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GlobalSCAPE (GlobalSCAPE) Days Payable : 33.98 (As of Jun. 2020)


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What is GlobalSCAPE Days Payable?

GlobalSCAPE's average Accounts Payable for the three months ended in Jun. 2020 was $0.60 Mil. GlobalSCAPE's Cost of Goods Sold for the three months ended in Jun. 2020 was $1.61 Mil. Hence, GlobalSCAPE's Days Payable for the three months ended in Jun. 2020 was 33.98.

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

GSB's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.42
* Ranked among companies with meaningful Days Payable only.

GlobalSCAPE's Days Payable declined from Jun. 2019 (49.48) to Jun. 2020 (33.98). It may suggest that GlobalSCAPE accelerated paying its suppliers.


GlobalSCAPE Days Payable Historical Data

The historical data trend for GlobalSCAPE'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.

GlobalSCAPE Days Payable Chart

GlobalSCAPE Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.24 51.31 83.13 79.60 46.62

GlobalSCAPE Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.48 42.46 35.08 37.61 33.98

Competitive Comparison of GlobalSCAPE's Days Payable

For the Software - Application subindustry, GlobalSCAPE'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.


GlobalSCAPE's Days Payable Distribution in the Software Industry

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

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



GlobalSCAPE 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.

GlobalSCAPE's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.82 + 0.746) / 2 ) / 6.13*365
=0.783 / 6.13*365
=46.62

GlobalSCAPE's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0.558 + 0.639) / 2 ) / 1.607*365 / 4
=0.5985 / 1.607*365 / 4
=33.98

* 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.


GlobalSCAPE Days Payable Related Terms

Thank you for viewing the detailed overview of GlobalSCAPE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


GlobalSCAPE (GlobalSCAPE) Business Description

Traded in Other Exchanges
N/A
Address
4500 Lockhill-Selma, Suite 150, San Antonio, TX, USA, 78249
GlobalSCAPE Inc is a US-based company involved in the business of development and sale of computer software that provides secure information exchange, data transfer and sharing capabilities for enterprises and consumers. Its primary business is selling and supporting managed file transfer (MFT) software for enterprises based on the Enhanced File Transfer (EFT) platform.
Executives
Mark C Hood officer: Chief Operating Officer C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
David L Mann director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
David Christopher Mello officer: EVP of Technical Services 4500 LOCKHILL SELMA STE 150 SAN ANTONIO TX 78249
Karen J. Young officer: Chief Financial Officer 12211 HART CREST SAN ANTONIO TX 78249
Thomas Enfield Hicks director 1803 CENTURY OAK TRAIL SAN ANTONIO TX 78232
Michael Patrick Canavan officer: EVP of Sales & Marketing 4500 LOCKHILL-SELMA, SUITE 150 SAN ANTONIO TX 78249
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner, officer: Chief Executive Officer 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/gsb Acquisition Partners, Llc 10 percent owner 8214 WESTCHESTER DRIVE SUITE 950 DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Frank M Morgan director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
Matthew Craig Goulet director, officer: President and CEO 4500 LOCKHILL-SELMA SUITE 150 SAN ANTONIO TX 78254