Smartsheet (Smartsheet) Days Payable

: 3.87 (As of Jan. 2024)

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Smartsheet's average Accounts Payable for the three months ended in Jan. 2024 was $2.0 Mil. Smartsheet's Cost of Goods Sold for the three months ended in Jan. 2024 was $46.5 Mil. Hence, Smartsheet's Days Payable for the three months ended in Jan. 2024 was 3.87.

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

SMAR' s Days Payable Range Over the Past 10 Years
Min: 3.64 Med: 30.75 Max: 51.26
Current: 3.64

During the past 9 years, Smartsheet's highest Days Payable was 51.26. The lowest was 3.64. And the median was 30.75.

SMAR's Days Payable is ranked worse than
96.99% of 2525 companies
in the Software industry
Industry Median: 51.49 vs SMAR: 3.64

Smartsheet's Days Payable declined from Jan. 2023 (6.12) to Jan. 2024 (3.87). It may suggest that Smartsheet accelerated paying its suppliers.

Smartsheet Days Payable Historical Data

The historical data trend for Smartsheet'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.

Smartsheet Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

42.70

22.55

6.83

4.01

4.95

Smartsheet Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																6.12	3.83	3.13	2.43	3.87

Competitive Comparison

For the Software - Application subindustry, Smartsheet'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.

Smartsheet Days Payable Distribution

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

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

Smartsheet 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.

Smartsheet's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (2.125	+	2.937)	/	2 )	/	186.448	*	365
=	2.531					/	186.448	*	365
=	4.95

Smartsheet's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.005	+	2.937)	/	2 )	/	46.491	*	365 / 4
=	1.971					/	46.491	*	365 / 4
=	3.87

Smartsheet Days Payable Related Terms

Thank you for viewing the detailed overview of Smartsheet's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Smartsheet (Smartsheet) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

3SE:Germany 3SE:Germany

Address

500 108th Avenue North East, Suite 200, Bellevue, WA, USA, 98004

Website

https://www.smartsheet.com

Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet's offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.

Executives

Jolene Lau Marshall	officer: Chief Legal Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Michael Arntz	officer: Chief Revenue Officer	C/O SMARTSHEET INC., 10500 NE 8TH ST, STE 1300, BELLEVUE WA 98004
Pete Godbole	officer: CFO & Treasurer	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1, BELLEVUE WA 98004
Alissa Jamese Abdullah	director	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Mark Patrick Mader	director, officer: President and CEO	3514 45TH AVE NE, SEATTLE WA 98105
James N White	director	755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Geoffrey T Barker	director	1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Khozema Shipchandler	director	C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Michael P Gregoire	director	C/O CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Stephen Robert Branstetter	officer: Chief Operating Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Elena Gomez	director	TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Megan Hansen	officer: Chief People & Culture Officer	C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Dennis M Durkin	director	C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Andrew Lee Bennett	officer: Chief Marketing Officer	C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Matthew S Mcilwain	director	1000 SECOND AVENUE, SUITE 3700, SEATTLE WA 98104