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Momentus (Momentus) Days Payable : 1,922.77 (As of Sep. 2023)


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What is Momentus Days Payable?

Momentus's average Accounts Payable for the three months ended in Sep. 2023 was $2.51 Mil. Momentus's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.12 Mil. Hence, Momentus's Days Payable for the three months ended in Sep. 2023 was 1,922.77.

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

MNTS' s Days Payable Range Over the Past 10 Years
Min: 1575.48   Med: 15488.81   Max: 29129.81
Current: 1575.48

During the past 3 years, Momentus's highest Days Payable was 29129.81. The lowest was 1575.48. And the median was 15488.81.

MNTS's Days Payable is ranked better than
99.33% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.56 vs MNTS: 1575.48

Momentus's Days Payable declined from Sep. 2022 (8,864.29) to Sep. 2023 (1,922.77). It may suggest that Momentus accelerated paying its suppliers.


Momentus Days Payable Historical Data

The historical data trend for Momentus'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.

Momentus Days Payable Chart

Momentus Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
1,847.81 - 29,129.81

Momentus Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,864.29 - - 539.74 1,922.77

Competitive Comparison of Momentus's Days Payable

For the Aerospace & Defense subindustry, Momentus'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.


Momentus's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Momentus's Days Payable distribution charts can be found below:

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



Momentus 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.

Momentus's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.911 + 2.239) / 2 ) / 0.026*365
=2.075 / 0.026*365
=29,129.81

Momentus'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: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2.498 + 2.517) / 2 ) / 0.119*365 / 4
=2.5075 / 0.119*365 / 4
=1,922.77

* 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.


Momentus Days Payable Related Terms

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


Momentus (Momentus) Business Description

Traded in Other Exchanges
N/A
Address
3901 N. First Street, San Jose, CA, USA, 95134
Momentus Inc offers in-space infrastructure services by building transfer and service vehicles that carry satellites and hosted payloads between orbits in space. It is a provider of three critical functions in the new space economy: Space Transportation, Satellite as a Service, and In-Orbit Servicing.
Executives
Brian Kabot director, 10 percent owner, officer: Chief Executive Officer 1345 ABBOT KINNEY BLVD., VENICE CA 90291
Prime Movers Lab Fund I Lp 10 percent owner P.O. BOX 12829, JACKSON WY 83002
Victorino Mercado director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Eric R Williams officer: Chief Financial Officer 3901 N. FIRST STREET, SAN JOSE CA 95134
Dennis R. Mahoney officer: Interim CFO 3901 N. FIRST STREET, SAN JOSE CA 95134
Prime Movers Growth Fund I Lp 10 percent owner 6765 CRYSTAL SPRINGS ROAD, TETON VILLAGE WY 83025
Momentus Pml Spv 3 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Dakin Sloss 10 percent owner 126 E 56TH ST, 30TH FLOOR, NEW YORK NY 10022
Momentus Pml Spv 2 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON COUNTY WY 83025
Momentus Pml Spv 1 Lp 10 percent owner PO BOX 12829, JACKSON WY 83002
Robert E Schwarz officer: Chief Technology Officer C/O MOMENTUS INC., 3901 N. FIRST STREET, SAN JOSE CA 95134
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Kennedy Fred G Iii officer: President C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Dawn A. Harms officer: Chief Revenue Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
John C. Rood director, officer: Chief Executive Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054