Darktrace (Darktrace) Days Payable : 267.26 (As of Dec. 2023)

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What is Darktrace Days Payable?

Darktrace's average Accounts Payable for the six months ended in Dec. 2023 was $51.9 Mil. Darktrace's Cost of Goods Sold for the six months ended in Dec. 2023 was $35.4 Mil. Hence, Darktrace's Days Payable for the six months ended in Dec. 2023 was 267.26.

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

DRKTF' s Days Payable Range Over the Past 10 Years
Min: 86.76 Med: 207.49 Max: 349.52
Current: 349.52

During the past 6 years, Darktrace's highest Days Payable was 349.52. The lowest was 86.76. And the median was 207.49.

DRKTF's Days Payable is ranked better than
90.77% of 2525 companies
in the Software industry
Industry Median: 49.58 vs DRKTF: 349.52

Darktrace's Days Payable declined from Dec. 2022 (307.21) to Dec. 2023 (267.26). It may suggest that Darktrace accelerated paying its suppliers.

Darktrace Days Payable Historical Data

The historical data trend for Darktrace'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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Darktrace Days Payable Chart

Darktrace Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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262.55

240.52

165.49

96.74

85.84

Darktrace Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						275.43	229.94	307.21	293.81	267.26

Competitive Comparison of Darktrace's Days Payable

For the Software - Infrastructure subindustry, Darktrace'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.

Darktrace's Days Payable Distribution in the Software Industry

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

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

Darktrace 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.

Darktrace'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
=	( (11.206	+	14.965)	/	2 )	/	55.642	*	365
=	13.0855					/	55.642	*	365
=	85.84

Darktrace's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.965	+	88.781)	/	2 )	/	35.422	*	365 / 2
=	51.873					/	35.422	*	365 / 2
=	267.26

Darktrace Days Payable Related Terms

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Darktrace (Darktrace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Darktrace PLC (OTCPK:DRKTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DRKTY:USA DARKl:UK DARK:UK 7TJ:Germany

Address

Saint John’s Innovation Park, Cowley Road, Maurice Wilkes Building, Cambridge, GBR, CB4 0DS

Website

https://www.darktrace.com

Darktrace PLC is a provider of AI for the enterprise, with the first at-scale deployment of AI in cybersecurity. It is a pioneer of self-learning AI and is at the forefront of autonomous response technology. The Group's platform uses machine learning and AI algorithms to neutralize cyber threats across diverse digital estates, including the cloud and networks, IoT, and industrial control systems. Geographically, it derives a majority of revenue from the USA and Canada and also has a presence in the United Kingdom; Europe, and Rest of World.