Vonage Holdings (Vonage Holdings) Days Payable : 24.28 (As of Mar. 2022)

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What is Vonage Holdings Days Payable?

Vonage Holdings's average Accounts Payable for the three months ended in Mar. 2022 was $49 Mil. Vonage Holdings's Cost of Goods Sold for the three months ended in Mar. 2022 was $182 Mil. Hence, Vonage Holdings's Days Payable for the three months ended in Mar. 2022 was 24.28.

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

VG' s Days Payable Range Over the Past 10 Years
Min: 15.01 Med: 36.64 Max: 85.78
Current: 21.62

During the past 13 years, Vonage Holdings's highest Days Payable was 85.78. The lowest was 15.01. And the median was 36.64.

VG's Days Payable is not ranked
in the Telecommunication Services industry.
Industry Median: 102.36 vs VG: 21.62

Vonage Holdings's Days Payable increased from Mar. 2021 (14.20) to Mar. 2022 (24.28). It may suggest that Vonage Holdings delayed paying its suppliers.

Vonage Holdings Days Payable Historical Data

The historical data trend for Vonage Holdings'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.

Vonage Holdings Days Payable Chart

Vonage Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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27.27

35.49

34.15

19.73

15.01

Vonage Holdings Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Payable	Get a 7-Day Free Trial															14.20	19.51	21.78	19.99	24.28

Competitive Comparison of Vonage Holdings's Days Payable

For the Telecom Services subindustry, Vonage Holdings'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.

Vonage Holdings's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonage Holdings's Days Payable distribution charts can be found below:

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

Vonage Holdings 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.

Vonage Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (17.464	+	39.662)	/	2 )	/	694.509	*	365
=	28.563					/	694.509	*	365
=	15.01

Vonage Holdings's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

	Days Payable (Q: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (39.662	+	57.382)	/	2 )	/	182.385	*	365 / 4
=	48.522					/	182.385	*	365 / 4
=	24.28

Vonage Holdings Days Payable Related Terms

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Vonage Holdings (Vonage Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonage Holdings Corp (NAS:VG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Main Street, Holmdel, NJ, USA, 07733

Website

https://www.vonage.com

Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.

Executives

Vinod Lala	officer: SVP Corporate Development	23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Randy K. Rutherford	officer: Interim Chief Legal Officer	C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Rory P Read	director, officer: Chief Executive Officer	ONE DELL WAY, ROUND ROCK TX 78682
Joy Corso	officer: Chief Marketing Officer	C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Jeffrey A Citron	director, 10 percent owner, officer: Chairman and Chief Strategist	VONAGE HOLDING CORP. 23 MAIN STREET HOLMDEL NJ 07733
Ward Jr Stephen M	director	C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Omar Muhammad Javaid	officer: Chief Product Officer	C/O VONAGE HOLDINGS CORP.,23 MAIN STREET HOLMDEL NJ 07733
Savinay M Berry	officer: EVP, Product & Engineering	C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Stephen L Lasher	officer: Chief Financial Officer	C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Joseph Anthony Bellissimo	officer: Chief Operating Officer	C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Timothy S Shaughnessy	officer: Chief Financial Officer	IBM CORPORATION, NEW ORCHARD ROAD, ARMONK NY 10504
David T. Pearson	officer: CFO & Treasurer	C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Vonage Holdings Corp	officer: Chief Marketing Officer	101 CRAWFORDS CORNER ROAD SUITE 2416, 4TH FLOOR, BUILDING 2 HOLMDEL NJ 07733
Sagi Dudai	officer: SVP Software Engineering	23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Tien Tzuo	director	C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065