PTC (PTC) Days Payable

: 24.00 (As of Dec. 2023)

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PTC's average Accounts Payable for the three months ended in Dec. 2023 was $29 Mil. PTC's Cost of Goods Sold for the three months ended in Dec. 2023 was $110 Mil. Hence, PTC's Days Payable for the three months ended in Dec. 2023 was 24.00.

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

PTC' s Days Payable Range Over the Past 10 Years
Min: 17.59 Med: 32.08 Max: 53.8
Current: 24.54

During the past 13 years, PTC's highest Days Payable was 53.80. The lowest was 17.59. And the median was 32.08.

PTC's Days Payable is ranked worse than
73.98% of 2525 companies
in the Software industry
Industry Median: 51.49 vs PTC: 24.54

PTC's Days Payable declined from Dec. 2022 (37.69) to Dec. 2023 (24.00). It may suggest that PTC accelerated paying its suppliers.

PTC Days Payable Historical Data

The historical data trend for PTC'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.

PTC Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

53.80

36.77

28.67

34.77

34.61

PTC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																37.69	30.82	22.13	24.41	24.00

Competitive Comparison

For the Software - Application subindustry, PTC'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.

PTC Days Payable Distribution

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

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

PTC 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.

PTC's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (40.153	+	43.48)	/	2 )	/	441.006	*	365
=	41.8165					/	441.006	*	365
=	34.61

PTC'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
=	( (43.48	+	14.384)	/	2 )	/	110.02	*	365 / 4
=	28.932					/	110.02	*	365 / 4
=	24.00

PTC Days Payable Related Terms

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

PTC (PTC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PTC:Mexico PMTA:Germany PMTA:Germany

Address

121 Seaport Boulevard, Boston, MA, USA, 02210

Website

https://www.ptc.com

PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).

Executives

Robert Schechter	director	C/O NMS COMMUNICATIONS, 100 CROSSING BLVD, FRAMINGHAM MA 01702
Kristian Talvitie	officer: Chief Financial Officer	121 SEAPORT BOULEVARD, BOSTON MA 02210
Michael Ditullio	officer: EVP	121 SEAPORT BLVD, BOSTON MA 02210
Von Staats Aaron C	officer: SVP, General Counsel and Clerk	C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST, NEEDHAM MA 02494
Catherine Kniker	officer: Chief Strategy Officer	C/O 121 SEAPORT BOULEVARD, BOSTON MA 02210
Paul A Lacy	director	KRONOS INCORP, 297 BILLERICA RD, CHELMSFORD MA 01824
Lathan Corinna	director	140 KENDRICK STREET, NEEDHAM MA 02494
Blake D. Moret	director	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Neil Barua	director, officer: CEO-Elect	C/O SERVICEMAX, INC., 4450 ROSEWOOD DRIVE #200, PLEASANTON CA 94588
Janesh Moorjani	director	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michal Katz	director	42 ROCK SHELTER ROAD, WACCABUC NY 10597
James E Heppelmann	officer: EVP, Chief Product Officer	C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Amarpreet Hanspal	director	AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Phillip M Fernandez	director	C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Mark D Benjamin	director	NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803