WithSecure (WithSecure) Days Payable : 148.24 (As of Mar. 2024)

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What is WithSecure Days Payable?

WithSecure's average Accounts Payable for the three months ended in Mar. 2024 was $18.6 Mil. WithSecure's Cost of Goods Sold for the three months ended in Mar. 2024 was $11.5 Mil. Hence, WithSecure's Days Payable for the three months ended in Mar. 2024 was 148.24.

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

FSOYF' s Days Payable Range Over the Past 10 Years
Min: 31.58 Med: 136.94 Max: 451.35
Current: 141.32

During the past 13 years, WithSecure's highest Days Payable was 451.35. The lowest was 31.58. And the median was 136.94.

FSOYF's Days Payable is ranked better than
76.74% of 2524 companies
in the Software industry
Industry Median: 50.7 vs FSOYF: 141.32

WithSecure's Days Payable increased from Mar. 2023 (86.27) to Mar. 2024 (148.24). It may suggest that WithSecure delayed paying its suppliers.

WithSecure Days Payable Historical Data

The historical data trend for WithSecure'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.

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WithSecure Days Payable Chart

WithSecure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.84

30.22

46.11

41.89

95.56

WithSecure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															86.27	142.47	137.88	138.27	148.24

Competitive Comparison of WithSecure's Days Payable

For the Software - Infrastructure subindustry, WithSecure'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.

WithSecure's Days Payable Distribution in the Software Industry

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

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

WithSecure 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.

WithSecure'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
=	( (4.671	+	19.666)	/	2 )	/	46.477	*	365
=	12.1685					/	46.477	*	365
=	95.56

WithSecure's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (19.666	+	17.628)	/	2 )	/	11.478	*	365 / 4
=	18.647					/	11.478	*	365 / 4
=	148.24

WithSecure Days Payable Related Terms

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WithSecure (WithSecure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WithSecure Corp (OTCPK:FSOYF) » Definitions » Days Payable

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WITH:Finland

Address

Tammasaarenkatu 7, P.O. Box 24, Helsinki, FIN, 00181

Website

https://www.withsecure.com

WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the US, and the company's products are sold worldwide by thousands of resellers.

WithSecure (WithSecure) Headlines

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