Punktid Technologies AS (OTSE:PNKTD) Days Payable : 36.40 (As of Jun. 2023)

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What is Punktid Technologies AS Days Payable?

Punktid Technologies AS's average Accounts Payable for the six months ended in Jun. 2023 was €0.07 Mil. Punktid Technologies AS's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.37 Mil. Hence, Punktid Technologies AS's Days Payable for the six months ended in Jun. 2023 was 36.40.

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

OTSE:PNKTD' s Days Payable Range Over the Past 10 Years
Min: 22.33 Med: 22.33 Max: 27.01
Current: 27.01

During the past 2 years, Punktid Technologies AS's highest Days Payable was 27.01. The lowest was 22.33. And the median was 22.33.

OTSE:PNKTD's Days Payable is ranked worse than
79.39% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 54.44 vs OTSE:PNKTD: 27.01

Punktid Technologies AS's Days Payable declined from Jun. 2022 (36.60) to Jun. 2023 (36.40). It may suggest that Punktid Technologies AS accelerated paying its suppliers.

Punktid Technologies AS Days Payable Historical Data

The historical data trend for Punktid Technologies AS'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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Punktid Technologies AS Days Payable Chart

Punktid Technologies AS Annual Data

Trend

Dec21

Dec22

Days Payable

22.33

Punktid Technologies AS Semi-Annual Data
	Jun22	Dec22	Jun23
Days Payable	36.60	23.94	36.40

Competitive Comparison of Punktid Technologies AS's Days Payable

For the Internet Retail subindustry, Punktid Technologies AS'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.

Punktid Technologies AS's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Punktid Technologies AS's Days Payable distribution charts can be found below:

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

Punktid Technologies AS 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.

Punktid Technologies AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.031	+	0.091)	/	2 )	/	0.997	*	365
=	0.061					/	0.997	*	365
=	22.33

Punktid Technologies AS's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.091	+	0.057)	/	2 )	/	0.371	*	365 / 2
=	0.074					/	0.371	*	365 / 2
=	36.40

Punktid Technologies AS Days Payable Related Terms

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Punktid Technologies AS (OTSE:PNKTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Punktid Technologies AS (OTSE:PNKTD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamekeys OU, Tornimae 5, Tallinn, EST

Website

https://www.punktid.com

Punktid Technologies AS offers an online store selling game codes, gift cards, and software licenses.

Punktid Technologies AS (OTSE:PNKTD) Headlines

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