MicroStrategy (MicroStrategy) Days Payable

: 125.13 (As of Dec. 2023)

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MicroStrategy's average Accounts Payable for the three months ended in Dec. 2023 was $38.7 Mil. MicroStrategy's Cost of Goods Sold for the three months ended in Dec. 2023 was $28.2 Mil. Hence, MicroStrategy's Days Payable for the three months ended in Dec. 2023 was 125.13.

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

MSTR' s Days Payable Range Over the Past 10 Years
Min: 101.78 Med: 142.86 Max: 180.56
Current: 135.87

During the past 13 years, MicroStrategy's highest Days Payable was 180.56. The lowest was 101.78. And the median was 142.86.

MSTR's Days Payable is ranked better than
76.16% of 2525 companies
in the Software industry
Industry Median: 51.49 vs MSTR: 135.87

MicroStrategy's Days Payable declined from Dec. 2022 (136.28) to Dec. 2023 (125.13). It may suggest that MicroStrategy accelerated paying its suppliers.

MicroStrategy Days Payable Historical Data

The historical data trend for MicroStrategy'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.

MicroStrategy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

179.78

180.56

157.82

142.86

MicroStrategy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																136.28	152.81	141.76	116.31	125.13

Competitive Comparison

For the Software - Application subindustry, MicroStrategy'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.

MicroStrategy Days Payable Distribution

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

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

MicroStrategy 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.

MicroStrategy'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
=	( (42.976	+	43.09)	/	2 )	/	109.944	*	365
=	43.033					/	109.944	*	365
=	142.86

MicroStrategy'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
=	( (34.306	+	43.09)	/	2 )	/	28.221	*	365 / 4
=	38.698					/	28.221	*	365 / 4
=	125.13

MicroStrategy Days Payable Related Terms

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MicroStrategy (MicroStrategy) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MSTR:Mexico MIGA:Germany

Address

1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182

Website

https://www.microstrategy.com

MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.

Executives

Michael J Saylor	director, 10 percent owner, officer: Chairman and CEO	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jarrod M Patten	director	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Wei-ming Shao	officer: SEVP & General Counsel	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Phong Le	officer: SEVP & CFO	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jeanine Montgomery	officer: Senior VP & CAO	C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Carl J Rickertsen	director	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Timothy Edwin Lang	officer: SEVP & CTO	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Leslie J Rechan	director	2207 BRIDGEPOINTE PARKWAY, SAN MATEO CA 94404
Andrew Kang	officer: SEVP & CFO	5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Kevin Adkisson	officer: SEVP & CRO	1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Stephen X Graham	director	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Lisa Mayr	officer: SEVP & CFO	C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Robert H Epstein	director	1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Kevin Norlin	officer: SEVP, Worldwide Sales	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Margaret Anne Breya	director	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182