Applied Digital (Applied Digital) Days Payable : 128.15 (As of Feb. 2024)

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What is Applied Digital Days Payable?

Applied Digital's average Accounts Payable for the three months ended in Feb. 2024 was $66.1 Mil. Applied Digital's Cost of Goods Sold for the three months ended in Feb. 2024 was $47.1 Mil. Hence, Applied Digital's Days Payable for the three months ended in Feb. 2024 was 128.15.

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

APLD' s Days Payable Range Over the Past 10 Years
Min: 57.33 Med: 106.86 Max: 643.16
Current: 110.91

During the past 11 years, Applied Digital's highest Days Payable was 643.16. The lowest was 57.33. And the median was 106.86.

APLD's Days Payable is ranked better than
51.72% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs APLD: 110.91

Applied Digital's Days Payable increased from Feb. 2023 (93.01) to Feb. 2024 (128.15). It may suggest that Applied Digital delayed paying its suppliers.

Applied Digital Days Payable Historical Data

The historical data trend for Applied Digital'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.

Applied Digital Days Payable Chart

Applied Digital Annual Data

Trend

May03

May04

May05

May06

May07

May08

May20

May21

May22

May23

Days Payable

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643.16

259.35

115.27

Applied Digital Quarterly Data
	May08	Aug08	Nov08	Feb09	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															93.01	82.38	57.98	85.08	128.15

Competitive Comparison of Applied Digital's Days Payable

For the Capital Markets subindustry, Applied Digital'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.

Applied Digital's Days Payable Distribution in the Capital Markets Industry

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

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

Applied Digital 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.

Applied Digital's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (13.26	+	14.776)	/	2 )	/	44.388	*	365
=	14.018					/	44.388	*	365
=	115.27

Applied Digital's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (38.262	+	93.918)	/	2 )	/	47.061	*	365 / 4
=	66.09					/	47.061	*	365 / 4
=	128.15

Applied Digital Days Payable Related Terms

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Applied Digital (Applied Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Applied Digital Corp (NAS:APLD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3811 Turtle Creek Boulevard, Suite 2100, Dallas, TX, USA, 75219

Website

https://www.applieddigital.com

Applied Digital Corp designs, develops and operates next-generation datacenters across North America to provide digital infrastructure solutions to the rapidly growing high performance computing industry.

Executives

Virginia Moore	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN,INC., DALLAS TX 75219
Richard N Nottenburg	director	1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Michael Maniscalco	officer: Chief Technology Officer	3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS TX 75219
Wes Cummins	director, 10 percent owner, officer: CEO & Chairman	4505 LORRAINE AVE, DALLAS TX 75205
David Rench	officer: Chief Financial Officer	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Regina Ingel	officer: EVP - Operations	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Chuck Hastings	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Douglas S Miller	director	C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Jason Zhang	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Kelli Mcdonald	director	3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Richard S Rosenfeld	officer: CFO	105 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
James A Schwartz	director	28 COTTRELL STREET, MYSTIC CT 06355
Riley Investment Partners Master Fund, L.p.	10 percent owner	11100 SANTA MONICA BOULEVARD, SUITE 810, LOS ANGELES CA 90025
Riley Investment Management Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Frank L Rees	director, officer: Executive Vice-President