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Information Services (TSX:ISV) Days Payable : 112.65 (As of Mar. 2024)


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What is Information Services Days Payable?

Information Services's average Accounts Payable for the three months ended in Mar. 2024 was C$23.1 Mil. Information Services's Cost of Goods Sold for the three months ended in Mar. 2024 was C$18.7 Mil. Hence, Information Services's Days Payable for the three months ended in Mar. 2024 was 112.65.

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

TSX:ISV' s Days Payable Range Over the Past 10 Years
Min: 20.72   Med: 92.24   Max: 228.64
Current: 138.93

During the past 12 years, Information Services's highest Days Payable was 228.64. The lowest was 20.72. And the median was 92.24.

TSX:ISV's Days Payable is ranked better than
82.12% of 923 companies
in the Business Services industry
Industry Median: 47.5 vs TSX:ISV: 138.93

Information Services's Days Payable increased from Mar. 2023 (102.36) to Mar. 2024 (112.65). It may suggest that Information Services delayed paying its suppliers.


Information Services Days Payable Historical Data

The historical data trend for Information Services'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.

Information Services Days Payable Chart

Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.28 93.53 20.72 29.04 36.34

Information Services 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 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 Premium Member Only Premium Member Only Premium Member Only 102.36 153.34 159.87 98.30 112.65

Competitive Comparison of Information Services's Days Payable

For the Specialty Business Services subindustry, Information Services'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.


Information Services's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Information Services's Days Payable distribution charts can be found below:

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



Information Services 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.

Information Services'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
=( (7.444 + 6.842) / 2 ) / 71.744*365
=7.143 / 71.744*365
=36.34

Information Services'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
=( (6.842 + 39.325) / 2 ) / 18.699*365 / 4
=23.0835 / 18.699*365 / 4
=112.65

* 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.


Information Services Days Payable Related Terms

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Information Services (TSX:ISV) Business Description

Traded in Other Exchanges
Address
No. 300, 10 Research Drive, Regina, SK, CAN, S4S 7J7
Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions.

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