MRT (Marti Technologies) Days Payable : 0.00 (As of Jun. 2024)

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What is Marti Technologies Days Payable?

Marti Technologies's average Accounts Payable for the three months ended in Jun. 2024 was $2.06 Mil. Marti Technologies's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil.

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

MRT' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 88.42
Current: 88.42

During the past 4 years, Marti Technologies's highest Days Payable was 88.42. The lowest was 0.00. And the median was 0.00.

MRT's Days Payable is ranked better than
66.23% of 2535 companies
in the Software industry
Industry Median: 50.17 vs MRT: 88.42

Marti Technologies's Days Payable declined from Dec. 2022 (20.37) to Jun. 2024 (0.00). It may suggest that Marti Technologies accelerated paying its suppliers.

Marti Technologies Days Payable Historical Data

The historical data trend for Marti 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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Marti Technologies Days Payable Chart

Marti Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

Marti Technologies Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial				20.37	-	-	25.02	-

Competitive Comparison of Marti Technologies's Days Payable

For the Software - Application subindustry, Marti 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.

Marti Technologies's Days Payable Distribution in the Software Industry

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

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

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Marti 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.

Marti 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
=	( (0	+	0)	/	1 )	/	24.603	*	365
=	0					/	24.603	*	365
=	0.00

Marti Technologies'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	+	2.055)	/	1 )	/	0	*	365 / 4
=	2.055					/	0	*	365 / 4
=	N/A

Marti Technologies Days Payable Related Terms

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Marti Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marti Technologies Inc (AMEX:MRT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 S Street NW, Suite 320, Washington, DC, USA, 20009

Website

https://www.marti.tech

Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.

Executives

Adam S Metz	director	110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya	director, officer: Chief Executive Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer	officer: Chief Financial Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld	director, 10 percent owner, officer: President and CIO	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc	10 percent owner	2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009

Marti Technologies Headlines

From GuruFocus

Marti Technologies Inc (MRT) Stock Price Up 7.07% on Sep 9

By GuruFocus Research • 09-09-2024