Squarespace (Squarespace) Days Payable : 15.34 (As of Dec. 2023)

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What is Squarespace Days Payable?

Squarespace's average Accounts Payable for the three months ended in Dec. 2023 was $12 Mil. Squarespace's Cost of Goods Sold for the three months ended in Dec. 2023 was $70 Mil. Hence, Squarespace's Days Payable for the three months ended in Dec. 2023 was 15.34.

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

SQSP' s Days Payable Range Over the Past 10 Years
Min: 14.28 Med: 37.05 Max: 62.39
Current: 16.51

During the past 5 years, Squarespace's highest Days Payable was 62.39. The lowest was 14.28. And the median was 37.05.

SQSP's Days Payable is ranked worse than
84.27% of 2524 companies
in the Software industry
Industry Median: 50.7 vs SQSP: 16.51

Squarespace's Days Payable declined from Dec. 2022 (26.87) to Dec. 2023 (15.34). It may suggest that Squarespace accelerated paying its suppliers.

Squarespace Days Payable Historical Data

The historical data trend for Squarespace'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.

Squarespace Days Payable Chart

Squarespace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

14.28

37.05

62.39

47.25

22.73

Squarespace Quarterly Data
	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												26.87	19.89	11.12	13.53	15.34

Competitive Comparison of Squarespace's Days Payable

For the Software - Infrastructure subindustry, Squarespace'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.

Squarespace's Days Payable Distribution in the Software Industry

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

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

Squarespace 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.

Squarespace'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
=	( (12.987	+	12.863)	/	2 )	/	207.52	*	365
=	12.925					/	207.52	*	365
=	22.73

Squarespace'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
=	( (10.561	+	12.863)	/	2 )	/	69.65	*	365 / 4
=	11.712					/	69.65	*	365 / 4
=	15.34

Squarespace Days Payable Related Terms

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

Squarespace (Squarespace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Squarespace Inc (NYSE:SQSP) » Definitions » Days Payable

Comparable Companies

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Traded in Other Exchanges

S2QS34:Brazil

Address

225 Varick Street, 12th Floor, New York, NY, USA, 10014

Website

https://www.squarespace.com

Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.

Executives

Anthony Casalena	director, 10 percent owner, officer: Chief Executive Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Nathan Gooden	officer: Chief Financial Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
O'connor Courtenay	officer: General Counsel and Secretary	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
General Atlantic (sqrs) Lp	director, 10 percent owner	55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Paul Gubbay	officer: Chief Product Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Jonathan D Klein	director	C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Index Venture Growth Associates I Ltd	10 percent owner	5TH FLOOR, 44 ESPLANADE, ST HELIER, CHANNEL ISLANDS Y9 JE1 3FG
Index Ventures Growth I Parallel Entrepreneur Fund (jersey) L.p.	10 percent owner	NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Neela Montgomery	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Liza Landsman	director	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Anton J Levy	director	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Index Ventures Growth I (jersey) L.p.	10 percent owner	NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
(jersey) Slp Yucca	10 percent owner	NO. 1 SEATON PLACE, ST. HELIER Y9 Y9 JE48YJ
General Atlantic (spv) Gp, Llc	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055