System1 (System1) Days Payable : 15.67 (As of Dec. 2023)

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What is System1 Days Payable?

System1's average Accounts Payable for the three months ended in Dec. 2023 was $10.1 Mil. System1's Cost of Goods Sold for the three months ended in Dec. 2023 was $58.6 Mil. Hence, System1's Days Payable for the three months ended in Dec. 2023 was 15.67.

The historical rank and industry rank for System1's Days Payable or its related term are showing as below:

SST' s Days Payable Range Over the Past 10 Years
Min: 11.89 Med: 25.82 Max: 63.27
Current: 13.09

During the past 6 years, System1's highest Days Payable was 63.27. The lowest was 11.89. And the median was 25.82.

SST's Days Payable is ranked worse than
86.36% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs SST: 13.09

System1's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (15.67). It may suggest that System1 delayed paying its suppliers.

System1 Days Payable Historical Data

The historical data trend for System1'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.

System1 Days Payable Chart

System1 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

63.27

25.91

25.73

11.89

System1 Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											-	6.81	15.16	27.55	15.67

Competitive Comparison of System1's Days Payable

For the Specialty Business Services subindustry, System1'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.

System1's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, System1's Days Payable distribution charts can be found below:

* The bar in red indicates where System1's Days Payable falls into.

System1 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.

System1'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
=	( (6.707	+	9.499)	/	2 )	/	248.745	*	365
=	8.103					/	248.745	*	365
=	11.89

System1'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
=	( (10.604	+	9.499)	/	2 )	/	58.55	*	365 / 4
=	10.0515					/	58.55	*	365 / 4
=	15.67

System1 Days Payable Related Terms

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System1 (System1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » System1 Inc (NYSE:SST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4235 Redwood Avenue, Marina Del Rey, CA, USA, 90066

Website

https://www.system1.com

System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It serves customers in the areas of health and wellness, automotive, personal finance, travel, and entertainment. The company's segment includes Owned and Operated Advertising (O&O); Partner Network and Subscription. It generates maximum revenue from the Owned and Operated Advertising (O&O) segment.

Executives

Stanley Blend	10 percent owner	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Cannae Holdings, Inc.	10 percent owner	C/O CANNAE HOLDINGS, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Taryn Jogi Naidu	director	C/O DEMAND MEDIA, INC., 1299 OCEAN AVENUE, FIFTH FLOOR, SANTA MONICA CA 90401
Lone Star Friends Trust	10 percent owner	2301 BROADWAY STREET, SAN ANTONIO TX 78215
Tridivesh Kidambi	officer: CFO & Treasurer	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Christopher Stephen Phillips	director, 10 percent owner	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Ryan R. Caswell	director	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Cannae Holdings, Llc	10 percent owner	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
John Civantos	director	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Moujan Kazerani	director	C/O TAILWIND ACQUISITION, 1545 COURTNEY AVENUE, LOS ANGELES CA 90046
Caroline Horn	director	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Paul Filsinger	officer: President	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Elizabeth Sestanovich	officer: Chief People Officer	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Jennifer Mindy Prince	director	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Brian Coppola	officer: Chief Product Officer	C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010