Insperity (Insperity) Days Payable : 0.52 (As of Mar. 2024)

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What is Insperity Days Payable?

Insperity's average Accounts Payable for the three months ended in Mar. 2024 was $8 Mil. Insperity's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,457 Mil. Hence, Insperity's Days Payable for the three months ended in Mar. 2024 was 0.52.

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

NSP' s Days Payable Range Over the Past 10 Years
Min: 0.52 Med: 0.7 Max: 0.99
Current: 0.54

During the past 13 years, Insperity's highest Days Payable was 0.99. The lowest was 0.52. And the median was 0.70.

NSP's Days Payable is ranked worse than
98.81% of 924 companies
in the Business Services industry
Industry Median: 47.08 vs NSP: 0.54

Insperity's Days Payable declined from Mar. 2023 (0.55) to Mar. 2024 (0.52). It may suggest that Insperity accelerated paying its suppliers.

Insperity Days Payable Historical Data

The historical data trend for Insperity'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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Insperity Days Payable Chart

Insperity Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.77

0.56

0.55

0.52

0.62

Insperity 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															0.55	0.55	0.49	0.60	0.52

Competitive Comparison of Insperity's Days Payable

For the Staffing & Employment Services subindustry, Insperity'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.

Insperity's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Insperity's Days Payable distribution charts can be found below:

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

Insperity 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.

Insperity'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
=	( (7.732	+	10.693)	/	2 )	/	5449.068	*	365
=	9.2125					/	5449.068	*	365
=	0.62

Insperity'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
=	( (10.693	+	6)	/	2 )	/	1457	*	365 / 4
=	8.3465					/	1457	*	365 / 4
=	0.52

Insperity Days Payable Related Terms

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Insperity (Insperity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Insperity Inc (NYSE:NSP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASF:Germany

Address

19001 Crescent Springs Drive, Kingwood, TX, USA, 77339

Website

https://www.insperity.com

Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.

Executives

Ellen H Masterson	director	P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson	director, officer: President	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe	officer: EVP of Client Services and COO	19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi	director, officer: Chairman of the Board & CEO	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink	officer: SVP Legal, Gen Counsel & Sec	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison	officer: SVP of Gross Profit Operations	C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy	director	911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp	officer: SVP Finance, CFO & Treasurer	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks	officer: EVP of Sales & Marketing	C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl	director	8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand	director	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau	director	19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young	director	6200 ARNOT, HOUSTON TX 77007