Petra Acquisition (Petra Acquisition) Days Payable : 0.00 (As of Sep. 2021)

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What is Petra Acquisition Days Payable?

Petra Acquisition's average Accounts Payable for the three months ended in Sep. 2021 was $0.27 Mil. Petra Acquisition's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.00 Mil.

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

PAICU's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 77.22
* Ranked among companies with meaningful Days Payable only.

Petra Acquisition's Days Payable stayed the same from Sep. 2020 (0.00) to Sep. 2021 (0.00). stayed the same

Petra Acquisition Days Payable Historical Data

The historical data trend for Petra Acquisition'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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Petra Acquisition Days Payable Chart

Petra Acquisition Annual Data

Trend

Dec19

Dec20

Days Payable

Petra Acquisition Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Petra Acquisition's Days Payable

For the Shell Companies subindustry, Petra Acquisition'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.

Petra Acquisition's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Petra Acquisition's Days Payable distribution charts can be found below:

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

Petra Acquisition 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.

Petra Acquisition's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Petra Acquisition's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

	Days Payable (Q: Sep. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
=	( (0.23	+	0.311)	/	2 )	/	0	*	365 / 4
=	0.2705					/	0	*	365 / 4
=	N/A

Petra Acquisition Days Payable Related Terms

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Petra Acquisition (Petra Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Petra Acquisition Inc (NAS:PAICU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 West 21st Street, New York, NY, USA, 10010

Website

Petra Acquisition Inc is a blank check company.

Executives

Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Anthony Hayes	director	1796 SHADY LANE, COLUMBIA SC 29206
Andreas Typaldos	director, 10 percent owner, officer: Chief Executive Officer	40 W 77TH STREET, ., NEW YORK NY 10024
David Dobkin	director	250 W. 55TH ST., #3401, NEW YORK NY 10019
Barry Dennis	director	250 W. 55TH ST., #3401, NEW YORK NY 10019