GURUFOCUS.COM » STOCK LIST » Technology » Software » Splunk Inc (XSWX:SPLK) » Definitions » Days Payable

Splunk (XSWX:SPLK) Days Payable : 8.21 (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Splunk Days Payable?

Splunk's average Accounts Payable for the three months ended in Jan. 2024 was CHF17 Mil. Splunk's Cost of Goods Sold for the three months ended in Jan. 2024 was CHF192 Mil. Hence, Splunk's Days Payable for the three months ended in Jan. 2024 was 8.21.

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

XSWX:SPLK' s Days Payable Range Over the Past 10 Years
Min: 8.24   Med: 14.62   Max: 17.04
Current: 8.24

During the past 13 years, Splunk's highest Days Payable was 17.04. The lowest was 8.24. And the median was 14.62.

XSWX:SPLK's Days Payable is not ranked
in the Software industry.
Industry Median: 50.275 vs XSWX:SPLK: 8.24

Splunk's Days Payable increased from Jan. 2023 (7.81) to Jan. 2024 (8.21). It may suggest that Splunk delayed paying its suppliers.


Splunk Days Payable Historical Data

The historical data trend for Splunk'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.

Splunk Days Payable Chart

Splunk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 10.01 16.96 16.59 10.95

Splunk 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 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 Premium Member Only Premium Member Only 7.81 6.73 8.94 6.64 8.21

Competitive Comparison of Splunk's Days Payable

For the Software - Infrastructure subindustry, Splunk'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.


Splunk's Days Payable Distribution in the Software Industry

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

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



Splunk 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.

Splunk's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (14.138 + 29.824) / 2 ) / 732.523*365
=21.981 / 732.523*365
=10.95

Splunk'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
=( (4.723 + 29.824) / 2 ) / 192.054*365 / 4
=17.2735 / 192.054*365 / 4
=8.21

* 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.


Splunk Days Payable Related Terms

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


Splunk (XSWX:SPLK) Business Description

Traded in Other Exchanges
Address
270 Brannan Street, San Francisco, CA, USA, 94107
Splunk is a cloud-first software company that focuses on analyzing machine data. The company is a major player in two markets: security, and full-stack monitoring and analysis. The San Francisco-based firm focuses on enterprise clients, with more than 90% of the Fortune 100 using its solutions. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.