SS&C Technologies Holdings (FRA:WGSA) Days Payable : 7.42 (As of Mar. 2024)

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What is SS&C Technologies Holdings Days Payable?

SS&C Technologies Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €54 Mil. SS&C Technologies Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €670 Mil. Hence, SS&C Technologies Holdings's Days Payable for the three months ended in Mar. 2024 was 7.42.

The historical rank and industry rank for SS&C Technologies Holdings's Days Payable or its related term are showing as below:

FRA:WGSA' s Days Payable Range Over the Past 10 Years
Min: 3.92 Med: 6.29 Max: 9.05
Current: 6.46

During the past 13 years, SS&C Technologies Holdings's highest Days Payable was 9.05. The lowest was 3.92. And the median was 6.29.

FRA:WGSA's Days Payable is ranked worse than
95.01% of 2524 companies
in the Software industry
Industry Median: 50.7 vs FRA:WGSA: 6.46

SS&C Technologies Holdings's Days Payable increased from Mar. 2023 (5.75) to Mar. 2024 (7.42). It may suggest that SS&C Technologies Holdings delayed paying its suppliers.

SS&C Technologies Holdings Days Payable Historical Data

The historical data trend for SS&C Technologies Holdings'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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SS&C Technologies Holdings Days Payable Chart

SS&C Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.40

4.86

3.79

5.04

8.40

SS&C Technologies Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															5.75	5.54	5.88	8.44	7.42

Competitive Comparison of SS&C Technologies Holdings's Days Payable

For the Software - Application subindustry, SS&C Technologies Holdings'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.

SS&C Technologies Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's Days Payable falls into.

SS&C Technologies Holdings 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.

SS&C Technologies Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (46.728	+	73.635)	/	2 )	/	2614.367	*	365
=	60.1815					/	2614.367	*	365
=	8.40

SS&C Technologies Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (73.635	+	35.236)	/	2 )	/	669.576	*	365 / 4
=	54.4355					/	669.576	*	365 / 4
=	7.42

SS&C Technologies Holdings Days Payable Related Terms

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SS&C Technologies Holdings (FRA:WGSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (FRA:WGSA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SSNC:USA SSNC:Mexico WGSA:Germany

Address

80 Lamberton Road, Windsor, CT, USA, 06095

Website

https://www.ssctech.com

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.

SS&C Technologies Holdings (FRA:WGSA) Headlines

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