GURUFOCUS.COM » STOCK LIST » Technology » Software » ACI Worldwide Inc (FRA:TSA) » Definitions » Days Payable

ACI Worldwide (FRA:TSA) Days Payable : 22.71 (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is ACI Worldwide Days Payable?

ACI Worldwide's average Accounts Payable for the three months ended in Sep. 2024 was €44 Mil. ACI Worldwide's Cost of Goods Sold for the three months ended in Sep. 2024 was €178 Mil. Hence, ACI Worldwide's Days Payable for the three months ended in Sep. 2024 was 22.71.

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

FRA:TSA' s Days Payable Range Over the Past 10 Years
Min: 21.51   Med: 27.58   Max: 40.87
Current: 21.51

During the past 13 years, ACI Worldwide's highest Days Payable was 40.87. The lowest was 21.51. And the median was 27.58.

FRA:TSA's Days Payable is ranked worse than
76.42% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:TSA: 21.51

ACI Worldwide's Days Payable increased from Sep. 2023 (22.70) to Sep. 2024 (22.71). It may suggest that ACI Worldwide delayed paying its suppliers.


ACI Worldwide Days Payable Historical Data

The historical data trend for ACI Worldwide'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.

* Premium members only.

ACI Worldwide Days Payable Chart

ACI Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.37 23.97 22.74 22.74 24.20

ACI Worldwide Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 22.70 22.05 21.51 20.80 22.71

Competitive Comparison of ACI Worldwide's Days Payable

For the Software - Infrastructure subindustry, ACI Worldwide'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.


ACI Worldwide's Days Payable Distribution in the Software Industry

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

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



ACI Worldwide 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.

ACI Worldwide's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (45.309 + 42.149) / 2 ) / 659.517*365
=43.729 / 659.517*365
=24.20

ACI Worldwide's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (45.333 + 43.169) / 2 ) / 177.814*365 / 4
=44.251 / 177.814*365 / 4
=22.71

* 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.


ACI Worldwide Days Payable Related Terms

Thank you for viewing the detailed overview of ACI Worldwide's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


ACI Worldwide Business Description

Traded in Other Exchanges
Address
6060 Coventry Drive, Elkhorn, NE, USA, 68022
ACI Worldwide Inc develops, markets, and installs a portfolio of software products focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but majority of the revenue is generated in the United States and EMEA regions.

ACI Worldwide Headlines

No Headlines