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SKLZ (Skillz) Days Payable : 203.09 (As of Sep. 2024)


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What is Skillz Days Payable?

Skillz's average Accounts Payable for the three months ended in Sep. 2024 was $7.5 Mil. Skillz's Cost of Goods Sold for the three months ended in Sep. 2024 was $3.4 Mil. Hence, Skillz's Days Payable for the three months ended in Sep. 2024 was 203.09.

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

SKLZ' s Days Payable Range Over the Past 10 Years
Min: 40.44   Med: 188.09   Max: 371.26
Current: 163.36

During the past 6 years, Skillz's highest Days Payable was 371.26. The lowest was 40.44. And the median was 188.09.

SKLZ's Days Payable is ranked better than
75.93% of 432 companies
in the Interactive Media industry
Industry Median: 60.935 vs SKLZ: 163.36

Skillz's Days Payable increased from Sep. 2023 (81.42) to Sep. 2024 (203.09). It may suggest that Skillz delayed paying its suppliers.


Skillz Days Payable Historical Data

The historical data trend for Skillz'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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Skillz Days Payable Chart

Skillz Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 188.09 371.26 302.14 127.43 40.44

Skillz Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.42 54.22 172.97 241.61 203.09

Competitive Comparison of Skillz's Days Payable

For the Electronic Gaming & Multimedia subindustry, Skillz'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.


Skillz's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Skillz's Days Payable distribution charts can be found below:

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



Skillz 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.

Skillz'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
=( (1.696 + 1.712) / 2 ) / 15.379*365
=1.704 / 15.379*365
=40.44

Skillz's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6.348 + 8.666) / 2 ) / 3.373*365 / 4
=7.507 / 3.373*365 / 4
=203.09

* 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.


Skillz Days Payable Related Terms

Thank you for viewing the detailed overview of Skillz's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Skillz Business Description

Traded in Other Exchanges
Address
6625 Badura Avenue, Las Vegas, NV, USA, 89118
Skillz Inc is a mobile game development company. It is engaged in re-inventing competitive mobile gaming and thereby expanding the mobile gaming market. Some of the games available on its platform are Dominoes Gold, Blackout Bingo, 21 Blitz, and Solitaire Cube among others. The company's reportable business segments are; the Skillz segment and the Aarki segment. The majority of its revenue is generated from the Skillz segment which is an eSports gaming platform, enabling game developers to monetize their content through multi-player competition. Geographically, the company derives its key revenue from the United States and the rest from Israel, China, Malta, and other countries.
Executives
Jason Roswig officer: President & CFO PO BOX 445, SAN FRANCISCO CA 94104
Andrew Paradise director, officer: Chief Executive Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Andrew Dahlinghaus officer: General Counsel P.O. BOX 445, SAN FRANCISCO CA 94104
Kevin Chessen director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Elly Ryu officer: Controller/Head of Accounting 245 FIRST STREET, SUITE 1800, CAMBRIDGE MA 02142
Alvin Lobo officer: Chief Financial Officer P.O. BOX 445, SAN FRANCISCO CA 94104
Alexander Mandel director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Stanley Mbugua officer: Chief Accounting Officer SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Seth Schorr director PO BOX 445, SAN FRANCISCO CA 94104
Henry M. Hoffman director PO BOX 445, SAN FRANCISCO CA 94104
Shari Glazer director PO BOX 445, SAN FRANCISCO CA 94104
Harry Sloan director, 10 percent owner, officer: CEO, Chairman 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jerome Leon Bruckheimer director PHILPOTT MEEKS, 10030 VENTURA BOULEVARD, SUITE 380, ENCINO CA 91436
Christopher S Gaffney director C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Casey Chafkin director, officer: Chief Revenue Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445