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ForeScout Technologies (ForeScout Technologies) Days Payable : 42.82 (As of Jun. 2020)


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What is ForeScout Technologies Days Payable?

ForeScout Technologies's average Accounts Payable for the three months ended in Jun. 2020 was $9.1 Mil. ForeScout Technologies's Cost of Goods Sold for the three months ended in Jun. 2020 was $19.5 Mil. Hence, ForeScout Technologies's Days Payable for the three months ended in Jun. 2020 was 42.82.

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

FSCT's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.7
* Ranked among companies with meaningful Days Payable only.

ForeScout Technologies's Days Payable declined from Jun. 2019 (49.83) to Jun. 2020 (42.82). It may suggest that ForeScout Technologies accelerated paying its suppliers.


ForeScout Technologies Days Payable Historical Data

The historical data trend for ForeScout Technologies'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.

ForeScout Technologies Days Payable Chart

ForeScout Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 51.83 37.38 39.10 52.33 52.58

ForeScout Technologies Quarterly Data
Dec14 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 49.83 42.51 46.32 39.74 42.82

Competitive Comparison of ForeScout Technologies's Days Payable

For the Software - Application subindustry, ForeScout Technologies'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.


ForeScout Technologies's Days Payable Distribution in the Software Industry

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

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



ForeScout Technologies 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.

ForeScout Technologies's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (12.118 + 10.692) / 2 ) / 79.178*365
=11.405 / 79.178*365
=52.58

ForeScout Technologies's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (6.377 + 11.899) / 2 ) / 19.471*365 / 4
=9.138 / 19.471*365 / 4
=42.82

* 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.


ForeScout Technologies Days Payable Related Terms

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ForeScout Technologies (ForeScout Technologies) Business Description

Traded in Other Exchanges
N/A
Address
190 West Tasman Drive, San Jose, CA, USA, 95134
ForeScout Technologies Inc is a US-based company that provides an agentless approach to network security to address the growth of mobile computing, IoT (Internet of Things) and cloud computing. The company provides solutions that provide the ability to see devices, including non-traditional devices, and connects to the network and enforce policy-based control of these devices. The product line of the company includes CounterACT, Extended Modules, Enterprise Manager, IoT, and others. The majority of the company's revenue comes from the United States.
Executives
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Ranzetta Theresia Gouw director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Darren J. Milliken officer: SVP, GC & Corp Compliance Ofcr 190 WEST TASMAN DRIVE, SAN JOSE CA 95134
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
David G Dewalt director
Elizabeth Hackenson director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
James A Beer director MCKESSON CORPORATION, ONE POST STREET, SAN FRANCISCO CA 94104
Gregory S. Clark director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Nicholas R Noviello officer: Chief Operating Officer 495 E JAVA DRIVE, SUNNYVALE CA 94089
Keith A. Meister director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Meritech Management Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
Meritech Capital Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 125, PALO ALTO CA 94301
Meritech Capital Affiliates Ii Lp 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
James R Swartz 10 percent owner P O BOX 2816, PARK CIRY UT 84060

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