Fair Isaac (LTS:0TIQ) Days Payable

: 20.55 (As of Dec. 2023)

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Fair Isaac's average Accounts Payable for the three months ended in Dec. 2023 was $19 Mil. Fair Isaac's Cost of Goods Sold for the three months ended in Dec. 2023 was $83 Mil. Hence, Fair Isaac's Days Payable for the three months ended in Dec. 2023 was 20.55.

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

LTS:0TIQ' s Days Payable Range Over the Past 10 Years
Min: 19.55 Med: 23.77 Max: 30.17
Current: 19.55

During the past 13 years, Fair Isaac's highest Days Payable was 30.17. The lowest was 19.55. And the median was 23.77.

LTS:0TIQ's Days Payable is ranked worse than
80.22% of 2523 companies
in the Software industry
Industry Median: 51.48 vs LTS:0TIQ: 19.55

Fair Isaac's Days Payable increased from Dec. 2022 (20.33) to Dec. 2023 (20.55). It may suggest that Fair Isaac delayed paying its suppliers.

Fair Isaac Days Payable Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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23.50

23.32

24.03

22.96

21.29

Fair Isaac 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															20.33	17.58	19.50	19.72	20.55

Competitive Comparison

For the Software - Application subindustry, Fair Isaac'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.

Fair Isaac Days Payable Distribution

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

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

Fair Isaac 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.

Fair Isaac's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (17.273	+	19.009)	/	2 )	/	311.053	*	365
=	18.141					/	311.053	*	365
=	21.29

Fair Isaac'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
=	( (19.009	+	18.584)	/	2 )	/	83.461	*	365 / 4
=	18.7965					/	83.461	*	365 / 4
=	20.55

Fair Isaac Days Payable Related Terms

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Fair Isaac (LTS:0TIQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (LTS:0TIQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FICO:USA FICO1:Mexico FRI:Germany

Address

5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715

Website

https://www.fico.com

Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.

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