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CSG Systems International (FRA:CSN) Days Payable : 26.01 (As of Mar. 2024)


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What is CSG Systems International Days Payable?

CSG Systems International's average Accounts Payable for the three months ended in Mar. 2024 was €41 Mil. CSG Systems International's Cost of Goods Sold for the three months ended in Mar. 2024 was €145 Mil. Hence, CSG Systems International's Days Payable for the three months ended in Mar. 2024 was 26.01.

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

FRA:CSN' s Days Payable Range Over the Past 10 Years
Min: 21.31   Med: 30.47   Max: 38.66
Current: 24.44

During the past 13 years, CSG Systems International's highest Days Payable was 38.66. The lowest was 21.31. And the median was 30.47.

FRA:CSN's Days Payable is ranked worse than
73.74% of 2529 companies
in the Software industry
Industry Median: 50.36 vs FRA:CSN: 24.44

CSG Systems International's Days Payable increased from Mar. 2023 (24.83) to Mar. 2024 (26.01). It may suggest that CSG Systems International delayed paying its suppliers.


CSG Systems International Days Payable Historical Data

The historical data trend for CSG Systems International'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.

CSG Systems International Days Payable Chart

CSG Systems International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.77 22.37 21.20 26.13 28.35

CSG Systems International 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 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 24.83 22.49 23.90 26.29 26.01

Competitive Comparison of CSG Systems International's Days Payable

For the Software - Infrastructure subindustry, CSG Systems International'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.


CSG Systems International's Days Payable Distribution in the Software Industry

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

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



CSG Systems International 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.

CSG Systems International'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
=( (45.048 + 42.554) / 2 ) / 563.994*365
=43.801 / 563.994*365
=28.35

CSG Systems International'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
=( (42.554 + 40.267) / 2 ) / 145.256*365 / 4
=41.4105 / 145.256*365 / 4
=26.01

* 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.


CSG Systems International Days Payable Related Terms

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CSG Systems International (FRA:CSN) Business Description

Traded in Other Exchanges
Address
169 Inverness Dr W, Suite 300, Englewood, CO, USA, 80111
CSG Systems International Inc is a purpose-driven, SaaS platform company that enables companies in a wide variety of industry verticals to tackle the growing complexity of business in the digital age. The company's cloud-first architecture and customer-centric approach empower companies to deliver unforgettable experiences for B2B (business-to-business), B2C (business-to-consumer), and B2B2X (business-to-business-to-consumer) customers, making it easier for people and businesses to connect to, use and pay for the services the company offers. The company operates in one segment i.e. Solutions and Services. Geographically, the company generates revenue from Americas (principally the U.S.).

CSG Systems International (FRA:CSN) Headlines

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