Axway Software (STU:1XV) Days Payable : 10.73 (As of Dec. 2023)

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What is Axway Software Days Payable?

Axway Software's average Accounts Payable for the six months ended in Dec. 2023 was €7.1 Mil. Axway Software's Cost of Goods Sold for the six months ended in Dec. 2023 was €121.3 Mil. Hence, Axway Software's Days Payable for the six months ended in Dec. 2023 was 10.73.

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

STU:1XV' s Days Payable Range Over the Past 10 Years
Min: 4.06 Med: 12.36 Max: 26.28
Current: 10.03

During the past 13 years, Axway Software's highest Days Payable was 26.28. The lowest was 4.06. And the median was 12.36.

STU:1XV's Days Payable is ranked worse than
91.36% of 2536 companies
in the Software industry
Industry Median: 50.01 vs STU:1XV: 10.03

Axway Software's Days Payable increased from Dec. 2022 (8.54) to Dec. 2023 (10.73). It may suggest that Axway Software delayed paying its suppliers.

Axway Software Days Payable Historical Data

The historical data trend for Axway Software'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.

Axway Software Days Payable Chart

Axway Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

11.40

10.02

4.55

4.06

5.53

Axway Software Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															9.99	12.52	8.54	14.55	10.73

Competitive Comparison of Axway Software's Days Payable

For the Software - Application subindustry, Axway Software'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.

Axway Software's Days Payable Distribution in the Software Industry

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

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

Axway Software 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.

Axway Software'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
=	( (2.606	+	3.59)	/	2 )	/	204.535	*	365
=	3.098					/	204.535	*	365
=	5.53

Axway Software'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.67	+	3.59)	/	2 )	/	121.285	*	365 / 2
=	7.13					/	121.285	*	365 / 2
=	10.73

Axway Software Days Payable Related Terms

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Axway Software (STU:1XV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Axway Software (STU:1XV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AXW:France

Address

16220 N Scottsdale Road, Suite 500, Scottsdale, AZ, USA, 85254

Website

https://www.axway.com

Axway Software is a France-based company involved in the Software Application division. The business activity of the group includes publishing, sale, distribution, installation and maintenance of software packages; design and development of software programme, the sale of IT systems and hardware, and provides related services, training, consultancy, and hosting. The company's core product, named AMPLIFY, is a cloud-enabled data integration and engagement platform, which enables businesses to manage the customer experience networks. Geographically, the business presence of the firm is seen across the region of Rest of Europe, Americas, France, and Asia Pacific region.

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