Reklaim (TSXV:MYID) Days Payable : 321.19 (As of Dec. 2023)

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What is Reklaim Days Payable?

Reklaim's average Accounts Payable for the three months ended in Dec. 2023 was C$1.15 Mil. Reklaim's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.33 Mil. Hence, Reklaim's Days Payable for the three months ended in Dec. 2023 was 321.19.

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

TSXV:MYID' s Days Payable Range Over the Past 10 Years
Min: 186.94 Med: 588.23 Max: 47815
Current: 627.05

During the past 13 years, Reklaim's highest Days Payable was 47815.00. The lowest was 186.94. And the median was 588.23.

TSXV:MYID's Days Payable is ranked better than
93.72% of 2531 companies
in the Software industry
Industry Median: 50.13 vs TSXV:MYID: 627.05

Reklaim's Days Payable declined from Dec. 2022 (326.45) to Dec. 2023 (321.19). It may suggest that Reklaim accelerated paying its suppliers.

Reklaim Days Payable Historical Data

The historical data trend for Reklaim'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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Reklaim Days Payable Chart

Reklaim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47,815.00

875.72

186.94

206.37

588.23

Reklaim Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															326.45	830.16	830.68	753.18	321.19

Competitive Comparison of Reklaim's Days Payable

For the Software - Application subindustry, Reklaim'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.

Reklaim's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Reklaim's Days Payable distribution charts can be found below:

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

Reklaim 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.

Reklaim'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
=	( (1.915	+	1.089)	/	2 )	/	0.932	*	365
=	1.502					/	0.932	*	365
=	588.23

Reklaim'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
=	( (1.206	+	1.089)	/	2 )	/	0.326	*	365 / 4
=	1.1475					/	0.326	*	365 / 4
=	321.19

Reklaim Days Payable Related Terms

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Reklaim (TSXV:MYID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reklaim Ltd (TSXV:MYID) » Definitions » Days Payable

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MYIDF:USA

Address

333 Bay Street, Bay Adelaide Centre, West Tower, Suite 1100, Toronto, ON, CAN, M5H2R2

Website

https://www.reklaimyours.com

Reklaim Ltd is a privacy-compliant identity ecosystem, available both online and as a mobile application on iOS and Android in the United States, Canada, Australia, Singapore, and New Zealand. It allows consumers control and visibility regarding how their data is collected and compensates them for its use, while also providing advertisers and brands with a compliant data source.

Executives

Robert Fernicola

Director

Reklaim (TSXV:MYID) Headlines

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