Affirm Holdings (Affirm Holdings) Days Payable

: 18.93 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Affirm Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $44 Mil. Affirm Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $210 Mil. Hence, Affirm Holdings's Days Payable for the three months ended in Dec. 2023 was 18.93.

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

AFRM' s Days Payable Range Over the Past 10 Years
Min: 12.89 Med: 30.95 Max: 43.02
Current: 14.68

During the past 5 years, Affirm Holdings's highest Days Payable was 43.02. The lowest was 12.89. And the median was 30.95.

AFRM's Days Payable is ranked worse than
86.6% of 2522 companies
in the Software industry
Industry Median: 51.51 vs AFRM: 14.68

Affirm Holdings's Days Payable increased from Dec. 2022 (12.98) to Dec. 2023 (18.93). It may suggest that Affirm Holdings delayed paying its suppliers.

Affirm Holdings Days Payable Historical Data

The historical data trend for Affirm Holdings'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.

Affirm Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

36.41

30.95

43.02

28.76

12.89

Affirm Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable															12.98	11.86	11.96	12.23	18.93

Competitive Comparison

For the Software - Infrastructure subindustry, Affirm Holdings'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.

Affirm Holdings Days Payable Distribution

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

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

Affirm Holdings 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.

Affirm Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (33.072	+	28.602)	/	2 )	/	873.161	*	365
=	30.837					/	873.161	*	365
=	12.89

Affirm Holdings'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
=	( (27.345	+	59.805)	/	2 )	/	210.036	*	365 / 4
=	43.575					/	210.036	*	365 / 4
=	18.93

Affirm Holdings Days Payable Related Terms

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

Affirm Holdings (Affirm Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Affirm Holdings Inc (NAS:AFRM) » Definitions » Days Payable

Comparable Companies

INFA QLYS ALTR RELY DLO TENB SPSC S WIX TDC MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

AFRM:Mexico

Address

650 California Street, San Francisco, CA, USA, 94108

Website

https://www.affirm.com

Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.

Executives

Michael Linford	officer: Chief Financial Officer	3000 HANOVER STREET, PALO ALTO CA 94304
Gic Private Ltd	10 percent owner	168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Rodriquez Manuel Sanchez	director	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Keith Rabois	director	C/O YELP! INC., 706 MISSION ST., SAN FRANCISCO CA 94103
Noel Bertram Watson	director	400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Jenny J Ming	director
James D White	director	C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Katherine Adkins	officer: Chief Legal Officer	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Jeremy Liew	director	2200 SAND HILL ROAD, MENLO PARK CA 94025
Jeremy Philips	director	C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Siphelele Jiyane	officer: Vice President, Controller	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Libor Michalek	officer: President, Technology	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Silvija Martincevic	officer: Chief Commercial Officer	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Sandeep Bhandari	officer: Chief Risk & Strategy Officer	71 STEVENSON STREET SUITE 300, SAN FRANCISCO CA 94105