PAR Technology (PAR Technology) Days Payable

: 32.01 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

PAR Technology's average Accounts Payable for the three months ended in Dec. 2023 was $28.5 Mil. PAR Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $81.3 Mil. Hence, PAR Technology's Days Payable for the three months ended in Dec. 2023 was 32.01.

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

PAR' s Days Payable Range Over the Past 10 Years
Min: 27.81 Med: 30.52 Max: 37.75
Current: 31.2

During the past 13 years, PAR Technology's highest Days Payable was 37.75. The lowest was 27.81. And the median was 30.52.

PAR's Days Payable is ranked worse than
66.16% of 2521 companies
in the Software industry
Industry Median: 51.44 vs PAR: 31.20

PAR Technology's Days Payable increased from Dec. 2022 (30.56) to Dec. 2023 (32.01). It may suggest that PAR Technology delayed paying its suppliers.

PAR Technology Days Payable Historical Data

The historical data trend for PAR Technology'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.

PAR Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

35.36

30.52

27.81

30.22

30.52

PAR Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																30.56	30.41	31.57	31.43	32.01

Competitive Comparison

For the Software - Application subindustry, PAR Technology'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.

PAR Technology Days Payable Distribution

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

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

PAR Technology 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.

PAR Technology'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
=	( (23.283	+	29.808)	/	2 )	/	317.513	*	365
=	26.5455					/	317.513	*	365
=	30.52

PAR Technology'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
=	( (27.229	+	29.808)	/	2 )	/	81.307	*	365 / 4
=	28.5185					/	81.307	*	365 / 4
=	32.01

PAR Technology Days Payable Related Terms

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

PAR Technology (PAR Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PAR Technology Corp (NYSE:PAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

35U:Germany

Address

PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991

Website

https://www.partech.com

PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.

Executives

Douglas Gregory Rauch	director	54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge	officer: Chief Accounting Officer	PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King	officer: VP, GEN COUNSEL & CORP SEC	5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson	officer: President of Subsidiary	747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra	officer: CHF PRODUCT & TECH OFFICER	745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh	director	4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal	director	1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr	director	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar	officer: VP & Chief Financial Officer	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli	officer: President, PGSC & RRC	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley	director, officer: President & CEO	8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden	10 percent owner	1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc	10 percent owner	6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p.	10 percent owner	6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel	director	101 KNOLLWOOD DRIVE, ROCHESTER NY 14618