Insight Enterprises (Insight Enterprises) Days Payable

: 113.52 (As of Dec. 2023)

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Insight Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was $2,239 Mil. Insight Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,800 Mil. Hence, Insight Enterprises's Days Payable for the three months ended in Dec. 2023 was 113.52.

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

NSIT' s Days Payable Range Over the Past 10 Years
Min: 71.1 Med: 81.96 Max: 111.19
Current: 109.35

During the past 13 years, Insight Enterprises's highest Days Payable was 111.19. The lowest was 71.10. And the median was 81.96.

NSIT's Days Payable is ranked better than
74.36% of 2418 companies
in the Hardware industry
Industry Median: 68.085 vs NSIT: 109.35

Insight Enterprises's Days Payable increased from Dec. 2022 (86.43) to Dec. 2023 (113.52). It may suggest that Insight Enterprises delayed paying its suppliers.

Insight Enterprises Days Payable Historical Data

The historical data trend for Insight Enterprises'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.

Insight Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

77.83

86.78

89.32

86.70

111.19

Insight Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																86.43	99.35	111.41	111.74	113.52

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Insight Enterprises'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.

Insight Enterprises Days Payable Distribution

For the Hardware industry and Technology sector, Insight Enterprises's Days Payable distribution charts can be found below:

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

Insight Enterprises 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.

Insight Enterprises'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
=	( (2086.39	+	2487.033)	/	2 )	/	7506.315	*	365
=	2286.7115					/	7506.315	*	365
=	111.19

Insight Enterprises'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
=	( (1991.396	+	2487.033)	/	2 )	/	1799.861	*	365 / 4
=	2239.2145					/	1799.861	*	365 / 4
=	113.52

Insight Enterprises Days Payable Related Terms

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Insight Enterprises (Insight Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Insight Enterprises Inc (NAS:NSIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IEI:Germany IEI:Germany

Address

2701 E. Insight Way, Chandler, AZ, USA, 85286

Website

http://www.insight.com

Insight Enterprises Inc is a Fortune 500 global IT provider primarily engaged in helping businesses of all sizes, large enterprises, governments, schools, and health care organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.

Executives

Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Samuel C Cowley	officer: SVP, Gen'l Counsel & Secretary	2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Timothy A Crown	director, officer: CEO, President	6820 S HARL AVE, TEMPE AZ 85283
Adrian P Gregory	officer: President, EMEA	2701 E INSIGHT WAY, CHANDLER AZ 85286
Rachael A Bertrandt	officer: Principal Accounting Officer	INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Glynis Bryan	officer: CFO	5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Kathleen S Pushor	director	8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Daniel Burger	officer: President INA	6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati	officer: Chief Information Officer	6820 S HARL AVENUE, TEMPE AZ 85283
Jennifer M Vasin	officer: Chief Human Resources Officer	2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129