Snowflake Days Payable

: 9.83 (As of Apr. 2022)

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Snowflake's average Accounts Payable for the three months ended in Apr. 2022 was $16 Mil. Snowflake's Cost of Goods Sold for the three months ended in Apr. 2022 was $148 Mil. Hence, Snowflake's Days Payable for the three months ended in Apr. 2022 was 9.83.

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

SNOW' s Days Payable Range Over the Past 10 Years
Min: 7.6 Med: 18.43 Max: 58.24
Current: 8.07

During the past 4 years, Snowflake's highest Days Payable was 58.24. The lowest was 7.60. And the median was 18.43.

SNOW's Days Payable is ranked worse than
94.39% of 2389 companies
in the Software industry
Industry Median: 52.90 vs SNOW: 8.07

Snowflake's Days Payable increased from Apr. 2021 (4.70) to Apr. 2022 (9.83). It may suggest that Snowflake delayed paying its suppliers.

Snowflake Days Payable Historical Data

The historical data trend for Snowflake'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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Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Days Payable

58.24

26.22

10.63

7.60

Snowflake Quarterly Data
	Jan19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
Days Payable								4.70	5.95	7.57	8.16	9.83

Competitive Comparison

For the Software - Application subindustry, Snowflake'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.

Annual Data Quarterly Data

Snowflake Days Payable Distribution

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

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

Snowflake 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.

Snowflake's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as

	Days Payable (A: Jan. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2021 )	+	Accounts Payable (A: Jan. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2022 )	*	Days in Period
=	( (5.647	+	13.441)	/	2 )	/	458.433	*	365
=	9.544					/	458.433	*	365
=	7.60

Snowflake's Days Payable for the quarter that ended in Apr. 2022 is calculated as:

	Days Payable (Q: Apr. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2022 )	+	Accounts Payable (Q: Apr. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2022 )	*	Days in Period
=	( (13.441	+	18.442)	/	2 )	/	147.93	*	365 / 4
=	15.9415					/	147.93	*	365 / 4
=	9.83

Snowflake Days Payable Related Terms

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Snowflake Business Description

Industry

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

Comparable Companies

NAS:CDNS NAS:ADSK NAS:WDAY NAS:ZM NAS:TEAM NYSE:UBER NAS:DDOG NAS:TTD NAS:ANSS NYSE:PAYC NYSE:CRM NAS:INTU XTER:SAP NYSE:NOW XPAR:DSY TSX:SHOP TSX:CSU ISX:GOTO HKSE:00020 NAS:SSNC

Traded in Other Exchanges

SNOW:Mexico 0A93:UK 5Q5:Germany S2NW34:Brazil SNWF:Austria

Address

450 Concar Drive, San Mateo, CA, USA, 94402

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Executives

Sequoia Grove Ii, Llc	10 percent owner	SEQUOIA CAPITAL 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Sequoia Grove Manager, Llc	10 percent owner	SEQUOIA CAPITAL 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Sequoia Capital Growth Fund Iii	10 percent owner	2800 SAND HILL RD, SUITE 101 MENLO PARK CA 94025
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET OMAHA NE 68131
Iconiq Strategic Partners V Tt Gp, Ltd.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners V Gp, L.p.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Altimeter Capital Management General Partner, Llc	10 percent owner	ONE INTERNATIONAL PLACE SUITE 4610 BOSTON MA 02110
Iconiq Strategic Partners V-b, L.p.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners V, L.p.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Buffett Warren E	10 percent owner	3555 FARNAM ST STE 1440 OMAHA NE 68131
Iconiq Strategic Partners Iii, L.p.	10 percent owner	394 PACIFIC AVENUE, 2ND FLOOR SAN FRANCISCO CA 94111
Jacobson Matthew	10 percent owner	C/O DATADOG, INC. 45TH FLOOR NEW YORK NY 10001
Iconiq Strategic Partners Iii-b, L.p.	10 percent owner	394 PACIFIC AVENUE, 2ND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners Iii Gp, L.p.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners Iii Tt Gp, Ltd.	10 percent owner	394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111