Enghouse Systems (TSX:ENGH) Days Payable : 145.53 (As of Jan. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Enghouse Systems Days Payable?

Enghouse Systems's average Accounts Payable for the three months ended in Jan. 2024 was C$66.3 Mil. Enghouse Systems's Cost of Goods Sold for the three months ended in Jan. 2024 was C$41.6 Mil. Hence, Enghouse Systems's Days Payable for the three months ended in Jan. 2024 was 145.53.

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

TSX:ENGH' s Days Payable Range Over the Past 10 Years
Min: 148.54 Med: 187.85 Max: 213.78
Current: 148.54

During the past 13 years, Enghouse Systems's highest Days Payable was 213.78. The lowest was 148.54. And the median was 187.85.

TSX:ENGH's Days Payable is ranked better than
77.52% of 2522 companies
in the Software industry
Industry Median: 50.7 vs TSX:ENGH: 148.54

Enghouse Systems's Days Payable declined from Jan. 2023 (155.23) to Jan. 2024 (145.53). It may suggest that Enghouse Systems accelerated paying its suppliers.

Enghouse Systems Days Payable Historical Data

The historical data trend for Enghouse Systems'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.

Enghouse Systems Days Payable Chart

Enghouse Systems Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

164.50

179.95

213.78

185.21

156.09

Enghouse Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															155.23	150.56	163.40	142.15	145.53

Competitive Comparison of Enghouse Systems's Days Payable

For the Software - Application subindustry, Enghouse Systems'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.

Enghouse Systems's Days Payable Distribution in the Software Industry

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

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

Enghouse Systems 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.

Enghouse Systems's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (60.525	+	67.769)	/	2 )	/	149.999	*	365
=	64.147					/	149.999	*	365
=	156.09

Enghouse Systems's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (67.769	+	64.862)	/	2 )	/	41.582	*	365 / 4
=	66.3155					/	41.582	*	365 / 4
=	145.53

Enghouse Systems Days Payable Related Terms

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

Enghouse Systems (TSX:ENGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Enghouse Systems Ltd (TSX:ENGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EGHSF:USA

Address

80 Tiverton Court, Suite 800, Markham, ON, CAN, L3R 0G4

Website

https://www.enghouse.com

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. It earns majority of its revenue from Interactive Management Group. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific and other.