MicroStrategy (MEX:MSTR) Days Payable : 115.33 (As of Sep. 2024)

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What is MicroStrategy Days Payable?

MicroStrategy's average Accounts Payable for the three months ended in Sep. 2024 was MXN855 Mil. MicroStrategy's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN676 Mil. Hence, MicroStrategy's Days Payable for the three months ended in Sep. 2024 was 115.33.

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

MEX:MSTR' s Days Payable Range Over the Past 10 Years
Min: 101.78 Med: 142.86 Max: 180.56
Current: 123.62

During the past 13 years, MicroStrategy's highest Days Payable was 180.56. The lowest was 101.78. And the median was 142.86.

MEX:MSTR's Days Payable is ranked better than
74.71% of 2523 companies
in the Software industry
Industry Median: 48.75 vs MEX:MSTR: 123.62

MicroStrategy's Days Payable declined from Sep. 2023 (115.40) to Sep. 2024 (115.33). It may suggest that MicroStrategy accelerated paying its suppliers.

MicroStrategy Days Payable Historical Data

The historical data trend for MicroStrategy'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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MicroStrategy Days Payable Chart

MicroStrategy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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179.78

177.86

162.08

153.46

MicroStrategy 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															115.40	126.58	130.63	121.11	115.33

Competitive Comparison of MicroStrategy's Days Payable

For the Software - Application subindustry, MicroStrategy'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.

MicroStrategy's Days Payable Distribution in the Software Industry

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

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

MicroStrategy 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.

MicroStrategy'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
=	( (837.86	+	731.42)	/	2 )	/	1866.216	*	365
=	784.64					/	1866.216	*	365
=	153.46

MicroStrategy'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
=	( (809.529	+	900.122)	/	2 )	/	676.342	*	365 / 4
=	854.8255					/	676.342	*	365 / 4
=	115.33

MicroStrategy Days Payable Related Terms

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MicroStrategy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroStrategy Inc (MEX:MSTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MSTR:USA 1MSTR:Italy 0A7O:UK MIGA:Germany MIGA:Germany

Address

1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182

Website

https://www.microstrategy.com

MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.