Pegasystems (Pegasystems) Days Payable : 8.50 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Pegasystems Days Payable?

Pegasystems's average Accounts Payable for the three months ended in Mar. 2024 was $9 Mil. Pegasystems's Cost of Goods Sold for the three months ended in Mar. 2024 was $95 Mil. Hence, Pegasystems's Days Payable for the three months ended in Mar. 2024 was 8.50.

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

PEGA' s Days Payable Range Over the Past 10 Years
Min: 8.3 Med: 20.24 Max: 24.36
Current: 11.52

During the past 13 years, Pegasystems's highest Days Payable was 24.36. The lowest was 8.30. And the median was 20.24.

PEGA's Days Payable is ranked worse than
90.35% of 2519 companies
in the Software industry
Industry Median: 50.96 vs PEGA: 11.52

Pegasystems's Days Payable declined from Mar. 2023 (14.33) to Mar. 2024 (8.50). It may suggest that Pegasystems accelerated paying its suppliers.

Pegasystems Days Payable Historical Data

The historical data trend for Pegasystems'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.

Pegasystems Days Payable Chart

Pegasystems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

19.99

24.36

21.33

16.57

14.22

Pegasystems 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															14.33	9.97	14.10	16.02	8.50

Competitive Comparison of Pegasystems's Days Payable

For the Software - Application subindustry, Pegasystems'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.

Pegasystems's Days Payable Distribution in the Software Industry

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

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

Pegasystems 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.

Pegasystems'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
=	( (18.195	+	11.29)	/	2 )	/	378.483	*	365
=	14.7425					/	378.483	*	365
=	14.22

Pegasystems'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
=	( (11.29	+	6.353)	/	2 )	/	94.658	*	365 / 4
=	8.8215					/	94.658	*	365 / 4
=	8.50

Pegasystems Days Payable Related Terms

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

Pegasystems (Pegasystems) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PEA:Germany

Address

One Main Street, Cambridge, MA, USA, 02142

Website

https://www.pega.com

Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.

Executives

Efstathios A Kouninis	officer: VP of Finance & CAO	26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul	officer: Chief Product Officer	ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler	officer: SVP, Global Customer Success	1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell	officer: CFO, SVP	ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones	director	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins	officer: Chief, Client &Partner Success	C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle	officer: Senior VP, Engineering	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond	director	56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands	director	195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham	director	ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber	director	C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra	officer: SVP, Global Customer Success	101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford	officer: President	ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes	director	50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler	10 percent owner, officer: C.E.O. & Chairman	C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142