FactSet Research Systems (FRA:FA1) Days Payable : 49.69 (As of Feb. 2024)

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What is FactSet Research Systems Days Payable?

FactSet Research Systems's average Accounts Payable for the three months ended in Feb. 2024 was €129 Mil. FactSet Research Systems's Cost of Goods Sold for the three months ended in Feb. 2024 was €237 Mil. Hence, FactSet Research Systems's Days Payable for the three months ended in Feb. 2024 was 49.69.

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

FRA:FA1' s Days Payable Range Over the Past 10 Years
Min: 27.4 Med: 37.65 Max: 45.49
Current: 45.49

During the past 13 years, FactSet Research Systems's highest Days Payable was 45.49. The lowest was 27.40. And the median was 37.65.

FRA:FA1's Days Payable is ranked worse than
61.9% of 525 companies
in the Capital Markets industry
Industry Median: 96.48 vs FRA:FA1: 45.49

FactSet Research Systems's Days Payable increased from Feb. 2023 (47.20) to Feb. 2024 (49.69). It may suggest that FactSet Research Systems delayed paying its suppliers.

FactSet Research Systems Days Payable Historical Data

The historical data trend for FactSet Research 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.

* Premium members only.

FactSet Research Systems Days Payable Chart

FactSet Research Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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41.00

43.77

38.85

38.19

44.72

FactSet Research Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															47.20	43.86	40.22	49.15	49.69

Competitive Comparison of FactSet Research Systems's Days Payable

For the Financial Data & Stock Exchanges subindustry, FactSet Research 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.

FactSet Research Systems's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Days Payable distribution charts can be found below:

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

FactSet Research 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.

FactSet Research Systems's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (106.986	+	111.705)	/	2 )	/	892.447	*	365
=	109.3455					/	892.447	*	365
=	44.72

FactSet Research Systems's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (138.776	+	118.8)	/	2 )	/	236.517	*	365 / 4
=	128.788					/	236.517	*	365 / 4
=	49.69

FactSet Research Systems Days Payable Related Terms

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FactSet Research Systems (FRA:FA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FactSet Research Systems Inc (FRA:FA1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FDS:USA FDS:Mexico

Address

45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850

Website

https://www.factset.com

FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

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