Alight (Alight) Days Payable : 67.32 (As of Dec. 2023)

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What is Alight Days Payable?

Alight's average Accounts Payable for the three months ended in Dec. 2023 was $436 Mil. Alight's Cost of Goods Sold for the three months ended in Dec. 2023 was $591 Mil. Hence, Alight's Days Payable for the three months ended in Dec. 2023 was 67.32.

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

ALIT' s Days Payable Range Over the Past 10 Years
Min: 68.76 Med: 77.54 Max: 88.57
Current: 68.76

During the past 6 years, Alight's highest Days Payable was 88.57. The lowest was 68.76. And the median was 77.54.

ALIT's Days Payable is ranked better than
58.48% of 2524 companies
in the Software industry
Industry Median: 50.7 vs ALIT: 68.76

Alight's Days Payable declined from Dec. 2022 (69.35) to Dec. 2023 (67.32). It may suggest that Alight accelerated paying its suppliers.

Alight Days Payable Historical Data

The historical data trend for Alight'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.

Alight Days Payable Chart

Alight Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.57

76.99

78.09

76.54

Alight Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												69.35	71.54	62.99	65.16	67.32

Competitive Comparison of Alight's Days Payable

For the Software - Application subindustry, Alight'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.

Alight's Days Payable Distribution in the Software Industry

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

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

Alight 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.

Alight'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
=	( (508	+	444)	/	2 )	/	2270	*	365
=	476					/	2270	*	365
=	76.54

Alight'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
=	( (428	+	444)	/	2 )	/	591	*	365 / 4
=	436					/	591	*	365 / 4
=	67.32

Alight Days Payable Related Terms

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

Alight (Alight) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

A9L0:Germany

Address

4 Overlook Point, Lincolnshire, IL, USA, 60069

Website

https://www.alight.com

Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.

Executives

Richard N Massey	director, officer: Chief Executive Officer	900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Blackstone Management Associates Vii Nq L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 1 L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Gregory A. George	officer: Chief Commercial Officer	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Kausik Rajgopal	director	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Lenore D Williams	director	601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Martin Felli	officer: See Remarks	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Bx Tempo Ml Holdco 1 Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii.2 (ipo) Nq L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii Nq L.p.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Foley William P Ii	director	FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204