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Guidewire Software Inc (NYSE:GWRE)
Days Payable
18.13 (As of Oct. 2014)

Guidewire Software Inc's payable for the three months ended in Oct. 2014 was $7.1 Mil. Guidewire Software Inc's cost of goods sold for the three months ended in Oct. 2014 was $35.8 Mil. Hence, Guidewire Software Inc's days payable for the three months ended in Oct. 2014 was 18.13.

Guidewire Software Inc's days payable increased from Oct. 2013 (16.69) to Oct. 2014 (18.13). It may suggest that Guidewire Software Inc delayed 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.03/148.947*365
=17.23

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=7.106/35.771*365 / 4
=18.13

* 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

Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 0.000.000.000.0028.5224.1423.0639.0618.9317.23

Guidewire Software Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
DaysPayable 32.8121.5818.5617.8319.3616.6913.5015.6819.4618.13
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