BILL Holdings (STU:0M5) Days Payable : 12.91 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is BILL Holdings Days Payable?

BILL Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €7 Mil. BILL Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €51 Mil. Hence, BILL Holdings's Days Payable for the three months ended in Mar. 2024 was 12.91.

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

STU:0M5' s Days Payable Range Over the Past 10 Years
Min: 13.07 Med: 40.19 Max: 46.37
Current: 13.07

During the past 6 years, BILL Holdings's highest Days Payable was 46.37. The lowest was 13.07. And the median was 40.19.

STU:0M5's Days Payable is ranked worse than
88.18% of 2529 companies
in the Software industry
Industry Median: 50.36 vs STU:0M5: 13.07

BILL Holdings's Days Payable declined from Mar. 2023 (22.00) to Mar. 2024 (12.91). It may suggest that BILL Holdings accelerated paying its suppliers.

BILL Holdings Days Payable Historical Data

The historical data trend for BILL 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.

* Premium members only.

BILL Holdings Days Payable Chart

BILL Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

45.96

42.12

46.13

25.67

17.61

BILL Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															22.00	15.43	12.12	12.04	12.91

Competitive Comparison of BILL Holdings's Days Payable

For the Software - Application subindustry, BILL 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.

BILL Holdings's Days Payable Distribution in the Software Industry

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

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

BILL Holdings 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.

BILL Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (9.411	+	7.863)	/	2 )	/	179.041	*	365
=	8.637					/	179.041	*	365
=	17.61

BILL 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
=	( (8.044	+	6.278)	/	2 )	/	50.611	*	365 / 4
=	7.161					/	50.611	*	365 / 4
=	12.91

BILL Holdings Days Payable Related Terms

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

BILL Holdings (STU:0M5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BILL Holdings Inc (STU:0M5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BILL:USA 0M5:Germany B2HI34:Brazil

Address

6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022

Website

https://www.bill.com

BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

BILL Holdings (STU:0M5) Headlines

No Headlines