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HashiCorp (HashiCorp) Days Payable

: 25.70 (As of Jan. 2024)
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HashiCorp's average Accounts Payable for the three months ended in Jan. 2024 was $7.6 Mil. HashiCorp's Cost of Goods Sold for the three months ended in Jan. 2024 was $27.0 Mil. Hence, HashiCorp's Days Payable for the three months ended in Jan. 2024 was 25.70.

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

HCP' s Days Payable Range Over the Past 10 Years
Min: 32.78   Med: 56.01   Max: 82.31
Current: 32.78

During the past 5 years, HashiCorp's highest Days Payable was 82.31. The lowest was 32.78. And the median was 56.01.

HCP's Days Payable is ranked worse than
64.28% of 2525 companies
in the Software industry
Industry Median: 51.49 vs HCP: 32.78

HashiCorp's Days Payable declined from Jan. 2023 (55.97) to Jan. 2024 (25.70). It may suggest that HashiCorp accelerated paying its suppliers.


HashiCorp Days Payable Historical Data

The historical data trend for HashiCorp'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.

HashiCorp Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
82.31 47.11 56.01 56.06 36.15

HashiCorp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.97 44.15 32.92 24.60 25.70

Competitive Comparison

For the Software - Infrastructure subindustry, HashiCorp'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.


HashiCorp Days Payable Distribution

For the Software industry and Technology sector, HashiCorp's Days Payable distribution charts can be found below:

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



HashiCorp 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.

HashiCorp's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (12.45 + 9.081) / 2 ) / 108.699*365
=10.7655 / 108.699*365
=36.15

HashiCorp's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (6.111 + 9.081) / 2 ) / 26.972*365 / 4
=7.596 / 26.972*365 / 4
=25.70

* 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.


HashiCorp Days Payable Related Terms

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HashiCorp (HashiCorp) Business Description

Traded in Other Exchanges
Address
101 Second Street, Suite 700, San Francisco, CA, USA, 94105
HashiCorp Inc is engaged in solving the infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Its cloud operating model provides consistent workflows and a standardized approach to automate the processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. Its main commercial products are Terraform, Vault, Consul, and Nomad.
Executives
Armon Dadgar director, 10 percent owner, officer: Chief Technology Officer C/O HASHICORP INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Navam Welihinda officer: Chief Financial Officer C/O HASHICORP INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Marc Holmes officer: Chief Marketing Officer C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Ledger Susan St. director C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
David Mcjannet director, officer: CEO & Chairman C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Brandon Sweeney officer: Chief Revenue Officer C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Sigal Zarmi director 1501 YAMATO ROAD, BOCA RATON FL 33431
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Mayfield Xiv, A Cayman Islands Exempted Limited Partnership 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Glenn Solomon director, 10 percent owner C/O GGV CAPITAL, 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Ggv Capital Select L.l.c. 10 percent owner 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Ggv Capital V L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Mayfield Select Management (egp), L.p. 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Mf Leaders H-e, L.p. 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Mf Leaders Management, L.l.c. 10 percent owner C/O MAYFIELD, 2484 SAND HILL ROAD, MENLO PARK CA 94025