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CCC Intelligent Solutions Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $20.0 Mil. CCC Intelligent Solutions Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $59.4 Mil. Hence, CCC Intelligent Solutions Holdings's Days Payable for the three months ended in Mar. 2024 was 30.77.
The historical rank and industry rank for CCC Intelligent Solutions Holdings's Days Payable or its related term are showing as below:
During the past 5 years, CCC Intelligent Solutions Holdings's highest Days Payable was 34.82. The lowest was 23.02. And the median was 29.45.
CCC Intelligent Solutions Holdings's Days Payable declined from Mar. 2023 (34.65) to Mar. 2024 (30.77). It may suggest that CCC Intelligent Solutions Holdings accelerated paying its suppliers.
The historical data trend for CCC Intelligent Solutions Holdings'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.
CCC Intelligent Solutions Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Days Payable | - | 23.02 | 24.33 | 34.56 | 34.82 |
CCC Intelligent Solutions Holdings Quarterly Data | ||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Payable | Get a 7-Day Free Trial | 34.65 | 26.92 | 29.34 | 28.19 | 30.77 |
For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.
For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where CCC Intelligent Solutions Holdings's Days Payable falls into.
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.
CCC Intelligent Solutions Holdings'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 |
= | ( (27.599 | + | 16.324) | / | 2 ) | / | 230.219 | * | 365 |
= | 21.9615 | / | 230.219 | * | 365 | ||||
= | 34.82 |
CCC Intelligent Solutions Holdings'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 |
= | ( (16.324 | + | 23.718) | / | 2 ) | / | 59.375 | * | 365 / 4 |
= | 20.021 | / | 59.375 | * | 365 / 4 | ||||
= | 30.77 |
* 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.
Thank you for viewing the detailed overview of CCC Intelligent Solutions Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Lauren Young | director | C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Advent International Corp/ma | director, 10 percent owner | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Eric Wei | director | C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Christopher Egan | director | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Advent International Gp, Llc | director, 10 percent owner | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Rodney Christo | officer: Chief Accounting Officer | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Brian Herb | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Eileen Schloss | director | C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003 |
Marc Fredman | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Mary Jo Prigge | officer: See Remarks | |
John Page Goodson | officer: Chief Technology Officer | 14 OAK PARK DRIVE, BEDFORD MA 01730 |
Michael John Silva | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
William Ingram | director | C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111 |
Cypress Investor Holdings, Lp | director, 10 percent owner | PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Oh Cypress Aggregator, L.p. | director | ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901 |
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