CTSH (Cognizant Technology Solutions) Days Payable : 8.95 (As of Mar. 2025)

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What is Cognizant Technology Solutions Days Payable?

Cognizant Technology Solutions's average Accounts Payable for the three months ended in Mar. 2025 was $333 Mil. Cognizant Technology Solutions's Cost of Goods Sold for the three months ended in Mar. 2025 was $3,397 Mil. Hence, Cognizant Technology Solutions's Days Payable for the three months ended in Mar. 2025 was 8.95.

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

CTSH' s Days Payable Range Over the Past 10 Years
Min: 7.62 Med: 8.71 Max: 11.8
Current: 8.62

During the past 13 years, Cognizant Technology Solutions's highest Days Payable was 11.80. The lowest was 7.62. And the median was 8.71.

CTSH's Days Payable is ranked worse than
93.64% of 2546 companies
in the Software industry
Industry Median: 53.92 vs CTSH: 8.62

Cognizant Technology Solutions's Days Payable declined from Mar. 2024 (9.11) to Mar. 2025 (8.95). It may suggest that Cognizant Technology Solutions accelerated paying its suppliers.

Cognizant Technology Solutions Days Payable Historical Data

The historical data trend for Cognizant Technology Solutions'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.

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Cognizant Technology Solutions Days Payable Chart

Cognizant Technology Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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10.74

11.80

10.57

10.04

9.53

Cognizant Technology Solutions Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															9.11	8.39	8.30	8.91	8.95

Competitive Comparison of Cognizant Technology Solutions's Days Payable

For the Information Technology Services subindustry, Cognizant Technology Solutions'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.

Cognizant Technology Solutions's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Cognizant Technology Solutions's Days Payable falls into.

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Cognizant Technology Solutions 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.

Cognizant Technology Solutions's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (337	+	340)	/	2 )	/	12958	*	365
=	338.5					/	12958	*	365
=	9.53

Cognizant Technology Solutions's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (340	+	326)	/	2 )	/	3397	*	365 / 4
=	333					/	3397	*	365 / 4
=	8.95

Cognizant Technology Solutions Days Payable Related Terms

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Cognizant Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognizant Technology Solutions Corp (NAS:CTSH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0QZ5:UK COZ:Germany COZ:Germany COZ:Germany CTSH34:Brazil CTSH:Austria

Address

300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666

Website

https://www.cognizant.com

Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 350,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.

Executives

Michael Patsalos-fox	director	300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
John Sunshin Kim	officer: EVP & General Counsel	300 FRANK W. BURR BLVD., STE. 36, 6FL., TEANECK NJ 07666
Mackay Leo S. Jr.	director	C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Kathryn Diaz	officer: SVP & Interim Chief People Off	300 FRANK W BURR BLVD, TEANECK NJ 07666
Ravi Kumar Singisetti	director, officer: Chief Executive Officer	9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Robert C. Walker	officer: EVP & Pres, Global Growth Mkts	C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666
Abraham Schot	director	C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP, 300 FRANK W. BURR BLVD. STE 36, 6 FL, TEANECK NJ 07666
Zein Abdalla	director	700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577
Maureen Breakiron-evans	director	C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Eric Branderiz	director	915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Nella Domenici	director	C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Surya Gummadi	officer: SVP & Interim Americas Lead	C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666
Andrew J Stafford	officer: EVP, Head of Global Delivery	C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Stephen J Rohleder	director	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Rajesh Nambiar	officer: President, Digital Business	300 FRANK W. BURR BLVD, STE. 36, 6TH FL., TEANECK NJ 07666