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VMNT (Vemanti Group) Days Payable : 0.00 (As of Sep. 2024)


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What is Vemanti Group Days Payable?

Vemanti Group's average Accounts Payable for the three months ended in Sep. 2024 was $0.07 Mil. Vemanti Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil.

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

VMNT' s Days Payable Range Over the Past 10 Years
Min: 5.7   Med: 49.77   Max: 2311.67
Current: 2311.67

During the past 5 years, Vemanti Group's highest Days Payable was 2311.67. The lowest was 5.70. And the median was 49.77.

VMNT's Days Payable is ranked better than
99.54% of 2398 companies
in the Hardware industry
Industry Median: 68.755 vs VMNT: 2311.67

Vemanti Group's Days Payable declined from Sep. 2023 (228.13) to Sep. 2024 (0.00). It may suggest that Vemanti Group accelerated paying its suppliers.


Vemanti Group Days Payable Historical Data

The historical data trend for Vemanti Group'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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Vemanti Group Days Payable Chart

Vemanti Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
5.70 10.14 49.77 87.28 119.02

Vemanti Group 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 228.13 197.71 - - -

Competitive Comparison of Vemanti Group's Days Payable

For the Communication Equipment subindustry, Vemanti Group'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.


Vemanti Group's Days Payable Distribution in the Hardware Industry

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

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


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Vemanti Group 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.

Vemanti Group'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
=( (0.006 + 0.009) / 2 ) / 0.023*365
=0.0075 / 0.023*365
=119.02

Vemanti Group'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
=( (0.091 + 0.047) / 2 ) / 0*365 / 4
=0.069 / 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.


Vemanti Group Days Payable Related Terms

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Vemanti Group Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618
Vemanti Group Inc, through its subsidiaries, provides IP communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).
Executives
Stephen Richard Jones officer: CFO 256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran director, 10 percent owner, officer: President, CEO, CFO 7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc director 6371 S. GLENOAKS STREET, MURRAY UT 84107