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Guidewire Software Inc (NYSE:GWRE)
Days Accounts Payable
19.46 (As of Jul. 2014)

Guidewire Software Inc's accounts payable for the three months ended in Jul. 2014 was $7.0 Mil. Guidewire Software Inc's cost of goods sold for the three months ended in Jul. 2014 was $33.0 Mil. Hence, Guidewire Software Inc's days accounts payable for the three months ended in Jul. 2014 was 19.46.

Guidewire Software Inc's days accounts payable increased from Jul. 2013 (16.16) to Jul. 2014 (19.46). It may suggest that Guidewire Software Inc delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Guidewire Software Inc's Days Accounts Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=7.03/148.947*365
=17.23

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=7.03/32.964*365 / 4
=19.46

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


Related Terms

Accounts Payable, COGS


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
Days Accts Payable 0.000.000.000.0028.5224.1423.0639.0618.0617.23

Guidewire Software Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Days Accts Payable 21.1732.8121.5818.5617.8316.1615.8313.5015.6819.46
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