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Box (BOX) Days Payable : 76.72 (As of Jan. 2024)


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What is Box Days Payable?

Box's average Accounts Payable for the three months ended in Jan. 2024 was $53 Mil. Box's Cost of Goods Sold for the three months ended in Jan. 2024 was $63 Mil. Hence, Box's Days Payable for the three months ended in Jan. 2024 was 76.72.

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

BOX' s Days Payable Range Over the Past 10 Years
Min: 26.89   Med: 45.72   Max: 115.4
Current: 93.93

During the past 12 years, Box's highest Days Payable was 115.40. The lowest was 26.89. And the median was 45.72.

BOX's Days Payable is ranked better than
67.61% of 2522 companies
in the Software industry
Industry Median: 51.485 vs BOX: 93.93

Box's Days Payable declined from Jan. 2023 (119.36) to Jan. 2024 (76.72). It may suggest that Box accelerated paying its suppliers.


Box Days Payable Historical Data

The historical data trend for Box'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.

Box Days Payable Chart

Box Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.25 27.21 86.23 100.26 92.82

Box Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 119.36 109.86 93.47 - 76.72

Competitive Comparison of Box's Days Payable

For the Software - Infrastructure subindustry, Box'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.


Box's Days Payable Distribution in the Software Industry

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

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



Box 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.

Box's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (79.81 + 52.737) / 2 ) / 260.612*365
=66.2735 / 260.612*365
=92.82

Box's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0 + 52.737) / 1 ) / 62.721*365 / 4
=52.737 / 62.721*365 / 4
=76.72

* 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.


Box Days Payable Related Terms

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


Box (BOX) Business Description

Traded in Other Exchanges
Address
900 Jefferson Avenue, Redwood City, CA, USA, 94063
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Executives
Dylan C Smith director, 10 percent owner, officer: Chief Financial Officer C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Eli Berkovitch officer: VP Chief Acct Ofr & Controller 900 JEFFERSON AVE, REDWOOD CITY CA 94063
Aaron Levie director, 10 percent owner, officer: Chief Executive Officer C/O BOX INC, 4440 EL CAMINO, LOS ALTOS CA 94022
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Daniel J Levin director, 10 percent owner, officer: President & COO 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Amit Walia director 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
John Ihn Park director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, NEW YORK NY 10019
Jeff Mannie officer: VP Controller & Chief Acct Ofr C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Peter Leav director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Josh Stein director C/O DRAPER FISHER JURVETSON, 2882 SAND HILL ROAD SUITE 150, MENLO PARK CA 94025
Rory O'driscoll director, 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404