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WAY (Waystar Holding) Days Payable : 54.61 (As of Dec. 2024)


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What is Waystar Holding Days Payable?

Waystar Holding's average Accounts Payable for the three months ended in Dec. 2024 was $47.6 Mil. Waystar Holding's Cost of Goods Sold for the three months ended in Dec. 2024 was $79.5 Mil. Hence, Waystar Holding's Days Payable for the three months ended in Dec. 2024 was 54.61.

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

WAY' s Days Payable Range Over the Past 10 Years
Min: 53.44   Med: 53.72   Max: 83.75
Current: 54.15

During the past 4 years, Waystar Holding's highest Days Payable was 83.75. The lowest was 53.44. And the median was 53.72.

WAY's Days Payable is ranked worse than
53.45% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 57.14 vs WAY: 54.15

Waystar Holding's Days Payable declined from Dec. 2023 (61.77) to Dec. 2024 (54.61). It may suggest that Waystar Holding accelerated paying its suppliers.


Waystar Holding Days Payable Historical Data

The historical data trend for Waystar Holding'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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Waystar Holding Days Payable Chart

Waystar Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Payable
83.75 53.44 53.76 53.67

Waystar Holding Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.77 53.55 53.03 55.84 54.61

Competitive Comparison of Waystar Holding's Days Payable

For the Health Information Services subindustry, Waystar Holding'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.


Waystar Holding's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Days Payable distribution charts can be found below:

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


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Waystar Holding 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.

Waystar Holding'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
=( (45.484 + 47.365) / 2 ) / 315.73*365
=46.4245 / 315.73*365
=53.67

Waystar Holding'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
=( (47.84 + 47.365) / 2 ) / 79.542*365 / 4
=47.6025 / 79.542*365 / 4
=54.61

* 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.


Waystar Holding Days Payable Related Terms

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Waystar Holding Business Description

Traded in Other Exchanges
N/A
Address
1550 Digital Drive, Suite 300, Lehi, UT, USA, 84043
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.