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Alta Global Group (Alta Global Group) Days Payable : 127.16 (As of Jun. 2023)


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What is Alta Global Group Days Payable?

Alta Global Group's average Accounts Payable for the six months ended in Jun. 2023 was $0.05 Mil. Alta Global Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.16 Mil. Hence, Alta Global Group's Days Payable for the six months ended in Jun. 2023 was 63.58.

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

MMA' s Days Payable Range Over the Past 10 Years
Min: 101.47   Med: 114.32   Max: 127.16
Current: 127.16

During the past 2 years, Alta Global Group's highest Days Payable was 127.16. The lowest was 101.47. And the median was 114.32.

MMA's Days Payable is ranked better than
73.94% of 756 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs MMA: 127.16

Alta Global Group's Days Payable increased from . 20 (0.00) to Jun. 2023 (127.16). It may suggest that Alta Global Group delayed paying its suppliers.

Alta Global Group Days Payable Historical Data

The historical data trend for Alta Global Group'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.

Alta Global Group Days Payable Chart

Alta Global Group Annual Data
Trend Jun22 Jun23
Days Payable
101.47 127.16

Alta Global Group Semi-Annual Data
Jun22 Jun23
Days Payable 101.47 127.16

Competitive Comparison of Alta Global Group's Days Payable

For the Leisure subindustry, Alta Global Group'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.

Alta Global Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Alta Global Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Alta Global Group's Days Payable falls into.


Alta Global Group 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.

Alta Global Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.067 + 0.041) / 2 ) / 0.155*365
=0.054 / 0.155*365
=127.16

Alta Global Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.067 + 0.041) / 2 ) / 0.155*365 / 2
=0.054 / 0.155*365 / 2
=63.58

* 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.

Alta Global Group Days Payable Related Terms

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Alta Global Group (Alta Global Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alta Global Group Ltd (AMEX:MMA) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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