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C3.ai (AI) Days Payable : 62.81 (As of Jan. 2024)


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What is C3.ai Days Payable?

C3.ai's average Accounts Payable for the three months ended in Jan. 2024 was $22.8 Mil. C3.ai's Cost of Goods Sold for the three months ended in Jan. 2024 was $33.1 Mil. Hence, C3.ai's Days Payable for the three months ended in Jan. 2024 was 62.81.

The historical rank and industry rank for C3.ai's Days Payable or its related term are showing as below:

AI' s Days Payable Range Over the Past 10 Years
Min: 48.87   Med: 68.87   Max: 189.89
Current: 70.08

During the past 5 years, C3.ai's highest Days Payable was 189.89. The lowest was 48.87. And the median was 68.87.

AI's Days Payable is ranked better than
59.02% of 2523 companies
in the Software industry
Industry Median: 51.26 vs AI: 70.08

C3.ai's Days Payable declined from Jan. 2023 (103.77) to Jan. 2024 (62.81). It may suggest that C3.ai accelerated paying its suppliers.


C3.ai Days Payable Historical Data

The historical data trend for C3.ai'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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C3.ai Days Payable Chart

C3.ai Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
67.99 48.87 68.87 189.89 166.63

C3.ai Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 103.77 81.70 73.85 74.76 62.81

Competitive Comparison of C3.ai's Days Payable

For the Software - Application subindustry, C3.ai'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.


C3.ai's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, C3.ai's Days Payable distribution charts can be found below:

* The bar in red indicates where C3.ai's Days Payable falls into.



C3.ai 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.

C3.ai's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (54.218 + 24.61) / 2 ) / 86.337*365
=39.414 / 86.337*365
=166.63

C3.ai's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (25.74 + 19.845) / 2 ) / 33.114*365 / 4
=22.7925 / 33.114*365 / 4
=62.81

* 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.


C3.ai Days Payable Related Terms

Thank you for viewing the detailed overview of C3.ai's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


C3.ai (AI) Business Description

Address
1400 Seaport Boulevard, Redwood City, CA, USA, 94063
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.
Executives
Juho Parkkinen officer: Chief Accounting Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Edward Y Abbo officer: Chief Technology Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Guy Wanger officer: SVP & Chief Admin Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Richard C Levin director C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Ward Jr Stephen M director C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Kr Sridhar director 1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Shankar Sastry director C/O C3.AI, INC., 1300 SEAPORT BLVD., SUITE 500, REDWOOD CITY CA 94063
Houman Behzadi officer: Chief Product Officer C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Adeel Manzoor officer: Chief Financial Officer 4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
Thomas M Siebel director, 10 percent owner, officer: Chief Executive Officer 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
David Barter officer: Senior VP and CFO C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063
Patricia A House director C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Bruce A Cleveland officer: Senior VP and CMO C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94063
Lutton Richard J. Jr. officer: Senior VP and General Counsel C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94603