CONX (CNXX) Days Payable : 0.00 (As of Mar. 2024)

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What is CONX Days Payable?

CONX's average Accounts Payable for the three months ended in Mar. 2024 was $0.05 Mil. CONX's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

CNXX's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 83.07
* Ranked among companies with meaningful Days Payable only.

CONX's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

CONX Days Payable Historical Data

The historical data trend for CONX'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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CONX Days Payable Chart

CONX Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

CONX Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of CONX's Days Payable

For the Shell Companies subindustry, CONX'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.

CONX's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CONX's Days Payable distribution charts can be found below:

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

CONX 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.

CONX'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
=	( (0.019	+	0.077)	/	2 )	/	0	*	365
=	0.048					/	0	*	365
=	N/A

CONX'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
=	( (0.077	+	0.027)	/	2 )	/	0	*	365 / 4
=	0.052					/	0	*	365 / 4
=	N/A

CONX Days Payable Related Terms

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

CONX (CNXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CONX Corp (OTCPK:CNXX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CONXU:USA

Address

5701 South Santa Fe Drive, Littleton, CO, USA, 80120

Website

CONX Corp is a blank check company.

Executives

David K Moskowitz	director	C/O CONX CORP., 5701 S. SANTA FE DR., LITTLETON CO 80120
Adrian Steckel	director	5701 S. SANTA FE DR., LITTLETON CO 80120
Charles W Ergen	director, 10 percent owner, officer: Chairman	9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Gerald Gorman	director	5701 S. SANTA FE DR., LITTLETON CO 80120
Nxgen Opportunities, Llc	10 percent owner	5701 S. SANTA FE DR., LITTLETON CO 80120
Kyle Jason Kiser	director, officer: CEO, President & Director	5701 S. SANTA FE DR., LITTLETON CO 80120