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Atlassian (BSP:T1AM34) Days Payable : 73.99 (As of Mar. 2024)


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What is Atlassian Days Payable?

Atlassian's average Accounts Payable for the three months ended in Mar. 2024 was R$862 Mil. Atlassian's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,063 Mil. Hence, Atlassian's Days Payable for the three months ended in Mar. 2024 was 73.99.

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

BSP:T1AM34' s Days Payable Range Over the Past 10 Years
Min: 31.26   Med: 40.87   Max: 71.54
Current: 71.54

During the past 11 years, Atlassian's highest Days Payable was 71.54. The lowest was 31.26. And the median was 40.87.

BSP:T1AM34's Days Payable is ranked better than
59.9% of 2524 companies
in the Software industry
Industry Median: 50.7 vs BSP:T1AM34: 71.54

Atlassian's Days Payable increased from Mar. 2023 (64.31) to Mar. 2024 (73.99). It may suggest that Atlassian delayed paying its suppliers.


Atlassian Days Payable Historical Data

The historical data trend for Atlassian'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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Atlassian Days Payable Chart

Atlassian Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.22 33.48 39.64 48.93 70.19

Atlassian 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.31 73.52 72.46 67.47 73.99

Competitive Comparison of Atlassian's Days Payable

For the Software - Application subindustry, Atlassian'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.


Atlassian's Days Payable Distribution in the Software Industry

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

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



Atlassian 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.

Atlassian's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (409.974 + 773.16) / 2 ) / 3076.105*365
=591.567 / 3076.105*365
=70.19

Atlassian'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
=( (786.266 + 937.403) / 2 ) / 1062.814*365 / 4
=861.8345 / 1062.814*365 / 4
=73.99

* 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.


Atlassian Days Payable Related Terms

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Atlassian (BSP:T1AM34) Business Description

Traded in Other Exchanges
Address
341 George Street, Level 6, Sydney, NSW, AUS, 2000
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.

Atlassian (BSP:T1AM34) Headlines

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