BigCommerce Holdings (STU:BI1) Days Payable : 37.16 (As of Mar. 2024)

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What is BigCommerce Holdings Days Payable?

BigCommerce Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €6.9 Mil. BigCommerce Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €17.0 Mil. Hence, BigCommerce Holdings's Days Payable for the three months ended in Mar. 2024 was 37.16.

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

STU:BI1' s Days Payable Range Over the Past 10 Years
Min: 34.27 Med: 52.21 Max: 90.9
Current: 34.27

During the past 6 years, BigCommerce Holdings's highest Days Payable was 90.90. The lowest was 34.27. And the median was 52.21.

STU:BI1's Days Payable is ranked worse than
62.48% of 2532 companies
in the Software industry
Industry Median: 50.145 vs STU:BI1: 34.27

BigCommerce Holdings's Days Payable declined from Mar. 2023 (38.17) to Mar. 2024 (37.16). It may suggest that BigCommerce Holdings accelerated paying its suppliers.

BigCommerce Holdings Days Payable Historical Data

The historical data trend for BigCommerce 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.

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BigCommerce Holdings Days Payable Chart

BigCommerce Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.24

53.68

51.15

38.36

37.39

BigCommerce 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															38.17	34.26	30.30	34.63	37.16

Competitive Comparison of BigCommerce Holdings's Days Payable

For the Software - Application subindustry, BigCommerce 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.

BigCommerce Holdings's Days Payable Distribution in the Software Industry

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

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

BigCommerce 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.

BigCommerce 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
=	( (6.62	+	7.319)	/	2 )	/	68.043	*	365
=	6.9695					/	68.043	*	365
=	37.39

BigCommerce 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
=	( (7.319	+	6.498)	/	2 )	/	16.964	*	365 / 4
=	6.9085					/	16.964	*	365 / 4
=	37.16

BigCommerce Holdings Days Payable Related Terms

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BigCommerce Holdings (STU:BI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BigCommerce Holdings Inc (STU:BI1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BIGC:USA

Address

11305 Four Points Drive, Suite 100, Building II, Austin, TX, USA, 78726

Website

http://www.bigcommerce.com

BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which a majority of revenue is generated from Americas-U.S.

BigCommerce Holdings (STU:BI1) Headlines

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