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Consensus Cloud Solutions (Consensus Cloud Solutions) Days Payable : 46.06 (As of Dec. 2023)


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What is Consensus Cloud Solutions Days Payable?

Consensus Cloud Solutions's average Accounts Payable for the three months ended in Dec. 2023 was $8.4 Mil. Consensus Cloud Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $16.7 Mil. Hence, Consensus Cloud Solutions's Days Payable for the three months ended in Dec. 2023 was 46.06.

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

CCSI' s Days Payable Range Over the Past 10 Years
Min: 32.97   Med: 118.63   Max: 822.01
Current: 120.74

During the past 6 years, Consensus Cloud Solutions's highest Days Payable was 822.01. The lowest was 32.97. And the median was 118.63.

CCSI's Days Payable is ranked better than
73.61% of 2524 companies
in the Software industry
Industry Median: 50.7 vs CCSI: 120.74

Consensus Cloud Solutions's Days Payable declined from Dec. 2022 (195.82) to Dec. 2023 (46.06). It may suggest that Consensus Cloud Solutions accelerated paying its suppliers.


Consensus Cloud Solutions Days Payable Historical Data

The historical data trend for Consensus Cloud Solutions'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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Consensus Cloud Solutions Days Payable Chart

Consensus Cloud Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 822.01 497.04 118.63 32.97 43.13

Consensus Cloud Solutions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195.82 157.90 237.67 115.18 46.06

Competitive Comparison of Consensus Cloud Solutions's Days Payable

For the Software - Infrastructure subindustry, Consensus Cloud Solutions'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.


Consensus Cloud Solutions's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Consensus Cloud Solutions's Days Payable falls into.



Consensus Cloud Solutions 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.

Consensus Cloud Solutions'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
=( (6.288 + 9.858) / 2 ) / 68.319*365
=8.073 / 68.319*365
=43.13

Consensus Cloud Solutions'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
=( (7.012 + 9.858) / 2 ) / 16.712*365 / 4
=8.435 / 16.712*365 / 4
=46.06

* 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.


Consensus Cloud Solutions Days Payable Related Terms

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Consensus Cloud Solutions (Consensus Cloud Solutions) Business Description

Traded in Other Exchanges
N/A
Address
700 South Flower Street, 15th Floor, Los Angeles, CA, USA, 90017
Consensus Cloud Solutions Inc is a provider of secure information delivery services with a scalable Software-as-a-Service SaaS platform. It is engaged in fax cloud. Geographically, it derives a maximum revenue from the United States.
Executives
James C Malone officer: Chief Financial Officer 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Elaine Healy director
Douglas Y Bech director C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028
Pamela Sutton-wallace director 197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302
Steve Emberland officer: Vice President, Controller 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
John Nebergall officer: Chief Operating Officer 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
Nathaniel Simmons director 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
Jeffrey Alan Sullivan officer: Chief Technology Officer 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
R Scott Turicchi director, officer: CEO & CFO C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeremy Rossen director, officer: President ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011
Stephen Ross director
J2 Global, Inc. 10 percent owner 114 5TH AVENUE, NEW YORK NY 10011
Vithya Aubee director, officer: VP & Secretary 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017