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Allot (ALLT) Days Payable : 16.91 (As of Dec. 2023)


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What is Allot Days Payable?

Allot's average Accounts Payable for the three months ended in Dec. 2023 was $2.40 Mil. Allot's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.94 Mil. Hence, Allot's Days Payable for the three months ended in Dec. 2023 was 16.91.

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

ALLT' s Days Payable Range Over the Past 10 Years
Min: 24.71   Med: 65.31   Max: 105.12
Current: 69.13

During the past 13 years, Allot's highest Days Payable was 105.12. The lowest was 24.71. And the median was 65.31.

ALLT's Days Payable is ranked better than
58.58% of 2523 companies
in the Software industry
Industry Median: 51.44 vs ALLT: 69.13

Allot's Days Payable declined from Dec. 2022 (72.59) to Dec. 2023 (16.91). It may suggest that Allot accelerated paying its suppliers.


Allot Days Payable Historical Data

The historical data trend for Allot'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.

Allot Days Payable Chart

Allot Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.12 62.69 24.71 71.48 56.96

Allot 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.59 143.48 129.41 49.84 16.91

Competitive Comparison of Allot's Days Payable

For the Software - Infrastructure subindustry, Allot'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.


Allot's Days Payable Distribution in the Software Industry

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

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



Allot 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.

Allot'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
=( (11.661 + 0.969) / 2 ) / 40.464*365
=6.315 / 40.464*365
=56.96

Allot'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
=( (3.828 + 0.969) / 2 ) / 12.941*365 / 4
=2.3985 / 12.941*365 / 4
=16.91

* 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.


Allot Days Payable Related Terms

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Allot (ALLT) Business Description

Traded in Other Exchanges
Address
22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317
Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.
Executives
Gemini Israel Ii Parallel Fund Lp /ny 10 percent owner
Gemini Israel Ii Limited Partnership 10 percent owner 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Israel Funds Ltd. 10 percent owner 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Partners Investors L.p. 10 percent owner 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Capital Associates Limited Partnership 10 percent owner 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Advent Pggm Gemini Limited Partnership 10 percent owner 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725