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Ansys (ANSS) Days Payable : 24.47 (As of Dec. 2023)


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What is Ansys Days Payable?

Ansys's average Accounts Payable for the three months ended in Dec. 2023 was $19 Mil. Ansys's Cost of Goods Sold for the three months ended in Dec. 2023 was $70 Mil. Hence, Ansys's Days Payable for the three months ended in Dec. 2023 was 24.47.

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

ANSS' s Days Payable Range Over the Past 10 Years
Min: 10.27   Med: 17.25   Max: 26.73
Current: 23.6

During the past 13 years, Ansys's highest Days Payable was 26.73. The lowest was 10.27. And the median was 17.25.

ANSS's Days Payable is ranked worse than
74.78% of 2522 companies
in the Software industry
Industry Median: 51.485 vs ANSS: 23.60

Ansys's Days Payable increased from Dec. 2022 (23.30) to Dec. 2023 (24.47). It may suggest that Ansys delayed paying its suppliers.


Ansys Days Payable Historical Data

The historical data trend for Ansys'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.

Ansys Days Payable Chart

Ansys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.42 26.73 20.91 18.12 24.75

Ansys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.30 24.25 24.10 20.25 24.47

Competitive Comparison of Ansys's Days Payable

For the Software - Application subindustry, Ansys'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.


Ansys's Days Payable Distribution in the Software Industry

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

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



Ansys 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.

Ansys'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
=( (14.021 + 22.772) / 2 ) / 271.298*365
=18.3965 / 271.298*365
=24.75

Ansys's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14.801 + 22.772) / 2 ) / 70.049*365 / 4
=18.7865 / 70.049*365 / 4
=24.47

* 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.


Ansys Days Payable Related Terms

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


Ansys (ANSS) Business Description

Address
2600 ANSYS Drive, Canonsburg, PA, USA, 15317
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.
Executives
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Ajei Gopal director CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Janet Lee officer: VP, General Counsel 2600 ANSYS DRIVE, CANONSBURG PA 15317
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060
Shane Emswiler officer: VP and General Manager 225 WEST STATION SQUARE DRIVE, STE 200, PITTSBURGH PA 15219
Walter Hearn officer: SVP, World Sales & Cust. Exc. 2600 ANSYS DRIVE, CANONSBURG PA 15317
Claire Bramley director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Richard S. Mahoney officer: VP, WORLDWIDE SALES & SUPPORT 2600 ANSYS DRIVE, CANONSBURG PA 15317
Maria T Shields officer: CFO 2600 ANSYS DRIVE, CANONSBURG PA 15317
Anil Chakravarthy director C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Alec D. Gallimore director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Jim Frankola director C/O CLOUDERA INC, 1001 PAGE MILL ROAD, BLDG. 3, PALO ALTO CA 94089
Matthew C. Zack officer: VP, Marketing/Corp Development 2600 ANSYS DRIVE, CANONSBURG PA 15317
Nicole Anasenes director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Robert Calderoni director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309