (31.18). It may suggest that Marin Software delayed paying its suppliers.

Marin Software Days Payable Historical Data

The historical data trend for Marin Software'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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Marin Software Days Payable Chart

Marin Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.98

26.51

26.95

28.33

26.27

Marin Software 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															28.47	36.32	33.32	32.23	31.18

Competitive Comparison of Marin Software's Days Payable

For the Software - Application subindustry, Marin Software'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.

Marin Software's Days Payable Distribution in the Software Industry

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

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

Marin Software 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.

Marin Software'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
=	( (1.011	+	0.664)	/	2 )	/	11.635	*	365
=	0.8375					/	11.635	*	365
=	26.27

Marin Software'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
=	( (0.585	+	0.579)	/	2 )	/	1.703	*	365 / 4
=	0.582					/	1.703	*	365 / 4
=	31.18

Marin Software Days Payable Related Terms

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Marin Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marin Software Inc (NAS:MRIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2MA:Germany

Address

149 New Montgomery Street, 4th Floor, San Francisco, CA, USA, 94105

Website

https://www.marinsoftware.com

Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies and time savings, and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; and manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.

Executives

Robert Bertz	officer: CFO	123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien	director, officer: Chief Executive Officer	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann	director	C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion	director	C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison	director	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott	officer: EVP, Products and Platform	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz	director
Esw Capital, Llc	10 percent owner	401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt	10 percent owner	5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel	officer: VP,InterimPrinFin&AcctgOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish	officer: VP Finance, Acting CFO	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon	officer: Chief Financial Officer	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia	officer: Controller,InterimPrinAcctgOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal	officer: VP Fin,InterimPrinFinanOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105