Fiserv (FRA:FIV) Days Payable

: 22.28 (As of Dec. 2023)

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Fiserv's average Accounts Payable for the three months ended in Dec. 2023 was €412 Mil. Fiserv's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,689 Mil. Hence, Fiserv's Days Payable for the three months ended in Dec. 2023 was 22.28.

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

FRA:FIV' s Days Payable Range Over the Past 10 Years
Min: 8.11 Med: 15.08 Max: 28.43
Current: 22.64

During the past 13 years, Fiserv's highest Days Payable was 28.43. The lowest was 8.11. And the median was 15.08.

FRA:FIV's Days Payable is ranked worse than
76.26% of 2523 companies
in the Software industry
Industry Median: 51.49 vs FRA:FIV: 22.64

Fiserv's Days Payable declined from Dec. 2022 (26.59) to Dec. 2023 (22.28). It may suggest that Fiserv accelerated paying its suppliers.

Fiserv Days Payable Historical Data

The historical data trend for Fiserv'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.

Fiserv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

17.74

20.24

22.43

27.58

26.65

Fiserv Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																26.59	24.67	19.92	20.40	22.28

Competitive Comparison

For the Information Technology Services subindustry, Fiserv'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.

Fiserv Days Payable Distribution

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

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

Fiserv 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.

Fiserv'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
=	( (615.488	+	411.733)	/	2 )	/	7033.39	*	365
=	513.6105					/	7033.39	*	365
=	26.65

Fiserv'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
=	( (413.217	+	411.733)	/	2 )	/	1689.114	*	365 / 4
=	412.475					/	1689.114	*	365 / 4
=	22.28

Fiserv Days Payable Related Terms

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

Fiserv (FRA:FIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (FRA:FIV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FI:USA FISV:Mexico FIV:Germany FIV:Germany F1IS34:Brazil

Address

255 Fiserv Drive, Brookfield, WI, USA, 53045

Website

https://www.fiserv.com

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

Fiserv (FRA:FIV) Headlines

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