Bandwidth (Bandwidth) Days Payable : 28.88 (As of Dec. 2023)

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What is Bandwidth Days Payable?

Bandwidth's average Accounts Payable for the three months ended in Dec. 2023 was $32.7 Mil. Bandwidth's Cost of Goods Sold for the three months ended in Dec. 2023 was $103.3 Mil. Hence, Bandwidth's Days Payable for the three months ended in Dec. 2023 was 28.88.

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

BAND' s Days Payable Range Over the Past 10 Years
Min: 10.87 Med: 15.77 Max: 30.48
Current: 25.84

During the past 9 years, Bandwidth's highest Days Payable was 30.48. The lowest was 10.87. And the median was 15.77.

BAND's Days Payable is ranked worse than
72.45% of 2523 companies
in the Software industry
Industry Median: 51.26 vs BAND: 25.84

Bandwidth's Days Payable increased from Dec. 2022 (23.47) to Dec. 2023 (28.88). It may suggest that Bandwidth delayed paying its suppliers.

Bandwidth Days Payable Historical Data

The historical data trend for Bandwidth'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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Bandwidth Days Payable Chart

Bandwidth Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.11

15.62

13.70

19.56

30.48

Bandwidth 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															23.47	23.94	19.42	25.56	28.88

Competitive Comparison of Bandwidth's Days Payable

For the Software - Infrastructure subindustry, Bandwidth'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.

Bandwidth's Days Payable Distribution in the Software Industry

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

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

Bandwidth 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.

Bandwidth'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
=	( (26.75	+	34.208)	/	2 )	/	364.96	*	365
=	30.479					/	364.96	*	365
=	30.48

Bandwidth'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
=	( (31.211	+	34.208)	/	2 )	/	103.336	*	365 / 4
=	32.7095					/	103.336	*	365 / 4
=	28.88

Bandwidth Days Payable Related Terms

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Bandwidth (Bandwidth) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

5XB:Germany 5XB:Germany

Address

900 Main Campus Drive, Raleigh, NC, USA, 27606

Website

https://www.bandwidth.com

Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.

Executives

Richard Brandon Asbill	officer: General Counsel	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Devin M Krupka	officer: Controller, PAO	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Daryl Raiford	officer: Chief Financial Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Kade Ross	officer: Chief Information Officer	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
David A. Morken	director, 10 percent owner, officer: Chairman & CEO	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Rebecca Bottorff	officer: Chief People Officer	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Anthony Bartolo	officer: Chief Operating Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Lukas M. Roush	director	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Marina C. Carreker	officer: President	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Douglas A Suriano	director	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Brian D. Bailey	director, 10 percent owner	C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Gabriela Gonzalez	officer: Sr. VP Finance, Controller	1801 VARSITY DRIVE, RALEIGH NC 27606
John C. Murdock	director, 10 percent owner, officer: President	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Jeffrey A. Hoffman	officer: Chief Financial Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
W. Christopher Matton	officer: General Counsel	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606