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Leidos Holdings (STU:S6IA) Days Payable : 35.83 (As of Mar. 2024)


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What is Leidos Holdings Days Payable?

Leidos Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €1,205 Mil. Leidos Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,070 Mil. Hence, Leidos Holdings's Days Payable for the three months ended in Mar. 2024 was 35.83.

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

STU:S6IA' s Days Payable Range Over the Past 10 Years
Min: 17.44   Med: 21.97   Max: 42.82
Current: 42.82

During the past 13 years, Leidos Holdings's highest Days Payable was 42.82. The lowest was 17.44. And the median was 21.97.

STU:S6IA's Days Payable is ranked worse than
54.83% of 2528 companies
in the Software industry
Industry Median: 50.5 vs STU:S6IA: 42.82

Leidos Holdings's Days Payable increased from Mar. 2023 (35.58) to Mar. 2024 (35.83). It may suggest that Leidos Holdings delayed paying its suppliers.


Leidos Holdings Days Payable Historical Data

The historical data trend for Leidos 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.

Leidos Holdings Days Payable Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.53 23.84 21.34 20.48 20.62

Leidos Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.58 48.04 46.69 34.33 35.83

Competitive Comparison of Leidos Holdings's Days Payable

For the Information Technology Services subindustry, Leidos 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.


Leidos Holdings's Days Payable Distribution in the Software Industry

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

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



Leidos 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.

Leidos Holdings'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
=( (691.952 + 674.912) / 2 ) / 12098.898*365
=683.432 / 12098.898*365
=20.62

Leidos Holdings'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
=( (674.912 + 1736.04) / 2 ) / 3070.04*365 / 4
=1205.476 / 3070.04*365 / 4
=35.83

* 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.


Leidos Holdings Days Payable Related Terms

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Leidos Holdings (STU:S6IA) Business Description

Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (STU:S6IA) Headlines

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