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

What is Marin Software Days Payable?

Marin Software MRINQ +6.67% 12 Days Payable is 31.18 as of Sep. 2024. GuruFocus rates MRINQ with a GF Score™ of 12/100.

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:

MRINQ's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 53.56
* Ranked among companies with meaningful Days Payable only.

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 Related Terms

Marin Software Days Payable Historical Data

* Premium members only.

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.

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

MRINQ vs BBLR, RTCJD, XYLB: Days Payable Comparison

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 Days Payable vs 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.

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Marin Software Inc MRINQ

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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

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 31.18 mean?

Marin Software (MRINQ) has a Days Payable of 31.18 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 Marin Software and its competitors.

Is Marin Software's Days Payable too high?

Marin Software's current Days Payable is 31.18. The Software industry median Days Payable is 53.56. Marin Software's value of 31.18 is 41.8% below this industry median. Overall, Marin Software has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Marin Software's Days Payable compare to BBLR and RTCJD?

Marin Software's Days Payable of 31.18 can be compared against companies in the Software industry. The industry median Days Payable is 53.56. Marin Software's value of 31.18 is 41.8% 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 Software company?

The median Days Payable among Software companies is 53.56, based on 2,599 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. Marin Software's current Days Payable of 31.18 is 41.8% 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 Marin Software and its competitors. For the Software industry, the median Days Payable is 53.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marin Software's current Days Payable is 31.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Marin Software stock overvalued right now?

Marin Software (MRINQ) has a current Days Payable of 31.18. The current Days Payable is 31.18 and 41.8% below the Software industry median of 53.56. Marin Software's overall GF Score™ is 12/100. 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 Marin Software (MRINQ), the current Days Payable is 31.18 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.

Marin Software Business Description

Industry Technology Software

Comparable Companies BBLR RTCJD XYLB CLRI FRGT HSTA SBIG FTSP OMQS ALDS XTER:SAP CRM UBER INTU NOW TSX:SHOP ADBE ADP CDNS MSTR

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.

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