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WTCHF (WiseTech Global) Days Payable : 155.16 (As of Dec. 2024)


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What is WiseTech Global Days Payable?

WiseTech Global's average Accounts Payable for the six months ended in Dec. 2024 was $48.5 Mil. WiseTech Global's Cost of Goods Sold for the six months ended in Dec. 2024 was $57.1 Mil. Hence, WiseTech Global's Days Payable for the six months ended in Dec. 2024 was 155.16.

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

WTCHF' s Days Payable Range Over the Past 10 Years
Min: 2.82   Med: 60.7   Max: 173.23
Current: 173.23

During the past 9 years, WiseTech Global's highest Days Payable was 173.23. The lowest was 2.82. And the median was 60.70.

WTCHF's Days Payable is ranked better than
80.85% of 2553 companies
in the Software industry
Industry Median: 51.44 vs WTCHF: 173.23

WiseTech Global's Days Payable increased from Dec. 2023 (146.48) to Dec. 2024 (155.16). It may suggest that WiseTech Global delayed paying its suppliers.


WiseTech Global Days Payable Historical Data

The historical data trend for WiseTech Global'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.

WiseTech Global Days Payable Chart

WiseTech Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only 60.81 111.29 161.65 137.83 108.99

WiseTech Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.89 200.91 146.48 164.41 155.16

Competitive Comparison of WiseTech Global's Days Payable

For the Software - Application subindustry, WiseTech Global'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.


WiseTech Global's Days Payable Distribution in the Software Industry

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

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


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WiseTech Global 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.

WiseTech Global's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (31.971 + 34.489) / 2 ) / 111.288*365
=33.23 / 111.288*365
=108.99

WiseTech Global'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: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (34.489 + 62.6) / 2 ) / 57.1*365 / 2
=48.5445 / 57.1*365 / 2
=155.16

* 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.


WiseTech Global Days Payable Related Terms

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


WiseTech Global Business Description

Traded in Other Exchanges
Address
72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015
WiseTech is a founder-led logistics software company. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.