WLDS (Wearable Devices) Days Payable : 169.46 (As of Jun. 2024)

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What is Wearable Devices Days Payable?

Wearable Devices's average Accounts Payable for the six months ended in Jun. 2024 was $0.29 Mil. Wearable Devices's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.32 Mil. Hence, Wearable Devices's Days Payable for the six months ended in Jun. 2024 was 169.46.

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

WLDS' s Days Payable Range Over the Past 10 Years
Min: 226.74 Med: 1898 Max: 4161
Current: 226.74

During the past 5 years, Wearable Devices's highest Days Payable was 4161.00. The lowest was 226.74. And the median was 1898.00.

WLDS's Days Payable is ranked better than
92.59% of 2416 companies
in the Hardware industry
Industry Median: 68.85 vs WLDS: 226.74

Wearable Devices's Days Payable declined from Jun. 2023 (8,151.67) to Jun. 2024 (169.46). It may suggest that Wearable Devices accelerated paying its suppliers.

Wearable Devices Days Payable Historical Data

The historical data trend for Wearable Devices'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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Wearable Devices Days Payable Chart

Wearable Devices Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

1,268.81

2,129.17

1,898.00

4,161.00

1,666.05

Wearable Devices Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					2,920.00	4,453.00	8,151.67	807.33	169.46

Competitive Comparison of Wearable Devices's Days Payable

For the Consumer Electronics subindustry, Wearable Devices'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.

Wearable Devices's Days Payable Distribution in the Hardware Industry

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

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

Wearable Devices 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.

Wearable Devices'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
=	( (0.156	+	0.41)	/	2 )	/	0.062	*	365
=	0.283					/	0.062	*	365
=	1,666.05

Wearable Devices's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.41	+	0.175)	/	2 )	/	0.315	*	365 / 2
=	0.2925					/	0.315	*	365 / 2
=	169.46

Wearable Devices Days Payable Related Terms

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Wearable Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wearable Devices Ltd (NAS:WLDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Ha-Tnufa Street, Yokne’am Illit, Illit, ISR, 2066736

Website

https://www.wearabledevices.co.il

Wearable Devices Ltd develops a non-invasive Neural input interface for controlling digital devices using subtle finger movements. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.