Radware (Radware) Days Payable : 36.88 (As of Dec. 2023)

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

What is Radware Days Payable?

Radware's average Accounts Payable for the three months ended in Dec. 2023 was $5.2 Mil. Radware's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.8 Mil. Hence, Radware's Days Payable for the three months ended in Dec. 2023 was 36.88.

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

RDWR' s Days Payable Range Over the Past 10 Years
Min: 28.51 Med: 43.38 Max: 91.12
Current: 41.65

During the past 13 years, Radware's highest Days Payable was 91.12. The lowest was 28.51. And the median was 43.38.

RDWR's Days Payable is ranked worse than
56.19% of 2522 companies
in the Software industry
Industry Median: 51.485 vs RDWR: 41.65

Radware's Days Payable declined from Dec. 2022 (43.39) to Dec. 2023 (36.88). It may suggest that Radware accelerated paying its suppliers.

Radware Days Payable Historical Data

The historical data trend for Radware'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.

Radware Days Payable Chart

Radware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.62

41.28

28.51

36.49

37.98

Radware 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															43.39	38.72	45.38	49.46	36.88

Competitive Comparison of Radware's Days Payable

For the Software - Infrastructure subindustry, Radware'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.

Radware's Days Payable Distribution in the Software Industry

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

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

Radware 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.

Radware'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
=	( (6.464	+	4.298)	/	2 )	/	51.71	*	365
=	5.381					/	51.71	*	365
=	37.98

Radware'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
=	( (6.069	+	4.298)	/	2 )	/	12.824	*	365 / 4
=	5.1835					/	12.824	*	365 / 4
=	36.88

Radware Days Payable Related Terms

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

Radware (Radware) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Radware Ltd (NAS:RDWR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Raoul Wallenberg Street, Tel Aviv, ISR, 6971917

Website

https://www.radware.com

Radware Ltd develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems, and other security products geared toward large enterprise and service provider segments. It offers an infrastructure that supports our DDoS scrubbing center services, WAF and bot management cloud-based services. In addition, It provides other services through the cloud, such as Cloud Workload Protect and Content Delivery Network.