AS Modera (OTSE:MODE) Days Payable : 92.26 (As of Jun. 2024)

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What is AS Modera Days Payable?

AS Modera's average Accounts Payable for the six months ended in Jun. 2024 was €0.14 Mil. AS Modera's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.27 Mil. Hence, AS Modera's Days Payable for the six months ended in Jun. 2024 was 92.26.

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

OTSE:MODE' s Days Payable Range Over the Past 10 Years
Min: 56.4 Med: 72.23 Max: 80.42
Current: 66.04

During the past 5 years, AS Modera's highest Days Payable was 80.42. The lowest was 56.40. And the median was 72.23.

OTSE:MODE's Days Payable is ranked better than
58.94% of 2523 companies
in the Software industry
Industry Median: 48.75 vs OTSE:MODE: 66.04

AS Modera's Days Payable declined from Jun. 2023 (114.92) to Jun. 2024 (92.26). It may suggest that AS Modera accelerated paying its suppliers.

AS Modera Days Payable Historical Data

The historical data trend for AS Modera'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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AS Modera Days Payable Chart

AS Modera Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

80.42

69.66

56.40

74.80

AS Modera Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial				-	27.98	114.92	53.10	92.26

Competitive Comparison of AS Modera's Days Payable

For the Software - Application subindustry, AS Modera'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.

AS Modera's Days Payable Distribution in the Software Industry

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

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

AS Modera 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.

AS Modera'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
=	( (0.136	+	0.146)	/	2 )	/	0.688	*	365
=	0.141					/	0.688	*	365
=	74.80

AS Modera'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
=	( (0.146	+	0.129)	/	2 )	/	0.272	*	365 / 2
=	0.1375					/	0.272	*	365 / 2
=	92.26

AS Modera Days Payable Related Terms

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AS Modera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AS Modera (OTSE:MODE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moisa tn 4, Tallinn, EST, 13522

Website

https://www.modera.com

AS Modera is an AI-powered, flexible, and open SaaS platform for holistic omnichannel automotive retail. The company's main business direction is software-as-a-service (SaaS) for companies involved in car sales, marketing, brokerage, production, and delivery. The software developed by the company brings the car manufacturer, importer, dealer, insurer, and customer together on one platform, making the entire car sales process a single whole. Modera offers its services globally with a focus on the Baltic and Central and Eastern European regions.

AS Modera Headlines

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