CYREN (CYRNQ) Days Payable: 28.74 (As of Sep. 2022)


CYRNQ CYREN Ltd CYRNQ
16 GF Score
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What is CYREN Days Payable?

CYREN CYRNQ -99.00% 16 Days Payable is 28.74 as of Sep. 2022. GuruFocus rates CYRNQ with a GF Score™ of 16/100.

CYREN's average Accounts Payable for the three months ended in Sep. 2022 was $1.04 Mil. CYREN's Cost of Goods Sold for the three months ended in Sep. 2022 was $3.31 Mil. Hence, CYREN's Days Payable for the three months ended in Sep. 2022 was 28.74.

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

CYRNQ's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

CYREN's Days Payable declined from Sep. 2021 (34.26) to Sep. 2022 (28.74). It may suggest that CYREN accelerated paying its suppliers.


CYREN Days Payable Historical Data

* Premium members only.

The historical data trend for CYREN'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.

CYREN Days Payable Chart

CYREN Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.32 33.70 33.46 24.48 22.39

CYREN Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 34.26 16.12 23.99 25.29 28.74

CYRNQ vs RBSH, XCUR, RGBP: Days Payable Comparison

For the Software - Infrastructure subindustry, CYREN'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.


CYREN Days Payable vs Software Industry

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

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


CYRNQ
16GF Score
CYREN Ltd CYRNQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CYREN 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.

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

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.799 + 1.075) / 2 ) / 15.277*365
=0.937 / 15.277*365
=22.39

CYREN's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.858 + 1.228) / 2 ) / 3.311*365 / 4
=1.043 / 3.311*365 / 4
=28.74

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 28.74 mean?
CYREN (CYRNQ) has a Days Payable of 28.74 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CYREN and its competitors.
Is CYREN's Days Payable too high?
CYREN's current Days Payable is 28.74. The Software industry median Days Payable is 53.83. CYREN's value of 28.74 is 46.6% below this industry median. Overall, CYREN has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CYREN's Days Payable compare to RBSH and XCUR?
CYREN's Days Payable of 28.74 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. CYREN's value of 28.74 is 46.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CYREN's current Days Payable of 28.74 is 46.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CYREN and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CYREN's current Days Payable is 28.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CYREN stock overvalued right now?
CYREN (CYRNQ) has a current Days Payable of 28.74. The current Days Payable is 28.74 and 46.6% below the Software industry median of 53.83. CYREN's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For CYREN (CYRNQ), the current Days Payable is 28.74 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CYREN Business Description

Address 10 Ha-Menofim Street, 5th Floor, Herzliya, ISR, 4672561
CYREN Ltd is a provider of cloud-delivered Software-as-a-Service (SaaS) cybersecurity solutions that protect businesses. Its cloud security products and services fall into the categories of Cyren Threat Detection Services; Cyren Threat Intelligence Data and Cyren Enterprise Email Security Products. It derives revenues from the sale of real-time cloud-based services for each of the company's email security, web security, anti-malware, and advanced threat protection offerings. The group has a business presence in Israel, the United States, Germany and other countries, of which prime revenue is derived from Israel. The company's offerings include Email Security Detection Engine, Malware Detection Engine, Web Security Engine, Phishing Intelligence, Malware Intelligence and other services.
16GF Score

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