NetScout Systems (NetScout Systems) Days Payable : 32.11 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is NetScout Systems Days Payable?

NetScout Systems's average Accounts Payable for the three months ended in Dec. 2023 was $15.4 Mil. NetScout Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.6 Mil. Hence, NetScout Systems's Days Payable for the three months ended in Dec. 2023 was 32.11.

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

NTCT' s Days Payable Range Over the Past 10 Years
Min: 29.91 Med: 36.66 Max: 47.51
Current: 29.91

During the past 13 years, NetScout Systems's highest Days Payable was 47.51. The lowest was 29.91. And the median was 36.66.

NTCT's Days Payable is ranked worse than
67.7% of 2523 companies
in the Software industry
Industry Median: 51.48 vs NTCT: 29.91

NetScout Systems's Days Payable increased from Dec. 2022 (29.66) to Dec. 2023 (32.11). It may suggest that NetScout Systems delayed paying its suppliers.

NetScout Systems Days Payable Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Days Payable Chart

NetScout Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

39.29

33.60

31.20

34.02

31.44

NetScout Systems 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															29.66	28.59	27.95	31.76	32.11

Competitive Comparison of NetScout Systems's Days Payable

For the Software - Infrastructure subindustry, NetScout Systems'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.

NetScout Systems's Days Payable Distribution in the Software Industry

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

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

NetScout Systems 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.

NetScout Systems's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (21.959	+	16.473)	/	2 )	/	223.098	*	365
=	19.216					/	223.098	*	365
=	31.44

NetScout Systems'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
=	( (15.569	+	15.132)	/	2 )	/	43.624	*	365 / 4
=	15.3505					/	43.624	*	365 / 4
=	32.11

NetScout Systems Days Payable Related Terms

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

NetScout Systems (NetScout Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetScout Systems Inc (NAS:NTCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NSZ:Germany

Address

310 Littleton Road, Westford, MA, USA, 01886-4105

Website

https://www.netscout.com

NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.

Executives

Michael Szabados	officer: Chief Operating Officer	271 MATTISON DRIVE, CONCORD MA 01742
John Downing	officer: SVP, Worldwide Sales Operation	310 LITTLETON ROAD, WESTFORD MA 01886
Hadzima Joseph G Jr	director	ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142
Jean A Bua	officer: See Remarks
Marlene Pelage	director	C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Shannon Nash	director	C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107
Vivian M Vitale	director
Vincent J Mullarkey	director	2 WINGATE LANE, ACTON MA 01720
Susan Louise Spradley	director	C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Alfred Grasso	director	C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Victor Demarines	director
Christopher Perretta	director	C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
John R Egan	director	176 SOUTH ST., HOPKINTON MA 01748
Robert E Donahue	director
Anil K Singhal	director, officer: Chief Executive Officer	C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886