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Trump Media & Technology Group (Trump Media & Technology Group) Days Payable : 595.06 (As of Dec. 2023)


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What is Trump Media & Technology Group Days Payable?

Trump Media & Technology Group's average Accounts Payable for the six months ended in Dec. 2023 was $0.27 Mil. Trump Media & Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.17 Mil. Hence, Trump Media & Technology Group's Days Payable for the six months ended in Dec. 2023 was 297.53.

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

DJT' s Days Payable Range Over the Past 10 Years
Min: 595.06   Med: 2091.01   Max: 3586.95
Current: 1195.65

During the past 3 years, Trump Media & Technology Group's highest Days Payable was 3586.95. The lowest was 595.06. And the median was 2091.01.

DJT's Days Payable is ranked better than
94.44% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs DJT: 1195.65

Trump Media & Technology Group's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (595.06). It may suggest that Trump Media & Technology Group delayed paying its suppliers.

Trump Media & Technology Group Days Payable Historical Data

The historical data trend for Trump Media & Technology 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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Trump Media & Technology Group Days Payable Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- 3,586.95 595.06

Trump Media & Technology Group Semi-Annual Data
Dec21 Dec22 Dec23
Days Payable - 3,586.95 595.06

Competitive Comparison of Trump Media & Technology Group's Days Payable

For the Internet Content & Information subindustry, Trump Media & Technology 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.

Trump Media & Technology Group's Days Payable Distribution in the Interactive Media Industry

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

* The bar in red indicates where Trump Media & Technology Group's Days Payable falls into.


Trump Media & Technology 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.

Trump Media & Technology 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
=( (0.269 + 0) / 1 ) / 0.165*365
=0.269 / 0.165*365
=595.06

Trump Media & Technology Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.269 + 0) / 1 ) / 0.165*365 / 2
=0.269 / 0.165*365 / 2
=297.53

* 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.

Trump Media & Technology Group Days Payable Related Terms

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Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
DJTWW:USA
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines

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