Afterpay (Afterpay) Days Payable : 332.46 (As of Jun. 2021)

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What is Afterpay Days Payable?

Afterpay's average Accounts Payable for the six months ended in Jun. 2021 was $193.9 Mil. Afterpay's Cost of Goods Sold for the six months ended in Jun. 2021 was $106.4 Mil. Hence, Afterpay's Days Payable for the six months ended in Jun. 2021 was 332.46.

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

AFTPY' s Days Payable Range Over the Past 10 Years
Min: 336.89 Med: 404.09 Max: 1355.63
Current: 336.89

During the past 5 years, Afterpay's highest Days Payable was 1355.63. The lowest was 336.89. And the median was 404.09.

AFTPY's Days Payable is not ranked
in the Software industry.
Industry Median: 50.16 vs AFTPY: 336.89

Afterpay's Days Payable increased from Jun. 2020 (317.39) to Jun. 2021 (332.46). It may suggest that Afterpay delayed paying its suppliers.

Afterpay Days Payable Historical Data

The historical data trend for Afterpay'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.

Afterpay Days Payable Chart

Afterpay Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Days Payable

1,355.32

405.24

478.94

396.00

343.26

Afterpay Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Payable	Get a 7-Day Free Trial				441.00	337.10	317.39	305.70	332.46

Competitive Comparison of Afterpay's Days Payable

For the Software - Infrastructure subindustry, Afterpay'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.

Afterpay's Days Payable Distribution in the Software Industry

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

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

Afterpay 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.

Afterpay's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

	Days Payable (A: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2020 )	+	Accounts Payable (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (124.727	+	234.143)	/	2 )	/	190.799	*	365
=	179.435					/	190.799	*	365
=	343.26

Afterpay's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (153.643	+	234.143)	/	2 )	/	106.434	*	365 / 2
=	193.893					/	106.434	*	365 / 2
=	332.46

Afterpay Days Payable Related Terms

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

Afterpay (Afterpay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000

Website

https://www.afterpay.com

Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.