Cognyte Software (Cognyte Software) Days Payable : 68.47 (As of Jan. 2024)

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What is Cognyte Software Days Payable?

Cognyte Software's average Accounts Payable for the three months ended in Jan. 2024 was $19.8 Mil. Cognyte Software's Cost of Goods Sold for the three months ended in Jan. 2024 was $26.3 Mil. Hence, Cognyte Software's Days Payable for the three months ended in Jan. 2024 was 68.47.

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

CGNT' s Days Payable Range Over the Past 10 Years
Min: 71.96 Med: 96.78 Max: 116.85
Current: 71.96

During the past 6 years, Cognyte Software's highest Days Payable was 116.85. The lowest was 71.96. And the median was 96.78.

CGNT's Days Payable is ranked better than
60.25% of 2526 companies
in the Software industry
Industry Median: 50.42 vs CGNT: 71.96

Cognyte Software's Days Payable declined from Jan. 2023 (82.93) to Jan. 2024 (68.47). It may suggest that Cognyte Software accelerated paying its suppliers.

Cognyte Software Days Payable Historical Data

The historical data trend for Cognyte Software'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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Cognyte Software Days Payable Chart

Cognyte Software Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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99.16

116.85

107.81

87.25

77.36

Cognyte Software Quarterly Data
	Jan19	Jul19	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														82.93	69.97	68.89	75.30	68.47

Competitive Comparison of Cognyte Software's Days Payable

For the Software - Infrastructure subindustry, Cognyte Software'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.

Cognyte Software's Days Payable Distribution in the Software Industry

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

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

Cognyte Software 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.

Cognyte Software's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (20.677	+	20.863)	/	2 )	/	98	*	365
=	20.77					/	98	*	365
=	77.36

Cognyte Software'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
=	( (18.663	+	20.863)	/	2 )	/	26.338	*	365 / 4
=	19.763					/	26.338	*	365 / 4
=	68.47

Cognyte Software Days Payable Related Terms

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Cognyte Software (Cognyte Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognyte Software Ltd (NAS:CGNT) » Definitions » Days Payable

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Traded in Other Exchanges

81M:Germany 81M:Germany

Address

33 Maskit, Herzliya, Pituach, ISR, 4673333

Website

https://www.cognyte.com

Cognyte Software Ltd provides security analytics software that empowers governments and enterprises with Actionable Intelligence. The company's solutions accelerate security investigations and connect the dots to successfully identify, neutralize, and prevent national security, personal safety, business continuity, and cyber threats.