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Guidewire Software Inc (NYSE:GWRE)
Days Payable
20.15 (As of Apr. 2016)

Guidewire Software Inc's payable for the three months ended in Apr. 2016 was $8.6 Mil. Guidewire Software Inc's cost of goods sold for the three months ended in Apr. 2016 was $39.0 Mil. Hence, Guidewire Software Inc's days payable for the three months ended in Apr. 2016 was 20.15.

GWRE' s Days Payable Range Over the Past 10 Years
Min: 17.23   Max: 39.06
Current: 21.17

17.23
39.06

During the past 7 years, Guidewire Software Inc's highest Days Payable was 39.06. The lowest was 17.23. And the median was 23.06.

GWRE's Days Payable is ranked lower than
76% of the 1346 Companies
in the Global Software - Infrastructure industry.

( Industry Median: 43.98 vs. GWRE: 21.17 )

Guidewire Software Inc's days payable declined from Apr. 2015 (24.57) to Apr. 2016 (20.15). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.816/147.184*365
=21.86

Guidewire Software Inc's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.614/39.007*365 / 4
=20.15

* 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

Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 0.000.000.0028.5224.1423.0639.0618.0617.2321.86

Guidewire Software Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 14.4516.1416.6018.1318.7624.5720.4015.4218.9820.15
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