Conduent (STU:4C0) Days Payable : 21.13 (As of Mar. 2024)

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What is Conduent Days Payable?

Conduent's average Accounts Payable for the three months ended in Mar. 2024 was €157 Mil. Conduent's Cost of Goods Sold for the three months ended in Mar. 2024 was €676 Mil. Hence, Conduent's Days Payable for the three months ended in Mar. 2024 was 21.13.

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

STU:4C0' s Days Payable Range Over the Past 10 Years
Min: 10.88 Med: 18.53 Max: 25.76
Current: 21.42

During the past 11 years, Conduent's highest Days Payable was 25.76. The lowest was 10.88. And the median was 18.53.

STU:4C0's Days Payable is ranked worse than
77.41% of 2528 companies
in the Software industry
Industry Median: 50.5 vs STU:4C0: 21.42

Conduent's Days Payable declined from Mar. 2023 (25.76) to Mar. 2024 (21.13). It may suggest that Conduent accelerated paying its suppliers.

Conduent Days Payable Historical Data

The historical data trend for Conduent'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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Conduent Days Payable Chart

Conduent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.08

22.68

21.35

25.01

25.83

Conduent 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															25.76	22.49	20.95	21.19	21.13

Competitive Comparison of Conduent's Days Payable

For the Information Technology Services subindustry, Conduent'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.

Conduent's Days Payable Distribution in the Software Industry

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

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

Conduent 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.

Conduent'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
=	( (215.232	+	159.558)	/	2 )	/	2648.296	*	365
=	187.395					/	2648.296	*	365
=	25.83

Conduent'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
=	( (159.558	+	153.64)	/	2 )	/	676.2	*	365 / 4
=	156.599					/	676.2	*	365 / 4
=	21.13

Conduent Days Payable Related Terms

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Conduent (STU:4C0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Conduent Inc (STU:4C0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNDT:USA 4C0:Germany

Address

100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932

Website

https://www.conduent.com

Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of its revenue is generated in the United States.

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