Fidelity National Information Services (Fidelity National Information Services) Days Payable

: 65.57 (As of Dec. 2023)

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Fidelity National Information Services's average Accounts Payable for the three months ended in Dec. 2023 was $1,103 Mil. Fidelity National Information Services's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,535 Mil. Hence, Fidelity National Information Services's Days Payable for the three months ended in Dec. 2023 was 65.57.

The historical rank and industry rank for Fidelity National Information Services's Days Payable or its related term are showing as below:

FIS' s Days Payable Range Over the Past 10 Years
Min: 22.5 Med: 44.26 Max: 103.74
Current: 78.17

During the past 13 years, Fidelity National Information Services's highest Days Payable was 103.74. The lowest was 22.50. And the median was 44.26.

FIS's Days Payable is ranked better than
62.18% of 2525 companies
in the Software industry
Industry Median: 51.49 vs FIS: 78.17

Fidelity National Information Services's Days Payable declined from Dec. 2022 (90.06) to Dec. 2023 (65.57). It may suggest that Fidelity National Information Services accelerated paying its suppliers.

Fidelity National Information Services Days Payable Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.23

64.75

103.74

71.99

40.27

Fidelity National Information Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																90.06	64.96	106.58	123.39	65.57

Competitive Comparison

For the Information Technology Services subindustry, Fidelity National Information Services'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.

Fidelity National Information Services Days Payable Distribution

For the Software industry and Technology sector, Fidelity National Information Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Days Payable falls into.

Fidelity National Information Services 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.

Fidelity National Information Services'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
=	( (623	+	733)	/	2 )	/	6145	*	365
=	678					/	6145	*	365
=	40.27

Fidelity National Information Services'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
=	( (1473	+	733)	/	2 )	/	1535	*	365 / 4
=	1103					/	1535	*	365 / 4
=	65.57

Fidelity National Information Services Days Payable Related Terms

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Fidelity National Information Services (Fidelity National Information Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fidelity National Information Services Inc (NYSE:FIS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FIS:Mexico ZGY:Germany F1NI34:Brazil

Address

347 Riverside Avenue, Jacksonville, FL, USA, 32202

Website

https://www.fisglobal.com

Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

Executives

Ellen R Alemany	director	ONE ADP BOULEVARD, ROSELAND NJ 07068
Jeffrey A Goldstein	director	HELLMAN & FRIEDMAN LLC, 375 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10152
James Kehoe	officer: Chief Financial Officer	KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Erik D Hoag	officer: CEVP Chief Financial Officer	347 RIVERSIDE AVE, JACKSONVILLE FL 32202
Stephanie Ferris	officer: COO	C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Brian T Shea	director	ONE PERSHING PLAZA, 95 CHRISTOPHER COLUMBUS DRIVE, JERSEY CITY NJ 07399
Stallings James B Jr	director	601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Vijay D'silva	director	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Louise M Parent	director	200 VESEY STREET, NEW YORK NY 10285
Kenneth T Lamneck	director	INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Mark D Benjamin	director	NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark A Ernst	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Gary Norcross	officer: Corporate EVP and COO	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
James W. Woodall	officer: SVP, CAO and Controller	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Keith W Hughes	director	2801 TURTLE CREEK BOULEVARD, #6W, DALLAS TX 75219