Ncino (NCNO) Days Payable

: 22.59 (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

Ncino's average Accounts Payable for the three months ended in Jan. 2024 was $12.2 Mil. Ncino's Cost of Goods Sold for the three months ended in Jan. 2024 was $49.2 Mil. Hence, Ncino's Days Payable for the three months ended in Jan. 2024 was 22.59.

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

NCNO' s Days Payable Range Over the Past 10 Years
Min: 21.77 Med: 24.06 Max: 28.44
Current: 21.77

During the past 7 years, Ncino's highest Days Payable was 28.44. The lowest was 21.77. And the median was 24.06.

NCNO's Days Payable is ranked worse than
77.07% of 2525 companies
in the Software industry
Industry Median: 51.49 vs NCNO: 21.77

Ncino's Days Payable declined from Jan. 2023 (23.07) to Jan. 2024 (22.59). It may suggest that Ncino accelerated paying its suppliers.

Ncino Days Payable Historical Data

The historical data trend for Ncino'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.

Ncino Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

23.10

22.08

28.44

25.01

22.61

Ncino Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																23.07	22.68	19.81	21.19	22.59

Competitive Comparison

For the Software - Application subindustry, Ncino'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.

Ncino Days Payable Distribution

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

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

Ncino 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.

Ncino's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (11.878	+	11.842)	/	2 )	/	191.47	*	365
=	11.86					/	191.47	*	365
=	22.61

Ncino's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (12.526	+	11.842)	/	2 )	/	49.21	*	365 / 4
=	12.184					/	49.21	*	365 / 4
=	22.59

Ncino Days Payable Related Terms

Thank you for viewing the detailed overview of Ncino's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ncino (NCNO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

6NCA:Germany

Address

6770 Parker Farm Drive, Wilmington, NC, USA, 28405

Website

https://www.ncino.com

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.

Executives

April Rieger	officer: Chief Lgl. & Compl. Ofc., Sec.	6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Sean Desmond	officer: Chief Customer Success Officer	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Pierre Naude	director, officer: CEO	6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Matthew Royce Hansen	officer: Chief Product Officer	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Jeanette Sellers	officer: VP of Accounting	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Joshua L Glover	officer: President & Chief Rev Officer	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Gregory Orenstein	officer: Chief Corp Dev & Strat Officer	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeff Horing	director, 10 percent owner	INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
William R Spruill	director	6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
David Rudow	officer: CFO & Treasurer	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeffrey W Lunsford	director	C/O WEBSIDESTORY, INC., 10182 TELESIS COURT, 6TH FLOOR, SAN DIEGO CA 92121
Pamela Kilday	director	6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON, NC NC 28405
William J Ruh	director	PO BOX 1329, RANCHO SANTA FE CA 92067
Insight Sn Holdings 2, Llc	director, 10 percent owner	1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036