Athena Bitcoin Global (Athena Bitcoin Global) Days Payable : 3.24 (As of Sep. 2023)

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What is Athena Bitcoin Global Days Payable?

Athena Bitcoin Global's average Accounts Payable for the three months ended in Sep. 2023 was $1.98 Mil. Athena Bitcoin Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $55.81 Mil. Hence, Athena Bitcoin Global's Days Payable for the three months ended in Sep. 2023 was 3.24.

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

ABIT' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 12.95
Current: 12.95

During the past 11 years, Athena Bitcoin Global's highest Days Payable was 12.95. The lowest was 0.00. And the median was 0.00.

ABIT's Days Payable is ranked worse than
82.25% of 524 companies
in the Capital Markets industry
Industry Median: 100.09 vs ABIT: 12.95

Athena Bitcoin Global's Days Payable increased from Mar. 2014 (0.00) to Sep. 2023 (3.24). It may suggest that Athena Bitcoin Global delayed paying its suppliers.

Athena Bitcoin Global Days Payable Historical Data

The historical data trend for Athena Bitcoin Global'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.

Athena Bitcoin Global Days Payable Chart

Athena Bitcoin Global Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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Athena Bitcoin Global Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Sep22	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	0.01	3.24

Competitive Comparison of Athena Bitcoin Global's Days Payable

For the Capital Markets subindustry, Athena Bitcoin Global'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.

Athena Bitcoin Global's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Athena Bitcoin Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Athena Bitcoin Global's Days Payable falls into.

Athena Bitcoin Global 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.

Athena Bitcoin Global's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (0.003	+	0.002)	/	2 )	/	0	*	365
=	0.0025					/	0	*	365
=	N/A

Athena Bitcoin Global's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	1.98)	/	1 )	/	55.813	*	365 / 4
=	1.98					/	55.813	*	365 / 4
=	3.24

Athena Bitcoin Global Days Payable Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642

Website

https://www.athenabitcoin.com

Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

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