Switch (Switch) Days Payable : 27.72 (As of Sep. 2022)

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What is Switch Days Payable?

Switch's average Accounts Payable for the three months ended in Sep. 2022 was $38.5 Mil. Switch's Cost of Goods Sold for the three months ended in Sep. 2022 was $126.6 Mil. Hence, Switch's Days Payable for the three months ended in Sep. 2022 was 27.72.

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

SWCH' s Days Payable Range Over the Past 10 Years
Min: 17.84 Med: 30.06 Max: 38.4
Current: 34.44

During the past 7 years, Switch's highest Days Payable was 38.40. The lowest was 17.84. And the median was 30.06.

SWCH's Days Payable is not ranked
in the Software industry.
Industry Median: 50.7 vs SWCH: 34.44

Switch's Days Payable declined from Sep. 2021 (34.17) to Sep. 2022 (27.72). It may suggest that Switch accelerated paying its suppliers.

Switch Days Payable Historical Data

The historical data trend for Switch'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.

Switch Days Payable Chart

Switch Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

18.96

32.07

30.06

22.24

37.53

Switch Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial															34.17	47.56	37.22	25.89	27.72

Competitive Comparison of Switch's Days Payable

For the Information Technology Services subindustry, Switch'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.

Switch's Days Payable Distribution in the Software Industry

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

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

Switch 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.

Switch's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (14.588	+	55.262)	/	2 )	/	339.637	*	365
=	34.925					/	339.637	*	365
=	37.53

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

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (35.691	+	41.224)	/	2 )	/	126.582	*	365 / 4
=	38.4575					/	126.582	*	365 / 4
=	27.72

Switch Days Payable Related Terms

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Switch (Switch) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

7135 South Decatur Boulevard, Las Vegas, NV, USA, 89118

Website

https://www.switch.com

Switch Inc is a US-based technology infrastructure company. It is engaged in designing, constructing, and operating hyper-scale data centers. The company has developed patented technologies that have redefined data center space and cooling, allowing customers to deploy high-density and scalable IT architectures to support demanding and critical workloads. Switch owns and operates primary campus locations called Primes. These Primes are The Core Campus in Vegas, Nevada; The Citadel Campus near Reno, Nevada; The Pyramid Campus in Grand Rapids, Michigan; and The Keep Campus in Atlanta, Georgia. It generates the majority of its revenue through colocation, which includes the licensing and leasing of cabinet space & power.

Executives

Thomas A Thomas	director	5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Teresa A. Borden	officer: Chief Construction Officer	C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Rob Roy	director, 10 percent owner, officer: Chief Executive Officer	7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Erin Thomas Morton	10 percent owner, officer: President and General Counsel	7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Stella Roy	10 percent owner	410 S. RAMPART BLVD., SUITE 350, LAS VEGAS NV 89145
Jonathan H King	officer: Chief Revenue Officer	C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Jason Genrich	director	C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Melissa Young	officer: Chief Information Officer	C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
First St Switch Llc	10 percent owner	1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Jeffrey Alan Troesh	10 percent owner	1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Eastern Capital Group Llc	10 percent owner	1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Family Foundation Troesh	10 percent owner	1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Angela N Archon	director	294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Liane J Pelletier	director	10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Dt Grat Lm, Llc	10 percent owner	1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052