CYXTW (Cyxtera Technologies) Days Payable: 49.01 (As of Mar. 2023) — Near Median


CYXTW Cyxtera Technologies Inc CYXTW
16 GF Score
Price $2.92
! 2 Warning Signs
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What is Cyxtera Technologies Days Payable?

Cyxtera Technologies CYXTW 16 Days Payable is 49.01 as of Mar. 2023, which is 2% below its 10-year median of 49.91. GuruFocus rates CYXTW with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

Cyxtera Technologies's average Accounts Payable for the three months ended in Mar. 2023 was $55.75 Mil. Cyxtera Technologies's Cost of Goods Sold for the three months ended in Mar. 2023 was $103.80 Mil. Hence, Cyxtera Technologies's Days Payable for the three months ended in Mar. 2023 was 49.01.

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

CYXTW' s Days Payable Range Over the Past 10 Years
Min: 45.71   Med: 49.91   Max: 54.39
Current: 52.36

During the past 3 years, Cyxtera Technologies's highest Days Payable was 54.39. The lowest was 45.71. And the median was 49.91.

CYXTW's Days Payable is not ranked
in the Software industry.
Industry Median: 54.025 vs CYXTW: 52.36

Cyxtera Technologies's Days Payable declined from Mar. 2022 (54.98) to Mar. 2023 (49.01). It may suggest that Cyxtera Technologies accelerated paying its suppliers.


Cyxtera Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Cyxtera Technologies'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.

Cyxtera Technologies Days Payable Chart

Cyxtera Technologies Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
45.71 49.91 54.39

Cyxtera Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 54.98 54.71 54.95 54.12 49.01

CYXTW vs FCCN, GTCH, SASI: Days Payable Comparison

For the Information Technology Services subindustry, Cyxtera Technologies'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.


Cyxtera Technologies Days Payable vs Software Industry

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

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


CYXTW
16GF Score
Cyxtera Technologies Inc CYXTW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyxtera Technologies 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.

Cyxtera Technologies's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (57.9 + 61.9) / 2 ) / 402*365
=59.9 / 402*365
=54.39

Cyxtera Technologies's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (61.9 + 49.6) / 2 ) / 103.8*365 / 4
=55.75 / 103.8*365 / 4
=49.01

* 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 49.01 mean?
Cyxtera Technologies (CYXTW) has a Days Payable of 49.01 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cyxtera Technologies and its competitors. This is near median its historical median of 49.91. Over the past decade, Cyxtera Technologies' Days Payable has ranged from 45.71 to 54.39.
Is Cyxtera Technologies' Days Payable too high?
Cyxtera Technologies' current Days Payable of 49.01 is near median its 10-year median of 49.91. Over the past 10 years, this metric has ranged from a low of 45.71 to a high of 54.39. The Software industry median Days Payable is 54.03. Cyxtera Technologies' value of 49.01 is 9.3% below this industry median. Overall, Cyxtera Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cyxtera Technologies' Days Payable compare to FCCN and GTCH?
Cyxtera Technologies' Days Payable of 49.01 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. Cyxtera Technologies' value of 49.01 is 9.3% below this benchmark. Historically, Cyxtera Technologies' own Days Payable has ranged from 45.71 to 54.39 over the past decade. While the company's 10-year median is 49.91 vs. the industry median of 54.03, Cyxtera Technologies has consistently been below the industry average. 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 54.03, based on 2,600 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. Cyxtera Technologies's current Days Payable of 49.01 is 9.3% 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 Cyxtera Technologies and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyxtera Technologies's current Days Payable is 49.01, which is near median its own 10-year median of 49.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyxtera Technologies stock overvalued right now?
Cyxtera Technologies (CYXTW) has a current Days Payable of 49.01. The current Days Payable is 49.01, which is near median its 10-year median of 49.91 and 9.3% below the Software industry median of 54.03. Cyxtera Technologies' overall GF Score™ is 16/100 with 2 warning signs to review. 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 Cyxtera Technologies (CYXTW), the current Days Payable is 49.01 as of Mar. 2023. 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.

Cyxtera Technologies Business Description

Address 2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
16GF Score

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