Information Services Group (Information Services Group) Days Payable : 25.76 (As of Dec. 2023)

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What is Information Services Group Days Payable?

Information Services Group's average Accounts Payable for the three months ended in Dec. 2023 was $11.5 Mil. Information Services Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $40.9 Mil. Hence, Information Services Group's Days Payable for the three months ended in Dec. 2023 was 25.76.

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

III' s Days Payable Range Over the Past 10 Years
Min: 17.85 Med: 21.64 Max: 34.52
Current: 25.08

During the past 13 years, Information Services Group's highest Days Payable was 34.52. The lowest was 17.85. And the median was 21.64.

III's Days Payable is ranked worse than
73.13% of 2523 companies
in the Software industry
Industry Median: 51.48 vs III: 25.08

Information Services Group's Days Payable declined from Dec. 2022 (26.25) to Dec. 2023 (25.76). It may suggest that Information Services Group accelerated paying its suppliers.

Information Services Group Days Payable Historical Data

The historical data trend for Information Services Group'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.

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Information Services Group Days Payable Chart

Information Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.63

24.40

29.61

34.52

27.77

Information Services Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															26.25	27.33	22.35	21.95	25.76

Competitive Comparison of Information Services Group's Days Payable

For the Information Technology Services subindustry, Information Services Group'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.

Information Services Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Information Services Group's Days Payable falls into.

Information Services Group 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.

Information Services Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (15.925	+	11.302)	/	2 )	/	178.913	*	365
=	13.6135					/	178.913	*	365
=	27.77

Information Services Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.771	+	11.302)	/	2 )	/	40.865	*	365 / 4
=	11.5365					/	40.865	*	365 / 4
=	25.76

Information Services Group Days Payable Related Terms

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Information Services Group (Information Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Information Services Group Inc (NAS:III) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2187 Atlantic Street, Stamford, CT, USA, 06902

Website

https://www.isg-one.com

Information Services Group Inc is a US-based technology insight, market intelligence, and advisory services firm. It principally offers digital transformation services, such as automation and cloud & data analytics; managed governance; network carrier services; technology strategy & operations design; changes management; market intelligence & technology research and analysis. It operates in one segment, fact-based sourcing advisory services. Its geographical segments are the Americas, Europe, and Asia-pacific.

Executives

Michael P Connors	director, 10 percent owner, officer: Chairman and CEO
Todd D. Lavieri	officer: Vice Chairman	C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902
Michael A. Sherrick	officer: EVP & Chief Financial Officer	2187 ATLANTIC STREET, STAMFORD CT 06902
Gerald S Hobbs	director
Bruce Pfau	director	C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902
Neil G Budnick	director	C/O INFORMATION SERVICES GROUP, INC., TWO STAMFORD PLAZA, 281 TRESSER BLVD, STAMFORD CT 06901
Humberto P Alfonso	officer: EVP & CFO	1085 OCEAN AVENUE, MANTOLOKING NJ 08738
Thomas S. Kucinski	officer: EVP & Chief HR Officer	TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
David E. Berger	officer: Executive Vice President & CFO	TWO STAMFORD PLAZA, 9TH FLOOR, STAMFORD CT 06901
Kalpana Raina	director	111 RIVER STREET, C/O JOHN WILEY & SONS, INC., HOBOKEN NJ 07030
Chevrillon & Associes	10 percent owner	4/6 ROND POINT DES CHAMPS ELYSEES, PARIS I0 75008
Christine Putur	director	TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
R James Cravens	officer: EVP, Chief HR & Comm Officer	TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
David Whitmore	officer: Vice Chairman, Pres.-ISG Amer.	TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Guillermo Marmol	director	C/O FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120