SolarWinds (SolarWinds) Days Payable

: 39.04 (As of Dec. 2023)

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SolarWinds's average Accounts Payable for the three months ended in Dec. 2023 was $9.3 Mil. SolarWinds's Cost of Goods Sold for the three months ended in Dec. 2023 was $21.8 Mil. Hence, SolarWinds's Days Payable for the three months ended in Dec. 2023 was 39.04.

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

SWI' s Days Payable Range Over the Past 10 Years
Min: 14.35 Med: 21.68 Max: 49.81
Current: 44.06

During the past 8 years, SolarWinds's highest Days Payable was 49.81. The lowest was 14.35. And the median was 21.68.

SWI's Days Payable is ranked worse than
54.34% of 2525 companies
in the Software industry
Industry Median: 51.49 vs SWI: 44.06

SolarWinds's Days Payable declined from Dec. 2022 (49.86) to Dec. 2023 (39.04). It may suggest that SolarWinds accelerated paying its suppliers.

SolarWinds Days Payable Historical Data

The historical data trend for SolarWinds'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.

SolarWinds Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21.68

22.60

15.85

40.64

49.81

SolarWinds Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																49.86	47.85	41.09	42.54	39.04

Competitive Comparison

For the Software - Infrastructure subindustry, SolarWinds'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.

SolarWinds Days Payable Distribution

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

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

SolarWinds 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.

SolarWinds'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
=	( (14.045	+	9.701)	/	2 )	/	87.005	*	365
=	11.873					/	87.005	*	365
=	49.81

SolarWinds'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
=	( (8.996	+	9.701)	/	2 )	/	21.848	*	365 / 4
=	9.3485					/	21.848	*	365 / 4
=	39.04

SolarWinds Days Payable Related Terms

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

SolarWinds (SolarWinds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SolarWinds Corp (NYSE:SWI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0OIA:Germany

Address

7171 Southwest Parkway, Building 400, Austin, TX, USA, 78735

Website

https://www.solarwinds.com

SolarWinds Corp is a provider of information technology (IT), and management software. Company offers full-stack observability solutions. The company's business is focused on building products that enable technology professionals and leaders to securely monitor and manage the performance of their IT environments, whether on-premises, in the cloud or in hybrid deployments. The products offered are designed to monitor and manage networks, systems, databases and applications across on-premises, multi-cloud and hybrid IT environments without the need for customization or professional services. Majority of company's revenue is earned in United States.

Executives

Easwaran Sundaram	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Jason Bliss	officer: EVP General Counsel	7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
Rohini Kasturi	officer: EVP, Chief Product Officer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Andrea Webb	officer: EVP, Chief Customer Officer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Sudhakar Ramakrishna	director, officer: CEO & President	4750 WILLOW RD., PLEASANTON CA 94588
Cathleen A Benko	director	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Douglas P Smith	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
David Gardiner	officer: Executive VP, Core IT	7171 SOUTHWEST PKWY STE 400, AUSTIN TX 78735-6140
James Barton Kalsu	officer: EVP CFO & Treasurer	7171 SOUTHWEST PARKWAY, BUILDING 400, AUSTIN TX 78735
Hermes Usa Investors Venture Ii, Lp	other: See Remarks	C/O CORPORATION SERVICES COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808-1674
Neuberger Berman Insurance Fund Series Interests Of The Sali Multi-series Fund, L.p.	10 percent owner	325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Harbourvest Global Annual Private Equity Fund L.p.	other: See Remarks	HARBOURVEST PARTNERS, LLC, ONE FINANCIAL CENTER, 44TH FLOOR, BOSTON MA 02111
Alpinvest Partners B.v.	10 percent owner	JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Nb Alternatives Advisers Llc	10 percent owner	325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Howard Hughes Medical Institute	other: HHMI is a member of 10% group	4000 JONES BRIDGE ROAD, CHEVY CHASE MD 20815-6789