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DocuSign (DocuSign) Days Payable

: 10.43 (As of Jan. 2024)
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DocuSign's average Accounts Payable for the three months ended in Jan. 2024 was $17 Mil. DocuSign's Cost of Goods Sold for the three months ended in Jan. 2024 was $148 Mil. Hence, DocuSign's Days Payable for the three months ended in Jan. 2024 was 10.43.

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

DOCU' s Days Payable Range Over the Past 10 Years
Min: 10.03   Med: 35.82   Max: 66.35
Current: 10.03

During the past 9 years, DocuSign's highest Days Payable was 66.35. The lowest was 10.03. And the median was 35.82.

DOCU's Days Payable is ranked worse than
91.84% of 2523 companies
in the Software industry
Industry Median: 51.49 vs DOCU: 10.03

DocuSign's Days Payable declined from Jan. 2023 (23.76) to Jan. 2024 (10.43). It may suggest that DocuSign accelerated paying its suppliers.


DocuSign Days Payable Historical Data

The historical data trend for DocuSign'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.

DocuSign Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.82 32.84 35.28 26.28 13.84

DocuSign Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 23.76 13.06 6.42 6.59 10.43

Competitive Comparison

For the Software - Application subindustry, DocuSign'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.


DocuSign Days Payable Distribution

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

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



DocuSign 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.

DocuSign'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
=( (24.393 + 19.029) / 2 ) / 572.621*365
=21.711 / 572.621*365
=13.84

DocuSign'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
=( (14.787 + 19.029) / 2 ) / 147.907*365 / 4
=16.908 / 147.907*365 / 4
=10.43

* 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.


DocuSign Days Payable Related Terms

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DocuSign (DocuSign) Business Description

Traded in Other Exchanges
Address
221 Main Street, Suite 1550, San Francisco, CA, USA, 94105
DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
Executives
Allan C. Thygesen director, officer: President and CEO 20 DAVIS DRIVE, BELMONT CA 94002
Stephen Shute officer: President, Field Operations 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Blake Jeffrey Grayson officer: Chief Financial Officer 2212 EVERETT AVENUE E, SEATTLE WA 98102
Teresa Briggs director 2225 LAWSON LANE, SANTA CLARA CA 95054
James P Shaughnessy officer: Chief Legal Officer 4460 HACIENDA DR., PLEASANTON CA 94588
Daniel D. Springer director, officer: President and CEO C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Anna Marrs director 200 VESEY STREET, NEW YORK NY 10285
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Robert Chatwani officer: President General Mgr, Growth 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Inhi Cho Suh officer: President, Product Engineering C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1000, SAN FRANCISCO CA 94105
Scott V. Olrich officer: Chief Strategy and Marketing C/O DOCUSIGN, INC., 221 MAIN ST., SUITE 1000, SAN FRANCISCO CA 94105
Cynthia Gaylor director C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Tram T Phi officer: SVP, General Counsel C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Peter Solvik director 2105 SOUTH BASCOM AVE. #370, CAMPBELL CA 95008
Loren Alhadeff officer: Chief Revenue Officer C/O DOCUSIGN, INC., SUITE 1000, SAN FRANCISCO CA 94105