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Odyssey Marine Exploration's average Accounts Payable for the three months ended in Sep. 2024 was $0.38 Mil. Odyssey Marine Exploration's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.35 Mil. Hence, Odyssey Marine Exploration's Days Payable for the three months ended in Sep. 2024 was 25.47.
The historical rank and industry rank for Odyssey Marine Exploration's Days Payable or its related term are showing as below:
During the past 13 years, Odyssey Marine Exploration's highest Days Payable was 255.72. The lowest was 54.71. And the median was 102.91.
Odyssey Marine Exploration's Days Payable declined from Sep. 2023 (79.79) to Sep. 2024 (25.47). It may suggest that Odyssey Marine Exploration accelerated paying its suppliers.
The historical data trend for Odyssey Marine Exploration'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.
Odyssey Marine Exploration Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Payable | Get a 7-Day Free Trial | 207.41 | 128.68 | 62.70 | 76.71 | 111.72 |
Odyssey Marine Exploration 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 | 79.79 | 42.77 | 84.66 | 73.08 | 25.47 |
For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.
For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Days Payable distribution charts can be found below:
* The bar in red indicates where Odyssey Marine Exploration's Days Payable falls into.
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.
Odyssey Marine Exploration'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 |
= | ( (2.286 | + | 0.345) | / | 2 ) | / | 4.298 | * | 365 |
= | 1.3155 | / | 4.298 | * | 365 | ||||
= | 111.72 |
Odyssey Marine Exploration'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 |
= | ( (0.346 | + | 0.407) | / | 2 ) | / | 1.349 | * | 365 / 4 |
= | 0.3765 | / | 1.349 | * | 365 / 4 | ||||
= | 25.47 |
* 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.
Thank you for viewing the detailed overview of Odyssey Marine Exploration's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
John Abbott | director | 101 20TH ST, APT 2706, MIAMI FL 33139 |
Laura Lionetti Barton | officer: EVP, Secretary, Corp Comm | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
Mark B Justh | director | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
Christopher Emlyn Jones | officer: Chief Financial Officer | 205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609 |
Fourworld Capital Management Llc | 10 percent owner | 7 WORLD TRADE CENTER, FL. 46, NEW YORK NY 10007 |
John Addis | 10 percent owner | 7 WORLD TRADE CENTER, FLOOR 46, NEW YORK NY 10007 |
Todd E Siegel | director | 2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702 |
Longley John D Jr | officer: Chief Operating Officer | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
Jon D Sawyer | director | 29491 CAMELBACK DRIVE, EVERGREEN CO 80439 |
James S Pignatelli | director | 2300 E SLINGSHOT WAY, KAMAS UT 84036 |
Mark Gordon | director, officer: CEO and President | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
Jay Nudi | officer: CFO/Treasurer | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
David J Saul | director | 18 DEVONSHIRE BAY ROAD, DEVONSHIRE D0 DV07 |
Philip S Devine | officer: Chief Financial Officer | 5215 WEST LAUREL STREET, TAMPA FL 33607 |
Michael J Holmes | officer: Chief Financial Officer | 5215 W LAUREL ST, TAMPA FL 33607 |
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