TomTom NV (TomTom NV) Days Payable : 93.95 (As of Mar. 2024)

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What is TomTom NV Days Payable?

TomTom NV's average Accounts Payable for the three months ended in Mar. 2024 was $21.2 Mil. TomTom NV's Cost of Goods Sold for the three months ended in Mar. 2024 was $20.6 Mil. Hence, TomTom NV's Days Payable for the three months ended in Mar. 2024 was 93.95.

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

TMOAY' s Days Payable Range Over the Past 10 Years
Min: 42.4 Med: 73.63 Max: 120.31
Current: 63.92

During the past 13 years, TomTom NV's highest Days Payable was 120.31. The lowest was 42.40. And the median was 73.63.

TMOAY's Days Payable is ranked better than
56.2% of 2523 companies
in the Software industry
Industry Median: 51.44 vs TMOAY: 63.92

TomTom NV's Days Payable increased from Mar. 2023 (38.77) to Mar. 2024 (93.95). It may suggest that TomTom NV delayed paying its suppliers.

TomTom NV Days Payable Historical Data

The historical data trend for TomTom NV'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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TomTom NV Days Payable Chart

TomTom NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.74

113.20

68.94

44.37

55.57

TomTom NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															38.77	45.87	49.47	86.81	93.95

Competitive Comparison of TomTom NV's Days Payable

For the Software - Application subindustry, TomTom NV'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.

TomTom NV's Days Payable Distribution in the Software Industry

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

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

TomTom NV 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.

TomTom NV'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
=	( (6.464	+	23.084)	/	2 )	/	97.047	*	365
=	14.774					/	97.047	*	365
=	55.57

TomTom NV's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (23.084	+	19.341)	/	2 )	/	20.602	*	365 / 4
=	21.2125					/	20.602	*	365 / 4
=	93.95

TomTom NV Days Payable Related Terms

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TomTom NV (TomTom NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TomTom NV (OTCPK:TMOAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

TomTom NV (TomTom NV) Headlines

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Q4 2023 TomTom NV Earnings Call Transcript

By GuruFocus Research • 02-05-2024