Guidewire Software (Guidewire Software) Days Payable

: 19.09 (As of Jan. 2024)

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Guidewire Software's average Accounts Payable for the three months ended in Jan. 2024 was $20.6 Mil. Guidewire Software's Cost of Goods Sold for the three months ended in Jan. 2024 was $98.5 Mil. Hence, Guidewire Software's Days Payable for the three months ended in Jan. 2024 was 19.09.

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

GWRE' s Days Payable Range Over the Past 10 Years
Min: 16.6 Med: 26.57 Max: 36.51
Current: 26.71

During the past 13 years, Guidewire Software's highest Days Payable was 36.51. The lowest was 16.60. And the median was 26.57.

GWRE's Days Payable is ranked worse than
71.33% of 2522 companies
in the Software industry
Industry Median: 51.51 vs GWRE: 26.71

Guidewire Software's Days Payable declined from Jan. 2023 (33.30) to Jan. 2024 (19.09). It may suggest that Guidewire Software accelerated paying its suppliers.

Guidewire Software Days Payable Historical Data

The historical data trend for Guidewire Software'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.

Guidewire Software Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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36.51

30.72

26.04

28.61

30.64

Guidewire Software Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															33.30	30.93	30.14	25.82	19.09

Competitive Comparison

For the Software - Application subindustry, Guidewire Software'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.

Guidewire Software Days Payable Distribution

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

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

Guidewire Software 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.

Guidewire Software's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (40.44	+	34.627)	/	2 )	/	447.13	*	365
=	37.5335					/	447.13	*	365
=	30.64

Guidewire Software'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
=	( (19.21	+	21.999)	/	2 )	/	98.491	*	365 / 4
=	20.6045					/	98.491	*	365 / 4
=	19.09

Guidewire Software Days Payable Related Terms

Thank you for viewing the detailed overview of Guidewire Software's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guidewire Software (Guidewire Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guidewire Software Inc (NYSE:GWRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0GS:Germany 0GS:Germany

Address

970 Park Pl., Suite 200, San Mateo, CA, USA, 94403

Website

https://www.guidewire.com

Guidewire Software provides software solutions for property and casualty insurers. Flagship product InsuranceSuite is an on-premises system of record and comprises ClaimCenter, a claims management system; PolicyCenter, a policy management system including policy definitions, quotas, issuance, maintenance, and renewal; and BillingCenter, for billing management, payment plans, and agent commissions. The company also offers InsuranceNow, a cloud-based offering, as well as a variety of other add-on applications.

Executives

Jeffrey Elliott Cooper	officer: Interim CFO	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
James Winston King	officer: Chief Admin Officer, Gen Couns	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Priscilla Hung	officer: PRESIDENT & COO	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
John P Mullen	officer: President & CRO	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael George Rosenbaum	director, officer: Chief Executive Officer	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
David S Bauer	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Brown Andrew William Fraser	director	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Marcus Ryu	director	2850 S DELAWARE STREET, SUITE 400, SAN MATEO CA 94403
Michael C Keller	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S. DELAWARE ST. STE 400, SAN MATEO CA 94403
Michael Polelle	officer: Chief Delivery Officer	2850 S DELAWARE STREET, SUITE 400, SAN MATEO CA 94403
Rajani Ramanathan	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Odowd Frank E Jr	officer: Chief Sales Officer	GUIDEWIRE SOFTWARE, INC., 2850 S. DELAWARE ST. STE 400, SAN MATEO CA 94403
Paul Lavin	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S. DELAWARE STREET, SUITE 400, SAN MATEO CA 94403
Steven P. Sherry	officer: Chief Sales Officer	GUIDEWIRE SOFTWARE, INC., 2850 S. DELAWARE STREET, SUITE 400, SAN MATEO CA 94403
Margaret Dillon	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 DELAWARE ST. STE 400, SAN MATEO CA 94403