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SAP SE (SAP SE) Days Payable

: 67.84 (As of Dec. 2023)
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SAP SE's average Accounts Payable for the three months ended in Dec. 2023 was $1,836 Mil. SAP SE's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,469 Mil. Hence, SAP SE's Days Payable for the three months ended in Dec. 2023 was 67.84.

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

SAP' s Days Payable Range Over the Past 10 Years
Min: 48.95   Med: 65.87   Max: 84.61
Current: 73.54

During the past 13 years, SAP SE's highest Days Payable was 84.61. The lowest was 48.95. And the median was 65.87.

SAP's Days Payable is ranked better than
60.33% of 2523 companies
in the Software industry
Industry Median: 51.49 vs SAP: 73.54

SAP SE's Days Payable declined from Dec. 2022 (83.82) to Dec. 2023 (67.84). It may suggest that SAP SE accelerated paying its suppliers.


SAP SE Days Payable Historical Data

The historical data trend for SAP SE'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.

SAP SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.89 65.06 77.15 87.00 81.38

SAP SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.82 78.90 67.44 69.86 67.84

Competitive Comparison

For the Software - Application subindustry, SAP SE'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.


SAP SE Days Payable Distribution

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

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



SAP SE 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.

SAP SE'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
=( (2273.305 + 1944.384) / 2 ) / 9458.015*365
=2108.8445 / 9458.015*365
=81.38

SAP SE'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
=( (1726.788 + 1944.384) / 2 ) / 2468.92*365 / 4
=1835.586 / 2468.92*365 / 4
=67.84

* 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.


SAP SE Days Payable Related Terms

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


SAP SE (SAP SE) Business Description

Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.