Edgio (EGIO) Days Payable : 87.77 (As of Sep. 2023)

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What is Edgio Days Payable?

Edgio's average Accounts Payable for the three months ended in Sep. 2023 was $71.0 Mil. Edgio's Cost of Goods Sold for the three months ended in Sep. 2023 was $73.8 Mil. Hence, Edgio's Days Payable for the three months ended in Sep. 2023 was 87.77.

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

EGIO' s Days Payable Range Over the Past 10 Years
Min: 18.91 Med: 24.69 Max: 74.03
Current: 74.03

During the past 13 years, Edgio's highest Days Payable was 74.03. The lowest was 18.91. And the median was 24.69.

EGIO's Days Payable is ranked better than
60.54% of 2524 companies
in the Software industry
Industry Median: 50.7 vs EGIO: 74.03

Edgio's Days Payable increased from Sep. 2022 (33.05) to Sep. 2023 (87.77). It may suggest that Edgio delayed paying its suppliers.

Edgio Days Payable Historical Data

The historical data trend for Edgio'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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Edgio Days Payable Chart

Edgio Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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24.38

32.54

21.09

18.91

50.08

Edgio Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															33.05	66.35	64.99	72.52	87.77

Competitive Comparison of Edgio's Days Payable

For the Software - Infrastructure subindustry, Edgio'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.

Edgio's Days Payable Distribution in the Software Industry

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

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

Edgio 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.

Edgio's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (10.624	+	52.776)	/	2 )	/	231.058	*	365
=	31.7					/	231.058	*	365
=	50.08

Edgio's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (63.799	+	78.252)	/	2 )	/	73.84	*	365 / 4
=	71.0255					/	73.84	*	365 / 4
=	87.77

Edgio Days Payable Related Terms

Thank you for viewing the detailed overview of Edgio's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Edgio (EGIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edgio Inc (NAS:EGIO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LNK:Germany

Address

11811 North Tatum Boulevard, Suite 3031, Phoenix, AZ, USA, 85028

Website

https://www.edg.io

Edgio Inc is an edge-enabled software solutions provider powering unmatched, secure digital experiences through a seamlessly integrated delivery, applications, and streaming platform. Its geographical segment includes the Americas, EMEA, and Asia Pacific of which it generates the majority of its revenue from the Americas region.

Executives

Eric Chang	officer: Chief Accounting Officer	AVIAT NETWORKS, 5200 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Stephen Cumming	officer: Chief Financial Officer	2325 ORCHARD PARKWAY, SAN JOSE CA 95131
Diegnan Richard P. Jr	officer: Chief Legal Officer	C/O INTERNAP CORPORATION, ONE RAVINIA DRIVE, SUITE 1300, ATLANTA GA 30346
Apollo Management Holdings, L.p.	10 percent owner	9 W. 57TH STREET, NEW YORK NY 10019
College Top Holdings, Inc.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent Holdings Gp, Llc	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Ix College Holdings, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
E-fei Wang	director	1465 NORTH SCOTTSDALE ROAD, STE 500, SCOTTSDALE AZ 85257
Apollo Management Ix, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Reed B Rayman	director	6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Dianne Ledingham	director	ONE ROGERS STREET, CAMBRIDGE MA 02142
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management, L.p.	10 percent owner	2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Gp, Llc	10 percent owner	TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577