Computer Modelling Group (TSX:CMG) Days Payable : 123.56 (As of Mar. 2025)

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What is Computer Modelling Group Days Payable?

Computer Modelling Group's average Accounts Payable for the three months ended in Mar. 2025 was C$9.1 Mil. Computer Modelling Group's Cost of Goods Sold for the three months ended in Mar. 2025 was C$6.7 Mil. Hence, Computer Modelling Group's Days Payable for the three months ended in Mar. 2025 was 123.56.

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

TSX:CMG' s Days Payable Range Over the Past 10 Years
Min: 28.43 Med: 139.36 Max: 278.57
Current: 145.46

During the past 13 years, Computer Modelling Group's highest Days Payable was 278.57. The lowest was 28.43. And the median was 139.36.

TSX:CMG's Days Payable is ranked better than
77.08% of 2557 companies
in the Software industry
Industry Median: 52.14 vs TSX:CMG: 145.46

Computer Modelling Group's Days Payable increased from Mar. 2024 (108.29) to Mar. 2025 (123.56). It may suggest that Computer Modelling Group delayed paying its suppliers.

Computer Modelling Group Days Payable Historical Data

The historical data trend for Computer Modelling Group'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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Computer Modelling Group Days Payable Chart

Computer Modelling Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Days Payable

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278.57

139.36

28.43

Computer Modelling Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															108.29	128.93	235.59	219.48	123.56

Competitive Comparison of Computer Modelling Group's Days Payable

For the Software - Application subindustry, Computer Modelling Group'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.

Computer Modelling Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Computer Modelling Group's Days Payable falls into.

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Computer Modelling Group 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.

Computer Modelling Group's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

	Days Payable (A: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2024 )	+	Accounts Payable (A: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2025 )	*	Days in Period
=	( (2.027	+	1.858)	/	2 )	/	24.94	*	365
=	1.9425					/	24.94	*	365
=	28.43

Computer Modelling Group's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (16.42	+	1.858)	/	2 )	/	6.749	*	365 / 4
=	9.139					/	6.749	*	365 / 4
=	123.56

Computer Modelling Group Days Payable Related Terms

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Computer Modelling Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Modelling Group Ltd (TSX:CMG) » Definitions » Days Payable

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CMDXF:USA

Address

33 Street N.W., Suite 3710, Calgary, AB, CAN, T2L 2M1

Website

https://www.cmgl.ca

Computer Modelling Group Ltd is a software and consulting technology company engaged in developing and licensing reservoir simulation and seismic interpretation software. The company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.

Executives

Kenneth Michael Dedeluk	Director
Alexander Davern	Director
Pramod Jain	Senior Officer
Hermanus Jacobus Nieuwoudt	Senior Officer
Long X Nghiem	Senior Officer
Sandra Balic	Senior Officer
Anjani Kumar	Senior Officer
John Andrew Mortimer	Senior Officer
Rahul Jain	Senior Officer
Kristina Mysev	Senior Officer
Robert David Hicks	Senior Officer
Kiren Singh	Director
Christine (tina) Antony	Director
Ryan Nicolas Schneider	Director, Senior Officer
Burgundy Asset Management Ltd.	10% Security Holder