Model N Inc

NYSE MODN

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Model N Inc Payables Turnover 1 year YoY Change (%) for the year ending September 30, 2023: 66.80%

Model N Inc Payables Turnover 1 year YoY Change (%) is 66.80% for the year ending September 30, 2023, a 988.29% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Model N Inc Payables Turnover for the year ending September 30, 2022 was 16.69, a -7.52% change year over year.
  • Model N Inc Payables Turnover for the year ending September 30, 2021 was 18.04, a -17.10% change year over year.
  • Model N Inc Payables Turnover for the year ending September 30, 2020 was 21.77, a -24.23% change year over year.
  • Model N Inc Payables Turnover for the year ending September 30, 2019 was 28.73, a -26.83% change year over year.
NYSE: MODN

Model N Inc

CEO Mr. Jason Blessing
IPO Date March 20, 2013
Location United States
Headquarters 777 Mariners Island Boulevard, San Mateo, CA, United States, 94404
Employees 1,089
Sector Technology
Industry Software - application
Description

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

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StockViz Staff

September 20, 2024

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