Global Payments (Global Payments) Days Payable

: 28.74 (As of Dec. 2023)

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Global Payments's average Accounts Payable for the three months ended in Dec. 2023 was $290 Mil. Global Payments's Cost of Goods Sold for the three months ended in Dec. 2023 was $922 Mil. Hence, Global Payments's Days Payable for the three months ended in Dec. 2023 was 28.74.

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

GPN' s Days Payable Range Over the Past 10 Years
Min: 6.05 Med: 16.37 Max: 25.45
Current: 25.45

During the past 13 years, Global Payments's highest Days Payable was 25.45. The lowest was 6.05. And the median was 16.37.

GPN's Days Payable is ranked worse than
71.47% of 929 companies
in the Business Services industry
Industry Median: 47.75 vs GPN: 25.45

Global Payments's Days Payable increased from Dec. 2022 (22.56) to Dec. 2023 (28.74). It may suggest that Global Payments delayed paying its suppliers.

Global Payments Days Payable Historical Data

The historical data trend for Global Payments'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.

Global Payments Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

19.74

13.84

18.90

23.74

25.45

Global Payments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																22.56	22.09	-	-	28.74

Competitive Comparison

For the Specialty Business Services subindustry, Global Payments'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.

Global Payments Days Payable Distribution

For the Business Services industry and Industrials sector, Global Payments's Days Payable distribution charts can be found below:

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

Global Payments 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.

Global Payments'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
=	( (229.436	+	290.437)	/	2 )	/	3727.521	*	365
=	259.9365					/	3727.521	*	365
=	25.45

Global Payments'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
=	( (0	+	290.437)	/	1 )	/	922.284	*	365 / 4
=	290.437					/	922.284	*	365 / 4
=	28.74

Global Payments Days Payable Related Terms

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Global Payments (Global Payments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Payments Inc (NYSE:GPN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GPN:Mexico GLO:Germany

Address

3550 Lenox Road, Atlanta, GA, USA, 30326

Website

https://www.globalpaymentsinc.com

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.

Executives

M Troy Woods	director	ONE TSYS WAY, COLUMBUS GA 31901
Baldwin Robert H B Jr	director	C/O HEARTLAND PAYMENT SYSTEMS, INC., 90 NASSAU STREET, PRINCETON NJ 08542
David M Sheffield	officer: Chief Accounting Officer	10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30328
David Lawrence Green	officer: EVP and General Counsel	1431 FAIRVIEW ROAD NE, ATLANTA GA 30306
Kirsten Marie Kliphouse	director	531 SOUTH SPRING STREET, BURLINGTON NC 27215
Joshua J Whipple	officer: Senior Executive VP and CFO	3550 LENOX ROAD NE, ATLANTA GA 30326
Guido Francesco Sacchi	officer: EVP and CIO	533 ORME CIRCLE NE, ATLANTA GA 30306
Andrea M Carter	officer: Senior Executive VP and CHRO	600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Jeffrey Steven Sloan	director, officer: CEO	5048 NORTHSIDE DRIVE, ATLANTA GA 30327
John G Bruno	director
Sla Ii Galaxy Gp, L.l.c.	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Holdings, L.p.	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Galaxy Co-invest, L.p.	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Aggregator, L.p.	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Group, L.l.c.	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025