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Guidewire Software Inc (NYSE:GWRE)
Days Payable
7.12 (As of Apr. 2014)

Guidewire Software Inc's payable for the three months ended in Apr. 2014 was $6.4 Mil. Guidewire Software Inc's revenue for the three months ended in Apr. 2014 was $82.0 Mil. Hence, Guidewire Software Inc's days payable for the three months ended in Apr. 2014 was 7.12.

Guidewire Software Inc's days payable declined from Apr. 2013 (9.38) to Apr. 2014 (7.12). It may suggest that Guidewire Software Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Guidewire Software Inc's Days Payable for the fiscal year that ended in Jul. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=6.517/300.649*365
=7.91

Guidewire Software Inc's Days Payable for the quarter that ended in Apr. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=6.418/82.035*91
=7.12

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Guidewire Software Inc Annual Data

Jul09Jul10Jul11Jul12Jul13
DaysPayable 0.000.000.000.000.0014.029.259.6015.387.91

Guidewire Software Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysPayable 9.758.8813.179.378.059.386.129.476.247.12
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