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Palladyne AI (Palladyne AI) Days Payable : 140.10 (As of Dec. 2023)


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What is Palladyne AI Days Payable?

Palladyne AI's average Accounts Payable for the three months ended in Dec. 2023 was $1.67 Mil. Palladyne AI's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.09 Mil. Hence, Palladyne AI's Days Payable for the three months ended in Dec. 2023 was 140.10.

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

PDYN' s Days Payable Range Over the Past 10 Years
Min: 63.33   Med: 104.26   Max: 205.87
Current: 205.87

During the past 4 years, Palladyne AI's highest Days Payable was 205.87. The lowest was 63.33. And the median was 104.26.

PDYN's Days Payable is ranked better than
83.95% of 2523 companies
in the Software industry
Industry Median: 51.26 vs PDYN: 205.87

Palladyne AI's Days Payable increased from Dec. 2022 (64.57) to Dec. 2023 (140.10). It may suggest that Palladyne AI delayed paying its suppliers.


Palladyne AI Days Payable Historical Data

The historical data trend for Palladyne AI'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.

Palladyne AI Days Payable Chart

Palladyne AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
63.33 125.21 83.30 177.79

Palladyne AI Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 64.57 160.22 350.73 248.40 140.10

Competitive Comparison of Palladyne AI's Days Payable

For the Software - Infrastructure subindustry, Palladyne AI'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.


Palladyne AI's Days Payable Distribution in the Software Industry

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

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



Palladyne AI 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.

Palladyne AI'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
=( (3.62 + 1.291) / 2 ) / 5.041*365
=2.4555 / 5.041*365
=177.79

Palladyne AI'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
=( (2.056 + 1.291) / 2 ) / 1.09*365 / 4
=1.6735 / 1.09*365 / 4
=140.10

* 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.


Palladyne AI Days Payable Related Terms

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Palladyne AI (Palladyne AI) Business Description

Traded in Other Exchanges
N/A
Address
650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101
Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.
Executives
Brian D Finn director C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt officer: Chief Revenue Officer C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne officer: Chief Legal Officer C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Denis Garagic officer: Chief Technology Officer 650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Andrew Hamer officer: Chief Financial Officer 777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen officer: Chief Operating Officer 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood director, officer: President & CEO C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith 10 percent owner, officer: Chief Innovation Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier 10 percent owner 360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen officer: Chief Financial Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale officer: EVP, Ch. Product & Market Off 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marian Joh officer: Chief Operating Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Peter S Klein director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399