Ribbon Communications (STU:NU42) Days Payable : 66.51 (As of Dec. 2024)

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What is Ribbon Communications Days Payable?

Ribbon Communications's average Accounts Payable for the three months ended in Dec. 2024 was €77.5 Mil. Ribbon Communications's Cost of Goods Sold for the three months ended in Dec. 2024 was €106.3 Mil. Hence, Ribbon Communications's Days Payable for the three months ended in Dec. 2024 was 66.51.

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

STU:NU42' s Days Payable Range Over the Past 10 Years
Min: 26.79 Med: 72.66 Max: 84.07
Current: 70.9

During the past 13 years, Ribbon Communications's highest Days Payable was 84.07. The lowest was 26.79. And the median was 72.66.

STU:NU42's Days Payable is ranked better than
59.7% of 2551 companies
in the Software industry
Industry Median: 50.93 vs STU:NU42: 70.90

Ribbon Communications's Days Payable declined from Dec. 2023 (70.01) to Dec. 2024 (66.51). It may suggest that Ribbon Communications accelerated paying its suppliers.

Ribbon Communications Days Payable Historical Data

The historical data trend for Ribbon Communications'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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Ribbon Communications Days Payable Chart

Ribbon Communications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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45.41

71.12

81.42

80.20

78.45

Ribbon Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															70.01	78.93	62.85	65.87	66.51

Competitive Comparison of Ribbon Communications's Days Payable

For the Software - Application subindustry, Ribbon Communications'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.

Ribbon Communications's Days Payable Distribution in the Software Industry

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

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

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Ribbon Communications 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.

Ribbon Communications's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (78.095	+	83.81)	/	2 )	/	376.622	*	365
=	80.9525					/	376.622	*	365
=	78.45

Ribbon Communications's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (71.124	+	83.81)	/	2 )	/	106.278	*	365 / 4
=	77.467					/	106.278	*	365 / 4
=	66.51

Ribbon Communications Days Payable Related Terms

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Ribbon Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ribbon Communications Inc (STU:NU42) » Definitions » Days Payable

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RBBN:USA

Address

6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023

Website

https://www.ribboncommunications.com

Ribbon Communications Inc provides network solutions to service providers and enterprises. The company enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. The company has two separate lines of business; the Cloud and Edge segment, and the IP Optical Networks segment. The majority of the revenue for the company is generated from its Cloud and Edge segment that provides secure and reliable software and hardware products, solutions, and services for VoIP communications, Voice Over LTE among others to service providers and enterprise customers. The company generates majority of its revenue from United States.

Ribbon Communications Headlines

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