Promesa (Promesa) Days Payable : 0.00 (As of Dec. 2019)

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What is Promesa Days Payable?

Promesa's average Accounts Payable for the six months ended in Dec. 2019 was $0.16 Mil. Promesa's Cost of Goods Sold for the six months ended in Dec. 2019 was $0.00 Mil.

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

PRMLF's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 49.695
* Ranked among companies with meaningful Days Payable only.

Promesa's Days Payable stayed the same from Dec. 2018 (0.00) to Dec. 2019 (0.00).

Promesa Days Payable Historical Data

The historical data trend for Promesa'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.

Promesa Days Payable Chart

Promesa Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Payable

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Promesa Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Promesa's Days Payable

For the Software - Application subindustry, Promesa'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.

Promesa's Days Payable Distribution in the Software Industry

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

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

Promesa 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.

Promesa's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2019 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (0.189	+	0.023)	/	2 )	/	0	*	365
=	0.106					/	0	*	365
=	N/A

Promesa's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (0.189	+	0.134)	/	2 )	/	0	*	365 / 2
=	0.1615					/	0	*	365 / 2
=	N/A

Promesa Days Payable Related Terms

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Promesa (Promesa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Promesa Ltd (OTCPK:PRMLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Saint Georges Terrace, Level 26, Perth, WA, AUS, 6000

Website

http://www.thred.im

Thred Ltd is an Australian company that operates in the software industry. The company is engaged in developing technology platforms and mobile applications specializing in immersive media. The geographical segments of the company are Australia and Hong Kong, of which all of its revenue comes from Australia.

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