SOBR (Sobrfe) Days Payable : 2,409.57 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Sobrfe Days Payable?

Sobrfe's average Accounts Payable for the three months ended in Sep. 2024 was $0.42 Mil. Sobrfe's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Sobrfe's Days Payable for the three months ended in Sep. 2024 was 2,409.57.

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

SOBR' s Days Payable Range Over the Past 10 Years
Min: 1285.18 Med: 2626.08 Max: 3966.97
Current: 1481.7

During the past 13 years, Sobrfe's highest Days Payable was 3966.97. The lowest was 1285.18. And the median was 2626.08.

SOBR's Days Payable is ranked better than
99.25% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs SOBR: 1481.70

Sobrfe's Days Payable increased from Sep. 2023 (1,505.63) to Sep. 2024 (2,409.57). It may suggest that Sobrfe delayed paying its suppliers.

Sobrfe Days Payable Historical Data

The historical data trend for Sobrfe'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.

Sobrfe Days Payable Chart

Sobrfe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

3,966.97

1,285.18

Sobrfe 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															1,505.63	1,219.29	2,115.18	1,283.06	2,409.57

Competitive Comparison of Sobrfe's Days Payable

For the Scientific & Technical Instruments subindustry, Sobrfe'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.

Sobrfe's Days Payable Distribution in the Hardware Industry

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

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

Sobrfe 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.

Sobrfe'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
=	( (0.143	+	0.526)	/	2 )	/	0.095	*	365
=	0.3345					/	0.095	*	365
=	1,285.18

Sobrfe'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
=	( (0.52	+	0.325)	/	2 )	/	0.016	*	365 / 4
=	0.4225					/	0.016	*	365 / 4
=	2,409.57

Sobrfe Days Payable Related Terms

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

Sobrfe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sobr Safe Inc (NAS:SOBR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6400 South Fiddlers Green Circle, Suite 1400, Greenwood Village, CO, USA, 80111

Website

https://www.sobrsafe.com

Sobr Safe Inc provides non-invasive technology to quickly and humanely identify the presence of alcohol in individuals. Its technologies are integrated within robust and scalable data platform, producing statistical and measurable user and business data. It developed the scalable, patent-pending SOBRsafe software platform for non-invasive alcohol detection and identity verification, a solution that has current and potential applications. It generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.

Executives

J. Steven Beabout	director	C/O STARZ, 8900 LIBERTY CIRCLE, ENGLEWOOD CO 80112
Gerard Wenzel	officer: CFO	6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Sandy L Shoemaker	director	6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Michael T Watson	officer: CRO & EVP Sales and Marketing	6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Charles Warren Bennington	director, officer: Chief Executive Officer	3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Gary John Graham	director, 10 percent owner	6400 S. FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Ford Byron Fay	director	9879 CLAIRTON CT., HIGHLAND RANCH CO 80126
David Joseph Gandini	director, officer: Chief Revenue Officer	39 FALLON HILLS DRIVE, HIGHLANDS RANCH CO 80126
Kevin D Moore	director, officer: Chief Executive Officer	730 15TH STREET, BOULDER CO 80302
Michael A. Lanphere	10 percent owner, officer: V.P. of Legal Affairs	8 PLUMERIA, IRVINE CA 92620
Gadasalli Subramanya Satyanarayana	director, 10 percent owner	683 E. BROKAW RD., SAN JOSE CA 95112
Devadatt M Mishal	director	8500 FLORENCE AVE. E., DOWNEY CA 90241
Nicholas Limer	director, 10 percent owner, officer: Secretary	3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Ronald Louis Williams	director, officer: Chief Technology Officer	3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Munn Harlan B Iii	director	5758 SINGLETREE LANE, PARKER CO 80134