Guidewire Software Inc (GWRE)
Number of days of payables
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 25.33 | 50.95 | 32.54 | 35.28 | 40.73 | 23.61 | 23.47 | 21.89 | 19.83 | 19.44 | 24.62 | 28.62 | 24.77 | 23.64 | 25.34 | 26.51 | 28.07 | 26.52 | 28.64 | 17.60 | |
| Number of days of payables | days | 14.41 | 7.16 | 11.22 | 10.34 | 8.96 | 15.46 | 15.55 | 16.67 | 18.41 | 18.77 | 14.83 | 12.75 | 14.74 | 15.44 | 14.40 | 13.77 | 13.00 | 13.76 | 12.74 | 20.74 |
October 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 25.33
= 14.41
Guidewire Software Inc's number of days of payables has shown some fluctuations over the years based on the provided data. The trend indicates that the company takes, on average, around 10 to 20 days to pay its suppliers.
- The number of days of payables decreased from 20.74 days on January 31, 2020, to 7.16 days on July 31, 2024, showcasing efficient management of payables during this period.
- However, the number of days of payables slightly increased to 14.41 days on October 31, 2024, indicating a possible extension in payment terms or slower processing of payables compared to the previous quarter.
- It is essential to monitor this ratio to ensure that the company maintains a balance in managing its accounts payable efficiently while also sustaining good relationships with its suppliers.
Peer comparison
Oct 31, 2024