VeriSign (VeriSign) Days Payable

: 20.60 (As of Dec. 2023)

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VeriSign's average Accounts Payable for the three months ended in Dec. 2023 was $11 Mil. VeriSign's Cost of Goods Sold for the three months ended in Dec. 2023 was $49 Mil. Hence, VeriSign's Days Payable for the three months ended in Dec. 2023 was 20.60.

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

VRSN' s Days Payable Range Over the Past 10 Years
Min: 16.98 Med: 32.19 Max: 52.47
Current: 16.98

During the past 13 years, VeriSign's highest Days Payable was 52.47. The lowest was 16.98. And the median was 32.19.

VRSN's Days Payable is ranked worse than
83.37% of 2525 companies
in the Software industry
Industry Median: 51.49 vs VRSN: 16.98

VeriSign's Days Payable increased from Dec. 2022 (15.99) to Dec. 2023 (20.60). It may suggest that VeriSign delayed paying its suppliers.

VeriSign Days Payable Historical Data

The historical data trend for VeriSign'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.

VeriSign Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

43.53

28.61

20.29

17.10

20.63

VeriSign Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																15.99	14.99	12.88	15.96	20.60

Competitive Comparison

For the Software - Infrastructure subindustry, VeriSign'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.

VeriSign Days Payable Distribution

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

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

VeriSign 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.

VeriSign'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
=	( (9.8	+	12.5)	/	2 )	/	197.3	*	365
=	11.15					/	197.3	*	365
=	20.63

VeriSign'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
=	( (9.4	+	12.5)	/	2 )	/	48.5	*	365 / 4
=	10.95					/	48.5	*	365 / 4
=	20.60

VeriSign Days Payable Related Terms

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VeriSign (VeriSign) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VeriSign Inc (NAS:VRSN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VRSN:Mexico VRS:Germany VRS:Germany VRSN34:Brazil VRSN:Argentina

Address

12061 Bluemont Way, Reston, VA, USA, 20190

Website

https://www.verisign.com

Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.

Executives

D James Bidzos	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Danny R Mcpherson	officer: EVP- Engineering, Ops. & CSO	12061 BLUEMONT WAY, RESTON VA 20190
Thomas C Indelicarto	officer: SVP, Gen Counsel & Secretary	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Timothy Tomlinson	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Todd B Strubbe	officer: EVP and COO	VERISIGN, 12061 BLUEMONT WAY, RESTON VA 20190
Kathleen A Cote	director	12061 BLUEMONT WAY, RESTON VA 20190
Yehuda Ari Buchalter	director	12061 BLUEMONT WAY, RESTON VA 20190
Kilguss George E Iii	officer: EVP and CFO	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190
Frist Thomas F Iii	director	3100 WEST END AVENUE SUITE 1225, NASHVILLE TN 37203
Armstrong Courtney D	director	12061 BLUEMONT WAY, RESTON VA 20190
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Jamie S Gorelick	director	12061 BLUEMONT WAY, RESTON VA 20190
Richard H Goshorn	officer: SVP, GC and Secretary	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
John D Roach	director	PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131