MMTEC (MTC) Days Payable : 0.00 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is MMTEC Days Payable?

MMTEC's average Accounts Payable for the six months ended in Dec. 2023 was $0.00 Mil. MMTEC's Cost of Goods Sold for the six months ended in Dec. 2023 was $-2.56 Mil.

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

MTC's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 48.75
* Ranked among companies with meaningful Days Payable only.

MMTEC's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

MMTEC Days Payable Historical Data

The historical data trend for MMTEC'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.

* Premium members only.

MMTEC Days Payable Chart

MMTEC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

MMTEC Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of MMTEC's Days Payable

For the Software - Application subindustry, MMTEC'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.

MMTEC's Days Payable Distribution in the Software Industry

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

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

MMTEC 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.

MMTEC'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 )	/	0.173	*	365
=	0					/	0.173	*	365
=	0.00

MMTEC's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	-2.557	*	365 / 2
=	0					/	-2.557	*	365 / 2
=	N/A

MMTEC Days Payable Related Terms

Thank you for viewing the detailed overview of MMTEC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

MMTEC Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG

Website

https://www.haisc.com

MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.