Unity Software (Unity Software) Days Payable : 6.40 (As of Dec. 2023)

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What is Unity Software Days Payable?

Unity Software's average Accounts Payable for the three months ended in Dec. 2023 was $18 Mil. Unity Software's Cost of Goods Sold for the three months ended in Dec. 2023 was $262 Mil. Hence, Unity Software's Days Payable for the three months ended in Dec. 2023 was 6.40.

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

U' s Days Payable Range Over the Past 10 Years
Min: 8.64 Med: 20.76 Max: 41.93
Current: 10.32

During the past 6 years, Unity Software's highest Days Payable was 41.93. The lowest was 8.64. And the median was 20.76.

U's Days Payable is ranked worse than
91.44% of 2522 companies
in the Software industry
Industry Median: 51.485 vs U: 10.32

Unity Software's Days Payable declined from Dec. 2022 (11.22) to Dec. 2023 (6.40). It may suggest that Unity Software accelerated paying its suppliers.

Unity Software Days Payable Historical Data

The historical data trend for Unity Software'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.

Unity Software Days Payable Chart

Unity Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.84

23.31

18.21

14.12

8.64

Unity Software Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															11.22	13.65	13.44	12.28	6.40

Competitive Comparison of Unity Software's Days Payable

For the Software - Application subindustry, Unity Software'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.

Unity Software's Days Payable Distribution in the Software Industry

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

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

Unity Software 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.

Unity Software'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
=	( (20.221	+	14.517)	/	2 )	/	733.722	*	365
=	17.369					/	733.722	*	365
=	8.64

Unity Software'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
=	( (22.166	+	14.517)	/	2 )	/	261.582	*	365 / 4
=	18.3415					/	261.582	*	365 / 4
=	6.40

Unity Software Days Payable Related Terms

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Unity Software (Unity Software) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

U:Mexico US3:Germany US3:Germany U2ST34:Brazil

Address

30 3rd Street, San Francisco, CA, USA, 94103-3104

Website

https://www.unity.com

Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.

Executives

Tomer Bar-zeev	director, officer: President, Grow	C/O IRONSOURCE LTD., 121 MENACHEM BEGIN STREET, TEL AVIV L3 6701203
Anirma Gupta	officer: SVP, General Counsel	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Mark Barrysmith	officer: Principal Accounting Officer	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Michelle K. Lee	director	C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102
Marc Whitten	officer: SVP & GM, Create Solutions	C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103
Luis Felipe Visoso	director	C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Carol W. Carpenter	officer: SVP & Chief Marketing Officer	1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
David Helgason	director	C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
James M Whitehurst	director, officer: Interim CEO and President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Silver Lake Group, L.l.c.	director, 10 percent owner	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John S. Riccitiello	director, officer: President and CEO	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robynne Sisco	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shlomo Dovrat	director	16 ABBA EBAN AVENUE, HERZELIYA L3 46725
Clive Downie	officer: SVP & Chief Marketing Officer	699 8TH STREET, SAN FRANCISCO CA 94103
Ingrid Lestiyo	officer: SVP & GM, Operate Solutions	C/O UNITY SOFTWARE INC., 30-3RD STREET, SAN FRANCISCO CA 94103