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Intuit (MEX:INTU) Days Payable : 81.37 (As of Jan. 2025)


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What is Intuit Days Payable?

Intuit's average Accounts Payable for the three months ended in Jan. 2025 was MXN17,237 Mil. Intuit's Cost of Goods Sold for the three months ended in Jan. 2025 was MXN19,329 Mil. Hence, Intuit's Days Payable for the three months ended in Jan. 2025 was 81.37.

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

MEX:INTU' s Days Payable Range Over the Past 10 Years
Min: 62.51   Med: 78.34   Max: 103.16
Current: 82.63

During the past 13 years, Intuit's highest Days Payable was 103.16. The lowest was 62.51. And the median was 78.34.

MEX:INTU's Days Payable is ranked better than
65.09% of 2535 companies
in the Software industry
Industry Median: 50.17 vs MEX:INTU: 82.63

Intuit's Days Payable increased from Jan. 2024 (77.44) to Jan. 2025 (81.37). It may suggest that Intuit delayed paying its suppliers.


Intuit Days Payable Historical Data

The historical data trend for Intuit'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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Intuit Days Payable Chart

Intuit Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.40 104.60 101.96 89.17 68.18

Intuit Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 77.44 71.84 89.38 73.25 81.37

Competitive Comparison of Intuit's Days Payable

For the Software - Application subindustry, Intuit'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.


Intuit's Days Payable Distribution in the Software Industry

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

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


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Intuit 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.

Intuit's Days Payable for the fiscal year that ended in Jul. 2024 is calculated as

Days Payable (A: Jul. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2023 ) + Accounts Payable (A: Jul. 2024 )) / count ) / Cost of Goods Sold (A: Jul. 2024 )*Days in Period
=( (10666.275 + 13408.798) / 2 ) / 64440.338*365
=12037.5365 / 64440.338*365
=68.18

Intuit's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (13060.473 + 21412.902) / 2 ) / 19329.373*365 / 4
=17236.6875 / 19329.373*365 / 4
=81.37

* 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.


Intuit Days Payable Related Terms

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Intuit Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit serves small and midsize businesses with accounting software QuickBooks and online marketing platform Mailchimp. The company also operates retail tax filing tool TurboTax, personal finance platform Credit Karma, and a suite of professional tax offerings for accountants. Founded in the mid-1980s, Intuit enjoys a dominant market share for small business accounting and do-it-yourself tax filing in the US.