ePlus (PLUS) Days Payable : 71.80 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is ePlus Days Payable?

ePlus's average Accounts Payable for the three months ended in Dec. 2023 was $295 Mil. ePlus's Cost of Goods Sold for the three months ended in Dec. 2023 was $375 Mil. Hence, ePlus's Days Payable for the three months ended in Dec. 2023 was 71.80.

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

PLUS' s Days Payable Range Over the Past 10 Years
Min: 22.89 Med: 33.79 Max: 66.27
Current: 66.27

During the past 13 years, ePlus's highest Days Payable was 66.27. The lowest was 22.89. And the median was 33.79.

PLUS's Days Payable is ranked better than
57.35% of 2523 companies
in the Software industry
Industry Median: 51.44 vs PLUS: 66.27

ePlus's Days Payable increased from Dec. 2022 (46.29) to Dec. 2023 (71.80). It may suggest that ePlus delayed paying its suppliers.

ePlus Days Payable Historical Data

The historical data trend for ePlus'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.

ePlus Days Payable Chart

ePlus Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

33.92

25.87

38.54

40.43

41.95

ePlus 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															46.29	65.90	60.38	66.62	71.80

Competitive Comparison of ePlus's Days Payable

For the Software - Application subindustry, ePlus'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.

ePlus's Days Payable Distribution in the Software Industry

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

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

ePlus 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.

ePlus'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
=	( (136.161	+	220.159)	/	2 )	/	1550.194	*	365
=	178.16					/	1550.194	*	365
=	41.95

ePlus'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
=	( (295.855	+	294.705)	/	2 )	/	375.245	*	365 / 4
=	295.28					/	375.245	*	365 / 4
=	71.80

ePlus Days Payable Related Terms

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

ePlus (PLUS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MLE:Germany MLE:Germany

Address

13595 Dulles Technology Drive, Herndon, VA, USA, 20171-3413

Website

https://www.eplus.com

ePlus Inc is a holding company. ePlus through its subsidiaries provides information technology solutions. The company's technology solutions enable organizations to optimize their IT environment and supply chain processes. It also provides consulting, professional and managed services, and complete lifecycle management services including flexible financing solutions. ePlus focuses on selling to medium and large enterprises in the United States and to customers in select international markets including the United Kingdom, the European Union, India, Singapore, and Israel..

Executives

Darren S Raiguel	officer: Chief Operating Officer	25850 YELLOW BIRCH COURT, ALDIE VA 20105
Elaine D Marion	officer: Chief Financial Officer	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Renee Bergeron	director	1347 PANINI DRIVE, HENDERSON NV 89052
John E Callies	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171
Ira A Hunt	director	1051 DEAD RUN DRIVE, MCLEAN VA 22101
Maureen F Morrison	director	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Ben Xiang	director	15 MACARTHUR PLACE, UNIT 1604, SANTA ANA CA 92707
Eric D Hovde	10 percent owner	122 W. WASHINGTON AVENUE, SUITE 350, MADISON WI 53703
Bruce M Bowen	director, officer: Executive Vice President	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Mark P Marron	director, officer: Chief Executive Officer
Lawrence S Herman	director	C/O EPLUS INC, 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Faulders C Thomas Iii	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Phillip G Norton	director, 10 percent owner, officer: President/CEO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Terrence Odonnell	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Steven J Mencarini	officer: SVP/CFO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413