Verint Systems (STU:VTY) Days Payable : 30.20 (As of Jan. 2024)

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What is Verint Systems Days Payable?

Verint Systems's average Accounts Payable for the three months ended in Jan. 2024 was €22.6 Mil. Verint Systems's Cost of Goods Sold for the three months ended in Jan. 2024 was €68.2 Mil. Hence, Verint Systems's Days Payable for the three months ended in Jan. 2024 was 30.20.

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

STU:VTY' s Days Payable Range Over the Past 10 Years
Min: 42.5 Med: 59.39 Max: 85.94
Current: 42.5

During the past 13 years, Verint Systems's highest Days Payable was 85.94. The lowest was 42.50. And the median was 59.39.

STU:VTY's Days Payable is ranked worse than
55.28% of 2536 companies
in the Software industry
Industry Median: 50.42 vs STU:VTY: 42.50

Verint Systems's Days Payable declined from Jan. 2023 (56.25) to Jan. 2024 (30.20). It may suggest that Verint Systems accelerated paying its suppliers.

Verint Systems Days Payable Historical Data

The historical data trend for Verint Systems'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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Verint Systems Days Payable Chart

Verint Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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84.74

72.38

44.28

50.26

46.37

Verint Systems 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															56.25	52.21	46.07	38.94	30.20

Competitive Comparison of Verint Systems's Days Payable

For the Software - Infrastructure subindustry, Verint Systems'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.

Verint Systems's Days Payable Distribution in the Software Industry

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

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

Verint Systems 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.

Verint Systems'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
=	( (40.49	+	24.144)	/	2 )	/	254.389	*	365
=	32.317					/	254.389	*	365
=	46.37

Verint Systems'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
=	( (20.997	+	24.144)	/	2 )	/	68.203	*	365 / 4
=	22.5705					/	68.203	*	365 / 4
=	30.20

Verint Systems Days Payable Related Terms

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Verint Systems (STU:VTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verint Systems Inc (STU:VTY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VRNT:USA VTY:Germany

Address

175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747

Website

https://www.verint.com

Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.

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