Owlet (OWLT) Days Payable : 131.33 (As of Dec. 2023)

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What is Owlet Days Payable?

Owlet's average Accounts Payable for the three months ended in Dec. 2023 was $16.02 Mil. Owlet's Cost of Goods Sold for the three months ended in Dec. 2023 was $11.13 Mil. Hence, Owlet's Days Payable for the three months ended in Dec. 2023 was 131.33.

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

OWLT' s Days Payable Range Over the Past 10 Years
Min: 151.25 Med: 214.5 Max: 269.66
Current: 269.66

During the past 4 years, Owlet's highest Days Payable was 269.66. The lowest was 151.25. And the median was 214.50.

OWLT's Days Payable is ranked better than
87.48% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs OWLT: 269.66

Owlet's Days Payable declined from Dec. 2022 (311.34) to Dec. 2023 (131.33). It may suggest that Owlet accelerated paying its suppliers.

Owlet Days Payable Historical Data

The historical data trend for Owlet'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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Owlet Days Payable Chart

Owlet Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

151.25

197.54

231.45

256.19

Owlet Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									311.34	424.67	311.32	320.56	131.33

Competitive Comparison of Owlet's Days Payable

For the Health Information Services subindustry, Owlet'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.

Owlet's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Owlet's Days Payable distribution charts can be found below:

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

Owlet 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.

Owlet'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
=	( (30.432	+	13.679)	/	2 )	/	31.423	*	365
=	22.0555					/	31.423	*	365
=	256.19

Owlet's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.365	+	13.679)	/	2 )	/	11.132	*	365 / 4
=	16.022					/	11.132	*	365 / 4
=	131.33

Owlet Days Payable Related Terms

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

Owlet (OWLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Owlet Inc (NYSE:OWLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3300 North Ashton Boulevard, Suite 300, Lehi, UT, USA, 84043

Website

https://www.owletcare.com

Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.

Executives

Kathryn R. Scolnick	officer: Chief Financial Officer	3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Kurt Workman	director, officer: Chief Executive Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Marc F Stoll	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Harris	officer: President & CRO	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Melissa Gonzales	director	C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel	director	514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc	10 percent owner	155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott	director, officer: President	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo	officer: Chief Accounting Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke	director	C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043