CDNS (Cadence Design Systems) Days Payable : 3.03 (As of Mar. 2025)

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What is Cadence Design Systems Days Payable?

Cadence Design Systems's average Accounts Payable for the three months ended in Mar. 2025 was $6 Mil. Cadence Design Systems's Cost of Goods Sold for the three months ended in Mar. 2025 was $167 Mil. Hence, Cadence Design Systems's Days Payable for the three months ended in Mar. 2025 was 3.03.

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

CDNS' s Days Payable Range Over the Past 10 Years
Min: 6.81 Med: 27.27 Max: 58.02
Current: 25.61

During the past 13 years, Cadence Design Systems's highest Days Payable was 58.02. The lowest was 6.81. And the median was 27.27.

CDNS's Days Payable is ranked worse than
72.2% of 2547 companies
in the Software industry
Industry Median: 53.11 vs CDNS: 25.61

Cadence Design Systems's Days Payable declined from Mar. 2024 (66.47) to Mar. 2025 (3.03). It may suggest that Cadence Design Systems accelerated paying its suppliers.

Cadence Design Systems Days Payable Historical Data

The historical data trend for Cadence Design Systems'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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Cadence Design Systems Days Payable Chart

Cadence Design Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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46.27

58.02

27.27

Cadence Design Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															66.47	-	-	2.30	3.03

Competitive Comparison of Cadence Design Systems's Days Payable

For the Software - Application subindustry, Cadence Design Systems'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.

Cadence Design Systems's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Cadence Design Systems's Days Payable falls into.

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Cadence Design Systems 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.

Cadence Design Systems's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (91.194	+	5.555)	/	2 )	/	647.502	*	365
=	48.3745					/	647.502	*	365
=	27.27

Cadence Design Systems's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (5.555	+	0)	/	1 )	/	167.133	*	365 / 4
=	5.555					/	167.133	*	365 / 4
=	3.03

Cadence Design Systems Days Payable Related Terms

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Cadence Design Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (NAS:CDNS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDNS:Mexico 1CDNS:Italy 0HS2:UK CDS:Germany CDS:Germany C1DN34:Brazil CDNS:Austria

Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.

Executives

James D Plummer	director	233 KANSAS STREET, EL SEGUNDO CA 90245
Anirudh Devgan	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Paul Cunningham	officer: Sr. Vice President	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Ita M Brennan	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Karna Nisewaner	officer: Corporate VP, General Counsel	2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Chin-chi Teng	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
John M Wall	officer: Sr. VP & CFO	2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni	director
Aneel Zaman	officer: Sr. Vice President	2655 SEELY AVENUE, SAN JOSE CA 95134
Thomas P Beckley	officer: Sr. Vice President of R&D	2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams	director	834 TERRACE DRIVE, LOS ALTOS CA 94024
Lip Bu Tan	director	ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn	director	1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven	director
Mary L Krakauer	director	176 SOUTH STREET, HOPKINTON MA 01748