PDYNW (Palladyne AI) Days Payable : 93.66 (As of Jun. 2024)

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What is Palladyne AI Days Payable?

Palladyne AI's average Accounts Payable for the three months ended in Jun. 2024 was $0.58 Mil. Palladyne AI's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.57 Mil. Hence, Palladyne AI's Days Payable for the three months ended in Jun. 2024 was 93.66.

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

PDYNW' s Days Payable Range Over the Past 10 Years
Min: 63.33 Med: 104.26 Max: 177.79
Current: 139.54

During the past 4 years, Palladyne AI's highest Days Payable was 177.79. The lowest was 63.33. And the median was 104.26.

PDYNW's Days Payable is ranked better than
77.59% of 2553 companies
in the Software industry
Industry Median: 49.25 vs PDYNW: 139.54

Palladyne AI's Days Payable declined from Jun. 2023 (350.73) to Jun. 2024 (93.66). It may suggest that Palladyne AI accelerated paying its suppliers.

Palladyne AI Days Payable Historical Data

The historical data trend for Palladyne AI'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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Palladyne AI Days Payable Chart

Palladyne AI Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

63.33

125.21

83.30

177.79

Palladyne AI Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial											350.73	248.40	140.10	49.57	93.66

Competitive Comparison of Palladyne AI's Days Payable

For the Software - Infrastructure subindustry, Palladyne AI'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.

Palladyne AI's Days Payable Distribution in the Software Industry

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

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

Palladyne AI 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.

Palladyne AI'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
=	( (3.62	+	1.291)	/	2 )	/	5.041	*	365
=	2.4555					/	5.041	*	365
=	177.79

Palladyne AI'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: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.758	+	0.41)	/	2 )	/	0.569	*	365 / 4
=	0.584					/	0.569	*	365 / 4
=	93.66

Palladyne AI Days Payable Related Terms

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Palladyne AI Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PDYN:USA

Address

650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101

Website

https://www.sarcos.com

Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.