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DXC Technology Co (XTER:2XT) Days Payable : 25.99 (As of Dec. 2023)


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What is DXC Technology Co Days Payable?

DXC Technology Co's average Accounts Payable for the three months ended in Dec. 2023 was €688 Mil. DXC Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €2,417 Mil. Hence, DXC Technology Co's Days Payable for the three months ended in Dec. 2023 was 25.99.

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

XTER:2XT' s Days Payable Range Over the Past 10 Years
Min: 20.42   Med: 24.97   Max: 39.98
Current: 26.01

During the past 13 years, DXC Technology Co's highest Days Payable was 39.98. The lowest was 20.42. And the median was 24.97.

XTER:2XT's Days Payable is ranked worse than
72.33% of 2523 companies
in the Software industry
Industry Median: 51.26 vs XTER:2XT: 26.01

DXC Technology Co's Days Payable declined from Dec. 2022 (28.83) to Dec. 2023 (25.99). It may suggest that DXC Technology Co accelerated paying its suppliers.


DXC Technology Co Days Payable Historical Data

The historical data trend for DXC Technology Co'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.

DXC Technology Co Days Payable Chart

DXC Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.27 39.52 34.15 24.25 25.94

DXC Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.83 27.34 25.04 22.67 25.99

Competitive Comparison of DXC Technology Co's Days Payable

For the Information Technology Services subindustry, DXC Technology Co'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.


DXC Technology Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where DXC Technology Co's Days Payable falls into.



DXC Technology Co 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.

DXC Technology Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (762.72 + 730.388) / 2 ) / 10503.764*365
=746.554 / 10503.764*365
=25.94

DXC Technology Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (579.066 + 797.79) / 2 ) / 2417.212*365 / 4
=688.428 / 2417.212*365 / 4
=25.99

* 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.


DXC Technology Co Days Payable Related Terms

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DXC Technology Co (XTER:2XT) Business Description

Traded in Other Exchanges
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

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