SOFO (Sonic Foundry) Days Payable: 78.35 (As of Sep. 2023)

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SOFO Sonic Foundry Inc SOFO
12 GF Score
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What is Sonic Foundry Days Payable?

Sonic Foundry SOFO 12 Days Payable is 78.35 as of Sep. 2023. GuruFocus rates SOFO with a GF Score™ of 12/100.

Sonic Foundry's average Accounts Payable for the three months ended in Sep. 2023 was $2.02 Mil. Sonic Foundry's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.35 Mil. Hence, Sonic Foundry's Days Payable for the three months ended in Sep. 2023 was 78.35.

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

SOFO's Days Payable is not ranked *
in the Software industry.
Industry Median: 51.7
* Ranked among companies with meaningful Days Payable only.

Sonic Foundry's Days Payable increased from Sep. 2022 (60.41) to Sep. 2023 (78.35). It may suggest that Sonic Foundry delayed paying its suppliers.

Sonic Foundry Days Payable Historical Data

* Premium members only.

The historical data trend for Sonic Foundry'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.

Sonic Foundry Days Payable Chart

Sonic Foundry Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.24 66.91 66.68 62.77 78.84

Sonic Foundry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 60.41 85.21 64.05 66.71 78.35

SOFO vs EBIXQ, WOWI, DUUO: Days Payable Comparison

For the Software - Application subindustry, Sonic Foundry'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.

Sonic Foundry Days Payable vs Software Industry

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

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


SOFO
12GF Score
Sonic Foundry Inc SOFO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonic Foundry 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.

Sonic Foundry's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1.904 + 2.094) / 2 ) / 9.255*365
=1.999 / 9.255*365
=78.84

Sonic Foundry's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.938 + 2.094) / 2 ) / 2.348*365 / 4
=2.016 / 2.348*365 / 4
=78.35

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 78.35 mean?
Sonic Foundry (SOFO) has a Days Payable of 78.35 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sonic Foundry and its competitors.
Is Sonic Foundry's Days Payable too high?
Sonic Foundry's current Days Payable is 78.35. The Software industry median Days Payable is 51.70. Sonic Foundry's value of 78.35 is 51.5% above this industry median. Overall, Sonic Foundry has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sonic Foundry's Days Payable compare to EBIXQ and WOWI?
Sonic Foundry's Days Payable of 78.35 can be compared against companies in the Software industry. The industry median Days Payable is 51.70. Sonic Foundry's value of 78.35 is 51.5% above this benchmark. 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 51.70, based on 2,603 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. Sonic Foundry's current Days Payable of 78.35 is 51.5% 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 Sonic Foundry and its competitors. For the Software industry, the median Days Payable is 51.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonic Foundry's current Days Payable is 78.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Foundry stock overvalued right now?
Sonic Foundry (SOFO) has a current Days Payable of 78.35. The current Days Payable is 78.35 and 51.5% above the Software industry median of 51.70. Sonic Foundry's overall GF Score™ is 12/100. 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 Sonic Foundry (SOFO), the current Days Payable is 78.35 as of Sep. 2023. 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.

Sonic Foundry Business Description

Address 222 W. Washington Avenue, Madison, WI, USA, 53703
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
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