Evertec (Evertec) Days Payable : 59.30 (As of Mar. 2024)

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What is Evertec Days Payable?

Evertec's average Accounts Payable for the three months ended in Mar. 2024 was $66.6 Mil. Evertec's Cost of Goods Sold for the three months ended in Mar. 2024 was $102.4 Mil. Hence, Evertec's Days Payable for the three months ended in Mar. 2024 was 59.30.

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

EVTC' s Days Payable Range Over the Past 10 Years
Min: 36.31 Med: 58.41 Max: 81.92
Current: 57.01

During the past 13 years, Evertec's highest Days Payable was 81.92. The lowest was 36.31. And the median was 58.41.

EVTC's Days Payable is ranked better than
52.77% of 2526 companies
in the Software industry
Industry Median: 50.42 vs EVTC: 57.01

Evertec's Days Payable increased from Mar. 2023 (46.20) to Mar. 2024 (59.30). It may suggest that Evertec delayed paying its suppliers.

Evertec Days Payable Historical Data

The historical data trend for Evertec'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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Evertec Days Payable Chart

Evertec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.93

66.38

52.40

36.31

52.16

Evertec Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															46.20	55.46	57.56	55.02	59.30

Competitive Comparison of Evertec's Days Payable

For the Software - Infrastructure subindustry, Evertec'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.

Evertec's Days Payable Distribution in the Software Industry

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

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

Evertec 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.

Evertec'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
=	( (29.73	+	66.516)	/	2 )	/	336.756	*	365
=	48.123					/	336.756	*	365
=	52.16

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (66.516	+	66.629)	/	2 )	/	102.448	*	365 / 4
=	66.5725					/	102.448	*	365 / 4
=	59.30

Evertec Days Payable Related Terms

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Evertec (Evertec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Evertec Inc (NYSE:EVTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EVTC:Mexico

Address

Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926

Website

https://www.evertecinc.com

Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.

Executives

Diego Viglianco	officer: EVP & Chief Operating Officer	PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo	officer: Senior Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale	director	C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado	officer: Vice President of Finance	PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez	officer: General Counsel & Secretary	PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler	director, officer: President & CEO	PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc	10 percent owner	P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett	director	4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer	officer: Chief Operating Officer	PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo	director	PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez	officer: Executive Vice President	PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan	director	PO BOX 364527, SAN JUAN PR 00936-4527