SOFO has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SOFO has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Sonic Foundry's average Accounts Payable for the three months ended in Sep. 2023 was $2.02 Mil. Sonic Foundry's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.35 Mil. Hence, Sonic Foundry's Days Payable for the three months ended in Sep. 2023 was 78.35.
The historical rank and industry rank for Sonic Foundry's Days Payable or its related term are showing as below:
During the past 13 years, Sonic Foundry's highest Days Payable was 78.84. The lowest was 42.08. And the median was 55.17.
Sonic Foundry's Days Payable increased from Sep. 2022 (60.41) to Sep. 2023 (78.35). It may suggest that Sonic Foundry delayed paying its suppliers.
The historical data trend for Sonic Foundry'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.
Sonic Foundry Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Days Payable | Get a 7-Day Free Trial | 48.24 | 66.91 | 66.68 | 62.77 | 78.84 |
Sonic Foundry Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Days Payable | Get a 7-Day Free Trial | 60.41 | 85.21 | 64.05 | 66.71 | 78.35 |
For the Software - Application subindustry, Sonic Foundry'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.
For the Software industry and Technology sector, Sonic Foundry's Days Payable distribution charts can be found below:
* The bar in red indicates where Sonic Foundry's Days Payable falls into.
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.
Sonic Foundry's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as
Days Payable (A: Sep. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Sep. 2022 ) | + | Accounts Payable (A: Sep. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Sep. 2023 ) | * | Days in Period |
= | ( (1.904 | + | 2.094) | / | 2 ) | / | 9.255 | * | 365 |
= | 1.999 | / | 9.255 | * | 365 | ||||
= | 78.84 |
Sonic Foundry's Days Payable for the quarter that ended in Sep. 2023 is calculated as:
Days Payable (Q: Sep. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Jun. 2023 ) | + | Accounts Payable (Q: Sep. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2023 ) | * | Days in Period |
= | ( (1.938 | + | 2.094) | / | 2 ) | / | 2.348 | * | 365 / 4 |
= | 2.016 | / | 2.348 | * | 365 / 4 | ||||
= | 78.35 |
* 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.
Thank you for viewing the detailed overview of Sonic Foundry's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian Wiegand | director | 8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562 |
Ron W Busslinger | 10 percent owner | 27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677 |
Joe Jr Mozden | director | 3423 WILD PRAIRIE LN, GENEVA IL 60134 |
Kenneth A Minor | officer: Chief Financial Officer | |
Nelson A Murphy | director | 2300 W INNES ST, SALISBURY NC 28144 |
Taha Jangda | director | 3827 LINKLEA DRIVE, HOUSTON TX 77025 |
Lawrence William St | director | 23 ASHLAND STREET, NEWBURYPORT MA 01950-1905 |
Kelsy L Boyd | director | 2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527 |
Michael Norregaard | officer: Chief Operating Officer | 4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562 |
Andrew D. Burish | 10 percent owner | 8020 EXCELSIOR DRIVE, MADISON WI 53717 |
David Slayton | director | 701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401 |
Gary Weis | director, officer: Chief Executive Officer & CTO | |
Kopko Frederick H Jr | director | 4901 S ELLIS AVE, CHICAGO IL 60615 |
Mark D Burish | director | HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703 |
David Kleinman | director |
From GuruFocus
By GuruFocusNews GuruFocusNews • 01-24-2022
By Business Wire Business Wire • 01-31-2023
By Business Wire Business Wire • 06-30-2022
By Business Wire • 08-15-2023
By Business Wire Business Wire • 06-07-2022
By Business Wire • 10-18-2023
By Business Wire • 10-31-2023
By Don Li2 Don Li2 • 11-08-2021
By Business Wire • 09-22-2023
By Marketwired Marketwired • 09-08-2021
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.