FNCHF (FINEOS Holdings) Days Payable : 279.76 (As of Jun. 2024)

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What is FINEOS Holdings Days Payable?

FINEOS Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $28.1 Mil. FINEOS Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $18.3 Mil. Hence, FINEOS Holdings's Days Payable for the six months ended in Jun. 2024 was 279.76.

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

FNCHF' s Days Payable Range Over the Past 10 Years
Min: 21.39 Med: 26.99 Max: 196.76
Current: 196.76

During the past 4 years, FINEOS Holdings's highest Days Payable was 196.76. The lowest was 21.39. And the median was 26.99.

FNCHF's Days Payable is ranked better than
83.99% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FNCHF: 196.76

FINEOS Holdings's Days Payable increased from Jun. 2023 (131.85) to Jun. 2024 (279.76). It may suggest that FINEOS Holdings delayed paying its suppliers.

FINEOS Holdings Days Payable Historical Data

The historical data trend for FINEOS Holdings'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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FINEOS Holdings Days Payable Chart

FINEOS Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Payable

31.14

28.32

22.64

24.75

FINEOS Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						109.43	116.92	131.85	35.47	279.76

Competitive Comparison of FINEOS Holdings's Days Payable

For the Software - Infrastructure subindustry, FINEOS Holdings'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.

FINEOS Holdings's Days Payable Distribution in the Software Industry

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

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

FINEOS Holdings 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.

FINEOS Holdings'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
=	( (1.834	+	3.945)	/	2 )	/	42.621	*	365
=	2.8895					/	42.621	*	365
=	24.75

FINEOS Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (3.431	+	52.787)	/	2 )	/	18.337	*	365 / 2
=	28.109					/	18.337	*	365 / 2
=	279.76

FINEOS Holdings Days Payable Related Terms

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FINEOS Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FINEOS Corp Holdings PLC (OTCPK:FNCHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0M9:Germany FCL:Australia

Address

East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97

Website

https://www.fineos.com

Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.