Paymentus Holdings (Paymentus Holdings) Days Payable

: 27.16 (As of Dec. 2023)

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Paymentus Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $34.3 Mil. Paymentus Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $115.3 Mil. Hence, Paymentus Holdings's Days Payable for the three months ended in Dec. 2023 was 27.16.

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

PAY' s Days Payable Range Over the Past 10 Years
Min: 4.92 Med: 27.2 Max: 28.36
Current: 27.19

During the past 5 years, Paymentus Holdings's highest Days Payable was 28.36. The lowest was 4.92. And the median was 27.20.

PAY's Days Payable is ranked worse than
70.5% of 2525 companies
in the Software industry
Industry Median: 51.49 vs PAY: 27.19

Paymentus Holdings's Days Payable declined from Dec. 2022 (28.38) to Dec. 2023 (27.16). It may suggest that Paymentus Holdings accelerated paying its suppliers.

Paymentus Holdings Days Payable Historical Data

The historical data trend for Paymentus Holdings'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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Paymentus Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

4.92

16.58

27.68

28.36

27.20

Paymentus Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable													28.38	26.05	27.94	27.67	27.16

Competitive Comparison

For the Software - Infrastructure subindustry, Paymentus Holdings'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.

Paymentus Holdings Days Payable Distribution

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

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

Paymentus Holdings 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.

Paymentus Holdings'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
=	( (29.232	+	35.182)	/	2 )	/	432.148	*	365
=	32.207					/	432.148	*	365
=	27.20

Paymentus Holdings'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
=	( (33.45	+	35.182)	/	2 )	/	115.308	*	365 / 4
=	34.316					/	115.308	*	365 / 4
=	27.16

Paymentus Holdings Days Payable Related Terms

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Paymentus Holdings (Paymentus Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paymentus Holdings Inc (NYSE:PAY) » Definitions » Days Payable

Comparable Companies

EVCM RAMP DOCN AVDX NTCT SWI PAYO EVTC CSGS ODD MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

11605 N. Community House Road, Suite 300, Charlotte, NC, USA, 28277

Website

https://www.paymentus.com

Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.

Executives

Andrew A. Gerber	officer: General Counsel and Secretary	18390 NE 68TH ST., REDMOND WA 98052
Gerasimos (jerry) Portocalis	officer: Chief Commercial Officer	18390 NE 68TH ST., REDMOND WA 98052
Arun Oberoi	director	100 EAST DAVIE STREET, RALEIGH NC 27601
Sanjay Kalra	officer: SVP and CFO	HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Paul E. Seamon	officer: Interim CFO	18390 NE 68TH ST, REDMOND WA 98052
Matt Parson	officer: Chief Financial Officer	18390 NE 68TH ST., REDMOND WA 98052
Gary Trainor	director	18390 NE 68TH ST., REDMOND WA 98052
Jody R Davids	director	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Dushyant Sharma	director, 10 percent owner, officer: Chairman, President and CEO	18390 NE 68TH ST., REDMOND WA 98052
William Ingram	director	C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Accel-kkr Growth Capital Partners Ii, Lp	10 percent owner	2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Growth Capital Partners Ii Strategic Fund, Lp	10 percent owner	2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
John C Morrow	officer: General Counsel and Secretary	11100 NE 8TH ST #600, BELLEVUE WA 98004
Accel-kkr Growth Capital Partners Iii, Lp	10 percent owner	2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Capital Partners Cv Iii, Lp	10 percent owner	2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025