MSAI (MultiSensor AI Holdings) Days Payable : 162.04 (As of Sep. 2024)

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What is MultiSensor AI Holdings Days Payable?

MultiSensor AI Holdings's average Accounts Payable for the three months ended in Sep. 2024 was $0.95 Mil. MultiSensor AI Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.53 Mil. Hence, MultiSensor AI Holdings's Days Payable for the three months ended in Sep. 2024 was 162.04.

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

MSAI' s Days Payable Range Over the Past 10 Years
Min: 31.91 Med: 83.05 Max: 182.68
Current: 166.78

During the past 3 years, MultiSensor AI Holdings's highest Days Payable was 182.68. The lowest was 31.91. And the median was 83.05.

MSAI's Days Payable is ranked better than
80.38% of 2533 companies
in the Software industry
Industry Median: 50.32 vs MSAI: 166.78

MultiSensor AI Holdings's Days Payable declined from Sep. 2023 (534.78) to Sep. 2024 (162.04). It may suggest that MultiSensor AI Holdings accelerated paying its suppliers.

MultiSensor AI Holdings Days Payable Historical Data

The historical data trend for MultiSensor AI Holdings'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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MultiSensor AI Holdings Days Payable Chart

MultiSensor AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

31.91

83.05

182.68

MultiSensor AI Holdings Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial						534.78	95.96	222.50	453.37	162.04

Competitive Comparison of MultiSensor AI Holdings's Days Payable

For the Software - Infrastructure subindustry, MultiSensor AI Holdings'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.

MultiSensor AI Holdings's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where MultiSensor AI Holdings's Days Payable falls into.

MultiSensor AI Holdings 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.

MultiSensor AI Holdings'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
=	( (1.36	+	2.63)	/	2 )	/	3.986	*	365
=	1.995					/	3.986	*	365
=	182.68

MultiSensor AI Holdings'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
=	( (1.129	+	0.764)	/	2 )	/	0.533	*	365 / 4
=	0.9465					/	0.533	*	365 / 4
=	162.04

MultiSensor AI Holdings Days Payable Related Terms

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MultiSensor AI Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MultiSensor AI Holdings Inc (NAS:MSAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2105 West Cardinal Drive, Beaumont, TX, USA, 77705

Website

http://multisensorai.com

MultiSensor AI Holdings Inc develops and sells a full-stack, AI-driven predictive maintenance solution. MultiSensor AI's SmartIR and associated software platforms, powered by AWS, leverage MSAI-built thermal imaging, visible imaging, acoustic imaging, vibration, and laser sensing devices for condition-based monitoring of critical mechanical and electrical assets and manufactured outputs. Its solutions are deployed by organizations to protect critical assets across a wide range of industries including distribution & logistics, manufacturing, utilities, and oil & gas. MSAI designs and manufactures digital thermal sensing solution platforms with edge and cloud-based software. The company generates the majority of its revenue from product sales.