MTMV (Motomova) Days Payable: 93.02 (As of Sep. 2023)


MTMV Motomova Inc MTMV
38 GF Score
Price $0.30
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What is Motomova Days Payable?

Motomova MTMV 38 Days Payable is 93.02 as of Sep. 2023. GuruFocus rates MTMV with a GF Score™ of 38/100.

Motomova's average Accounts Payable for the three months ended in Sep. 2023 was $0.32 Mil. Motomova's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.31 Mil. Hence, Motomova's Days Payable for the three months ended in Sep. 2023 was 93.02.

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

MTMV's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.99
* Ranked among companies with meaningful Days Payable only.

Motomova's Days Payable increased from Mar. 2011 (0.00) to Sep. 2023 (93.02). It may suggest that Motomova delayed paying its suppliers.


Motomova Days Payable Historical Data

* Premium members only.

The historical data trend for Motomova'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.

Motomova Days Payable Chart

Motomova Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec10
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Motomova Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep22 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 93.02

MTMV vs AERG, FARO, MVIS: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Motomova'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.


Motomova Days Payable vs Hardware Industry

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

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


MTMV
38GF Score
Motomova Inc MTMV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Motomova 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.

Motomova's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

Days Payable (A: Dec. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2009 ) + Accounts Payable (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (0 + 0) / 1 ) / 0.179*365
=0 / 0.179*365
=0.00

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

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.316) / 1 ) / 0.31*365 / 4
=0.316 / 0.31*365 / 4
=93.02

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 93.02 mean?
Motomova (MTMV) has a Days Payable of 93.02 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Motomova and its competitors.
Is Motomova's Days Payable too high?
Motomova's current Days Payable is 93.02. The Hardware industry median Days Payable is 69.99. Motomova's value of 93.02 is 32.9% above this industry median. Overall, Motomova has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Motomova's Days Payable compare to AERG and FARO?
Motomova's Days Payable of 93.02 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.99. Motomova's value of 93.02 is 32.9% above 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Motomova's current Days Payable of 93.02 is 32.9% above 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 Motomova and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motomova's current Days Payable is 93.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motomova stock overvalued right now?
Motomova (MTMV) has a current Days Payable of 93.02. The current Days Payable is 93.02 and 32.9% above the Hardware industry median of 69.99. Motomova's overall GF Score™ is 38/100. 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 Motomova (MTMV), the current Days Payable is 93.02 as of Sep. 2023. 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.

Motomova Business Description

Address 575 Fifth Avenue, Suite 15-121, 15th Floor, New York, NY, USA, 10017
Motomova Inc along with its subsidiary develops, manufactures and supplies an extensive array of testing solutions and instruments relating to the power of motors for various markets, including electric vehicles and their components, transportation and the home appliance industries. It offers combined solutions and simulations that integrate the special dynamic and static capabilities with traditional dynamometer methods that measure force or power. Dynamometers are testing benches used to test the physical parameters of the motor-like speed, torque, efficiency and power of the motor. It's products included Regenerative Dynamometer System (RDS) and the patented Inertial Dynamometer System (IDS).
38GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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