Mitek Systems

Mitek Systems Payables Turnover

The Payables Turnover Ratio of Mitek Systems (MITK) as of Nov 13, 2026 is 6.91. In the previous year, Payables Turnover Ratio was 3.37 — a change of 105.10% (higher).

Payables Turnover

6.91

YoY

105.10%

Last updated:

Payables Turnover Ratio of Mitek Systems is 2025 6.91 . Payables Turnover Ratio of Mitek Systems was 2024 3.37 . It decreases by 105.10% higher compared to the previous year.

The Mitek Systems Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2018
2.43 USD
Jan 1, 2019
3.45 USD
Jan 1, 2020
3.37 USD
Jan 1, 2021
5.80 USD
Jan 1, 2022
4.02 USD
Jan 1, 2023
3.02 USD
Jan 1, 2024
3.37 USD
Jan 1, 2025
6.91 USD
The Mitek Systems Payables Turnover history
YEARPayables TurnoverYoY
6.91+105.10%
3.37+11.48%
3.02-24.82%
4.02-30.64%
5.80+71.86%
3.37-2.19%
3.45+41.93%
2.43+15.38%
2.11-18.21%
2.58+60.33%
1.61+34.06%
1.20—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Mitek Systems Stock analysis

What does Mitek Systems do? Mitek Systems Inc. is a US technology company specializing in mobile banking, mobile image processing, mobile identity verification, and mobile document recognition. The company has a long history of developing and implementing innovative technologies in mobile document capture. Their core areas of business include mobile deposit, mobile identity verification, and biometric authentication for mobile transactions. They also have a subsidiary, A2iA, specializing in handwritten and machine-printed text recognition. Mitek Systems aims to provide efficient and optimized solutions for businesses and organizations worldwide. Mitek Systems is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mitek Systems stock

Payables Turnover Ratio of Mitek Systems is 6.91 in 2025.

Payables Turnover Ratio of Mitek Systems changed from 3.37 to 6.91, representing a 105.10% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Payables Turnover Ratio Mitek Systems since 2006 – with annual values, charts, and detailed analysis.

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Payables Turnover Ratio's Mitek Systems with sector peers and the industry average to assess whether it is attractive.

To evaluate Payables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Payables Turnover Ratio.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Mitek Systems

All Key Metrics — Mitek Systems