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Urgently (Urgently) Days Payable : 22.47 (As of Dec. 2023)


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What is Urgently Days Payable?

Urgently's average Accounts Payable for the three months ended in Dec. 2023 was $8.6 Mil. Urgently's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.9 Mil. Hence, Urgently's Days Payable for the three months ended in Dec. 2023 was 22.47.

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

ULY' s Days Payable Range Over the Past 10 Years
Min: 11.44   Med: 13   Max: 22.93
Current: 22.93

During the past 3 years, Urgently's highest Days Payable was 22.93. The lowest was 11.44. And the median was 13.00.

ULY's Days Payable is ranked worse than
75.49% of 2526 companies
in the Software industry
Industry Median: 50.42 vs ULY: 22.93

Urgently's Days Payable increased from Dec. 2022 (15.78) to Dec. 2023 (22.47). It may suggest that Urgently delayed paying its suppliers.


Urgently Days Payable Historical Data

The historical data trend for Urgently'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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Urgently Days Payable Chart

Urgently Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
11.44 13.00 14.94

Urgently Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only 15.78 22.13 28.11 27.30 22.47

Competitive Comparison of Urgently's Days Payable

For the Software - Application subindustry, Urgently'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.


Urgently's Days Payable Distribution in the Software Industry

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

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



Urgently 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.

Urgently'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
=( (7.536 + 4.478) / 2 ) / 146.772*365
=6.007 / 146.772*365
=14.94

Urgently'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
=( (12.692 + 4.478) / 2 ) / 34.867*365 / 4
=8.585 / 34.867*365 / 4
=22.47

* 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.


Urgently Days Payable Related Terms

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Urgently (Urgently) Business Description

Traded in Other Exchanges
N/A
Address
8609 Westwood Center Drive, Suite 810, Vienna, VA, USA, 22182
Urgent.ly Inc is a leading connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.
Executives
Volkow Ben director 16 ABBA EBAN BLVD., HERZLIYA PITUACH L3 467256
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Timothy C. Huffmyer officer: Chief Financial Officer 1000 PARK DRIVE, LAWRENCE PA 15055
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Gina Domanig director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Ryan Pollock director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Matthew Booth director, officer: Chief Executive Officer 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Suzie Doran director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182