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JFrog (FROG) Days Payable : 70.78 (As of Dec. 2023)


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What is JFrog Days Payable?

JFrog's average Accounts Payable for the three months ended in Dec. 2023 was $15.8 Mil. JFrog's Cost of Goods Sold for the three months ended in Dec. 2023 was $20.4 Mil. Hence, JFrog's Days Payable for the three months ended in Dec. 2023 was 70.78.

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

FROG' s Days Payable Range Over the Past 10 Years
Min: 69.87   Med: 83.05   Max: 108.81
Current: 69.87

During the past 6 years, JFrog's highest Days Payable was 108.81. The lowest was 69.87. And the median was 83.05.

FROG's Days Payable is ranked better than
59% of 2522 companies
in the Software industry
Industry Median: 50.7 vs FROG: 69.87

JFrog's Days Payable declined from Dec. 2022 (73.89) to Dec. 2023 (70.78). It may suggest that JFrog accelerated paying its suppliers.


JFrog Days Payable Historical Data

The historical data trend for JFrog'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.

JFrog Days Payable Chart

JFrog Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 74.54 95.58 90.67 75.40 75.42

JFrog Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 73.89 71.72 67.23 64.24 70.78

Competitive Comparison of JFrog's Days Payable

For the Software - Application subindustry, JFrog'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.


JFrog's Days Payable Distribution in the Software Industry

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

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



JFrog 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.

JFrog'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
=( (14.867 + 16.97) / 2 ) / 77.043*365
=15.9185 / 77.043*365
=75.42

JFrog'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (14.712 + 16.97) / 2 ) / 20.423*365 / 4
=15.841 / 20.423*365 / 4
=70.78

* 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.


JFrog Days Payable Related Terms

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


JFrog (FROG) Business Description

Traded in Other Exchanges
N/A
Address
270 E. Caribbean Drive, Sunnyvale, CA, USA, 94089
JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform that powers and controls the software supply chain, enabling organizations to continuously and securely deliver software updates across any system. Geographically, it derives a majority of revenue from Israel. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight.
Executives
Frederic Simon director C/O JFROG LTD, 270 E. CARIBBEAN DRIVE, SUNNYVALE CA 94089
Ben Haim Shlomi director, officer: Chief Executive Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Yoav Landman director, officer: Chief Technology Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Tali Notman officer: Chief Revenue Officer C/O JFROG LTD, 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Yakov (jacob) Shulman officer: Chief Financial Officer C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Yossi Sela director, 10 percent owner GEMINI ISRAEL FUNDS, 9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Jeff Horing director INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Meerah Rajavel director C/O JFROG LTD., 270 E CARIBBEAN DRIVE, SUNNYVALE CA 94089
Andrew L. Vitus director, 10 percent owner C/O SCALE VENTURE PARTNERS, 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404
Gemini Israel V Limited Partnership 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Scale Venture Partners Iv, L.p. 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
Stacey Bishop 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404
Gemini Partners Investors V L.p. 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000

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