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POET Technologies (POET Technologies) Days Payable : 0.00 (As of Mar. 2024)


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What is POET Technologies Days Payable?

POET Technologies's average Accounts Payable for the three months ended in Mar. 2024 was $1.28 Mil. POET Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

During the past 13 years, POET Technologies's highest Days Payable was 215.04. The lowest was 215.04. And the median was 215.04.

POET's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 51.69
* Ranked among companies with meaningful Days Payable only.

POET Technologies's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same


POET Technologies Days Payable Historical Data

The historical data trend for POET Technologies'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.

* Premium members only.

POET Technologies Days Payable Chart

POET Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
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POET Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of POET Technologies's Days Payable

For the Semiconductors subindustry, POET Technologies'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.


POET Technologies's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, POET Technologies's Days Payable distribution charts can be found below:

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



POET Technologies 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.

POET Technologies'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
=( (2.724 + 1.371) / 2 ) / 0*365
=2.0475 / 0*365
=N/A

POET Technologies's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.371 + 1.18) / 2 ) / 0*365 / 4
=1.2755 / 0*365 / 4
=N/A

* 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.


POET Technologies Days Payable Related Terms

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POET Technologies (POET Technologies) Business Description

Traded in Other Exchanges
Address
120 Eglinton Avenue East, Suite 1107, Toronto, ON, CAN, M4P 1E2
POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single segment of design, manufacture, and sale of semiconductor products and services for commercial applications. Its products have applications in Data Centers, Telecommunications, the Internet of Things & Industrial Sensing, Automotive LIDAR, and On-Board Optics. Its geographical segments are Asia, the United States, and Canada.