Network-1 Technologies (Network-1 Technologies) Days Payable : 26.65 (As of Dec. 2023)

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What is Network-1 Technologies Days Payable?

Network-1 Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $0.19 Mil. Network-1 Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.64 Mil. Hence, Network-1 Technologies's Days Payable for the three months ended in Dec. 2023 was 26.65.

The historical rank and industry rank for Network-1 Technologies's Days Payable or its related term are showing as below:

NTIP' s Days Payable Range Over the Past 10 Years
Min: 2.19 Med: 15.87 Max: 155.19
Current: 155.19

During the past 13 years, Network-1 Technologies's highest Days Payable was 155.19. The lowest was 2.19. And the median was 15.87.

NTIP's Days Payable is ranked better than
84.29% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs NTIP: 155.19

Network-1 Technologies's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (26.65). It may suggest that Network-1 Technologies delayed paying its suppliers.

Network-1 Technologies Days Payable Historical Data

The historical data trend for Network-1 Technologies'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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Network-1 Technologies Days Payable Chart

Network-1 Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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100.98

112.39

15.87

131.97

Network-1 Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	334.78	549.75	-	26.65

Competitive Comparison of Network-1 Technologies's Days Payable

For the Specialty Business Services subindustry, Network-1 Technologies'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.

Network-1 Technologies's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Days Payable falls into.

Network-1 Technologies 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.

Network-1 Technologies'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
=	( (0.507	+	0.125)	/	2 )	/	0.874	*	365
=	0.316					/	0.874	*	365
=	131.97

Network-1 Technologies'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.25	+	0.125)	/	2 )	/	0.642	*	365 / 4
=	0.1875					/	0.642	*	365 / 4
=	26.65

Network-1 Technologies Days Payable Related Terms

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Network-1 Technologies (Network-1 Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Network-1 Technologies Inc (AMEX:NTIP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6LK:Germany

Address

65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840

Website

https://www.network-1.com

Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Executives

Robert Michael Mahan	officer: Chief Financial Officer	87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann	10 percent owner	C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene	officer: Executive Vice President	23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman	director	SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman	director	315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp	10 percent owner	C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G	10 percent owner	215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana	director	575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp	10 percent owner
Marilyn Rubenstein	10 percent owner
Jonathan Lieber	10 percent owner	80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein	10 percent owner	68 WHEATLEY RD, BROOKVILLE NY 11545