Cegid Group (LTS:0RIY) Days Payable: 268.53 (As of Dec. 2016) — Near Median

What is Cegid Group Days Payable?

Cegid Group LTS:0RIY Days Payable is 268.53 as of Dec. 2016, which is 7% above its 10-year median of 249.97. The stock has 4 warning signs investors should review.

Cegid Group's average Accounts Payable for the six months ended in Dec. 2016 was €32.98 Mil. Cegid Group's Cost of Goods Sold for the six months ended in Dec. 2016 was €22.41 Mil. Hence, Cegid Group's Days Payable for the six months ended in Dec. 2016 was 268.53.

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

LTS:0RIY' s Days Payable Range Over the Past 10 Years
Min: 217.37 Med: 249.97 Max: 289.08
Current: 280.63

During the past 13 years, Cegid Group's highest Days Payable was 289.08. The lowest was 217.37. And the median was 249.97.

LTS:0RIY's Days Payable is not ranked
in the Software industry.
Industry Median: 53.675 vs LTS:0RIY: 280.63

Cegid Group's Days Payable increased from Dec. 2015 (242.82) to Dec. 2016 (268.53). It may suggest that Cegid Group delayed paying its suppliers.

Cegid Group Days Payable Related Terms

Cegid Group Days Payable Historical Data

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The historical data trend for Cegid Group'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.

Cegid Group Days Payable Chart

Cegid Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

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233.81

248.93

245.38

260.00

272.52

Cegid Group Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Days Payable	Get a 7-Day Free Trial															222.15	246.76	242.82	270.33	268.53

LTS:0RIY vs TYPE, MTLS, TIVO: Days Payable Comparison

For the Software - Application subindustry, Cegid Group'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.

Cegid Group Days Payable vs Software Industry

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

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

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Cegid Group 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.

Cegid Group's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (31.885	+	33.839)	/	2 )	/	44.013	*	365
=	32.862					/	44.013	*	365
=	272.52

Cegid Group's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

	Days Payable (Q: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2016 )	+	Accounts Payable (Q: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2016 )	*	Days in Period
=	( (32.112	+	33.839)	/	2 )	/	22.411	*	365 / 2
=	32.9755					/	22.411	*	365 / 2
=	268.53

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 268.53 mean?

Cegid Group (LTS:0RIY) has a Days Payable of 268.53 as of Dec. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cegid Group and its competitors. This is near median its historical median of 249.97. Over the past decade, Cegid Group's Days Payable has ranged from 217.37 to 289.08.

Is Cegid Group's Days Payable too high?

Cegid Group's current Days Payable of 268.53 is near median its 10-year median of 249.97. Over the past 10 years, this metric has ranged from a low of 217.37 to a high of 289.08. The Software industry median Days Payable is 53.68. Cegid Group's value of 268.53 is 400.3% above this industry median.

How does Cegid Group's Days Payable compare to TYPE and MTLS?

Cegid Group's Days Payable of 268.53 can be compared against companies in the Software industry. The industry median Days Payable is 53.68. Cegid Group's value of 268.53 is 400.3% above this benchmark. Historically, Cegid Group's own Days Payable has ranged from 217.37 to 289.08 over the past decade. While the company's 10-year median is 249.97 vs. the industry median of 53.68, Cegid Group has consistently been above 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 53.68, 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. Cegid Group's current Days Payable of 268.53 is 400.3% above 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 Cegid Group and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cegid Group's current Days Payable is 268.53, which is near median its own 10-year median of 249.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cegid Group stock overvalued right now?

Cegid Group (LTS:0RIY) has a current Days Payable of 268.53. The current Days Payable is 268.53, which is near median its 10-year median of 249.97 and 400.3% above the Software industry median of 53.68. 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 Cegid Group (LTS:0RIY), the current Days Payable is 268.53 as of Dec. 2016. 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.

Cegid Group Business Description

Industry Technology Software

Comparable Companies SZSE:002657 SHSE:603533 SZSE:300229 SZSE:300002 LSE:KNOS TSE:9928 TYPE MTLS SGX:5CP HKSE:01675 XTAE:HLAN TSE:3994 TIVO QADA XTER:MUM SZSE:002095 SHSE:600756 SHSE:603636 UPLD SZSE:300177

Website http://www.cegid.com

Cegid Group SA is engaged in the development, hosting, sell and distribution of business management software and related goods and services. It serves the finance, taxation, human resources, public, retail, manufacturing, services, trade, and accounting profession sectors, as well as startups and small businesses. Geographically business activity of the group is based in France.