Appian (Appian) Days Payable : 16.13 (As of Dec. 2023)

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What is Appian Days Payable?

Appian's average Accounts Payable for the three months ended in Dec. 2023 was $6.1 Mil. Appian's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.3 Mil. Hence, Appian's Days Payable for the three months ended in Dec. 2023 was 16.13.

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

APPN' s Days Payable Range Over the Past 10 Years
Min: 15.31 Med: 19.82 Max: 31.11
Current: 15.84

During the past 10 years, Appian's highest Days Payable was 31.11. The lowest was 15.31. And the median was 19.82.

APPN's Days Payable is ranked worse than
85.06% of 2523 companies
in the Software industry
Industry Median: 51.26 vs APPN: 15.84

Appian's Days Payable declined from Dec. 2022 (16.94) to Dec. 2023 (16.13). It may suggest that Appian accelerated paying its suppliers.

Appian Days Payable Historical Data

The historical data trend for Appian'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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Appian Days Payable Chart

Appian Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.14

16.84

15.31

18.84

18.04

Appian 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															16.94	15.00	13.59	16.52	16.13

Competitive Comparison of Appian's Days Payable

For the Software - Infrastructure subindustry, Appian'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.

Appian's Days Payable Distribution in the Software Industry

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

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

Appian 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.

Appian'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
=	( (7.997	+	6.174)	/	2 )	/	143.322	*	365
=	7.0855					/	143.322	*	365
=	18.04

Appian'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
=	( (5.956	+	6.174)	/	2 )	/	34.315	*	365 / 4
=	6.065					/	34.315	*	365 / 4
=	16.13

Appian Days Payable Related Terms

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Appian (Appian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appian Corp (NAS:APPN) » Definitions » Days Payable

Comparable Companies

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Traded in Other Exchanges

910:Germany 910:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22102

Website

https://www.appian.com

Appian is a low-code enterprise platform-as-a-service company focusing on business process management. The Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. Capabilities include case management, robotic process automation, artificial intelligence, data fabric, and process mining. Most of Appian's revenue is subscription based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform, Appian Cloud.

Executives

Abdiel Qualified Master Fund Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Christopher M Jones	officer: Chief Revenue Officer	935 STEWART DR, SUNNYVALE CA 94085
Mark Matheos	officer: Chief Accounting Officer	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher Winters	officer: General Counsel	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Abdiel Partners, Llc	10 percent owner	C/O ABDIEL CAPITAL, 90 PARK AVENUE, FLOOR 29, NEW YORK NY 10016
Shirley Ann Edwards	director	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Mark Steven Lynch	officer: Chief Financial Officer	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Pavel Zamudio-ramirez	officer: Chief Customer Officer	7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Robert Charles Kramer	director, officer: General Manager	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
William D. Mccarthy	director	3111 CORONADO DRIVE, C/O INFOBLOX INC., SANTA CLARA CA 95054
Eric Calvin Cross	officer: Chief Revenue Officer	C/O APPIAN CORPORATION, 7950 JONES BRANCH DRIVE, TYSONS VA 22102
Biddle Albert G.w. Iii	director, 10 percent owner	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael G Devine	director	6480 DOBBIN ROAD, COLUMBIA MD 21045
Prashanth Boccassam	director	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael J. Mulligan	director	11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190