SideChannel (SideChannel) Days Payable : 43.47 (As of Mar. 2024)

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What is SideChannel Days Payable?

SideChannel's average Accounts Payable for the three months ended in Mar. 2024 was $0.50 Mil. SideChannel's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.06 Mil. Hence, SideChannel's Days Payable for the three months ended in Mar. 2024 was 43.47.

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

SDCH' s Days Payable Range Over the Past 10 Years
Min: 50.34 Med: 73.8 Max: 78.8
Current: 58.44

During the past 13 years, SideChannel's highest Days Payable was 78.80. The lowest was 50.34. And the median was 73.80.

SDCH's Days Payable is ranked better than
54.2% of 2533 companies
in the Software industry
Industry Median: 50.13 vs SDCH: 58.44

SideChannel's Days Payable declined from Mar. 2023 (75.85) to Mar. 2024 (43.47). It may suggest that SideChannel accelerated paying its suppliers.

SideChannel Days Payable Historical Data

The historical data trend for SideChannel'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.

SideChannel Days Payable Chart

SideChannel Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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50.34

73.80

78.80

SideChannel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															75.85	66.82	64.26	57.56	43.47

Competitive Comparison of SideChannel's Days Payable

For the Software - Infrastructure subindustry, SideChannel'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.

SideChannel's Days Payable Distribution in the Software Industry

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

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

SideChannel 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.

SideChannel's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.786	+	0.613)	/	2 )	/	3.24	*	365
=	0.6995					/	3.24	*	365
=	78.80

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.511	+	0.498)	/	2 )	/	1.059	*	365 / 4
=	0.5045					/	1.059	*	365 / 4
=	43.47

SideChannel Days Payable Related Terms

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

SideChannel (SideChannel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SideChannel Inc (OTCPK:SDCH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

146 Main Street, Suite 406, Worcester, MA, USA, 01608

Website

https://www.sidechannel.com

SideChannel Inc is a provider of cybersecurity services and technology to companies; national, state, and local municipalities; and non-profits. The company earns maximum revenue from vCISO Services that capture the revenue, the Chief Information Security Officer services that it provides to its clients on a 'virtual' or outsourced basis.

Executives

Ryan Polk	officer: Chief Financial Officer	7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Brian Wayne Haugli	director, 10 percent owner, officer: Chief Executive Officer	146 MAIN ST, SUITE #405, WORCESTER MA 01608
Regan Hugh T Jr	director	C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Anthony Ambrose	director	6645 185TH AVE NE SUITE 100, REDMOND WA 98052
Deborah Kuenzi Macconnel	director	146 MAIN ST, SUITE #405, WORCESTER MA 01608
Kevin Robert Powers	director	146 MAIN ST, SUITE #405, WORCESTER MA 01608
Nicholas William Hnatiw	officer: Chief Technology Officer	6836 BEE CAVE ROAD,, BLDG 1 #279, AUSTIN TX 78746
Sammy Eugene Davis	director	6836 BEE CAVE ROAD, BLDG 1 #279, AUSTIN TX 78746
Andrew Borene	officer: Chief Executive Officer	825 MAIN STREET, SUITE 100, BUDA TX 78610
Manchester Management Pr, Llc	10 percent owner	3 WEST HILL PLACE, BOSTON MA 02114
Zeynep Young	director	825 MAIN ST., SUITE 100, BUDA TX 78610
David Chasteen	director	825 MAIN ST, SUITE 100, BUDA TX 78610
Thomas Wiley Wilkinson	director	3 COLERIDGE LANE, AUSTIN TX 78746
James E Besser	10 percent owner	3 WEST HILL PLACE, BOSTON MA 02114
Manchester Explorer, L.p.	10 percent owner	MANCHESTER MANAGEMENT COMPANY, L.L.C, 3 WEST HILL PLACE, Boston ma 02114