Stock Analysis on Net

Fidelity National Information Services Inc. (NYSE:FIS)

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel LibreOffice Calc

Short-term Activity Ratios (Summary)

Fidelity National Information Services Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Turnover Ratios
Receivables turnover 17.77 18.12 18.06 18.96 16.25 14.63 14.75 15.97 12.13 29.13 24.32 29.98 22.24 31.18 25.82 31.35 46.43 46.99 34.89 52.81
Payables turnover 1.60 1.75 1.77 1.69 1.85 1.89 2.13 1.56 1.25 6.98 5.85 5.73 6.16 7.31 6.54 6.51 9.28 9.93 8.26 8.73
Working capital turnover 27.03 1.01 93.49 13.85 9.49 9.06 13.87 7.02 34.37 8.17
Average No. Days
Average receivable collection period 21 20 20 19 22 25 25 23 30 13 15 12 16 12 14 12 8 8 10 7
Average payables payment period 228 209 206 216 197 193 171 233 291 52 62 64 59 50 56 56 39 37 44 42

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Fidelity National Information Services Inc. receivables turnover ratio improved from Q1 2021 to Q2 2021 but then deteriorated significantly from Q2 2021 to Q3 2021.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Fidelity National Information Services Inc. payables turnover ratio decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Fidelity National Information Services Inc. number of days of payables outstanding increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Receivables Turnover

Fidelity National Information Services Inc., receivables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Revenue 3,507  3,475  3,223  3,315  3,197  2,962  3,078  3,342  2,822  2,112  2,057  2,167  2,084  2,106  2,066  2,329  2,198  2,341  2,255  2,446  2,309  2,305  2,181 
Settlement receivables 761  729  703  662  774  834  770  647  755  289  346  281  386  279  346  291  199  199  267  175  230  224  291 
Short-term Activity Ratio
Receivables turnover1 17.77 18.12 18.06 18.96 16.25 14.63 14.75 15.97 12.13 29.13 24.32 29.98 22.24 31.18 25.82 31.35 46.43 46.99 34.89 52.81
Benchmarks
Receivables Turnover, Competitors2
Adobe Inc. 9.77 9.74 9.00 9.20 9.44 8.82 8.40 7.28 7.76 7.94 7.12 6.86 8.21 7.56 7.24 5.99 6.86 7.24 7.23 7.03 7.59 7.96 8.46
Autodesk Inc. 6.76 7.22 9.61 5.02 5.98 8.44 10.24 5.42 7.72 9.56 10.31 4.69 6.44 7.36 8.66 4.49 8.47 7.53 9.24 3.83
Automatic Data Processing Inc. 5.30 5.81 5.85 5.98 5.61 5.61 5.76 5.81 5.63 5.25 6.12 6.72 6.40 6.25 7.01 7.27 6.74 6.55 7.32 6.69
Fiserv Inc. 5.66 5.79 5.67 5.98 6.49 5.74 4.82 3.66 2.90 6.04 5.64 5.55 6.10 6.20 6.54 5.71 6.25 6.62 6.47 6.10
International Business Machines Corp. 11.27 10.90 11.42 10.32 12.30 11.54 11.05 9.80 11.42 10.50 11.26 10.71 11.37 10.85 10.29 8.86 9.62 9.34 9.48 8.70
Intuit Inc. 16.04 16.60 79.16 51.54 31.31 11.82 66.66 77.98 25.87 11.61 79.14 60.86 18.83 10.21 45.56 50.26 20.77 9.31 39.33 43.46
Mastercard Inc. 20.66 17.76 9.21 8.97 11.34 9.10 14.61 5.64 5.98 10.14 10.70 6.10 10.83 9.11 8.72 9.09 9.96 8.99 10.20 9.86
Microsoft Corp. 6.08 5.61 6.44 4.47 6.11 5.71 6.80 4.26 6.34 6.02 6.61 4.17 6.02 5.36 6.46 4.54 6.77 5.97 7.67 4.67
Oracle Corp. 8.56 8.91 8.57 7.04 9.55 9.77 10.35 7.69 9.92 10.01 10.68 7.55 10.12 10.24 10.67 7.12 10.06 10.09 10.92 6.88
PayPal Holdings Inc. 33.38 34.41 33.93 37.18 42.11 43.09 44.33 40.86 40.86 43.12 38.86 49.36 36.33 51.33 53.50 46.27 40.97 66.81 63.33 50.66
salesforce.com inc. 6.12 5.63 5.93 2.77 6.16 6.32 6.51 2.70 6.15 5.97 6.30 2.68 6.53 5.98 6.16 2.63 6.17 5.65 5.93 2.67
ServiceNow Inc. 7.13 6.62 7.49 4.48 6.69 6.26 6.04 4.14 5.98 5.98 6.65 4.54 5.74 6.16 5.67 4.44 6.07 5.85 5.40 4.31
Visa Inc. 13.62 14.89 13.46 17.28 10.84 16.68 7.19 7.54 13.19 13.77 6.81 13.03 12.40 7.74 11.59 12.91 12.52 5.02 11.99 10.28

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

1 Q3 2021 Calculation
Receivables turnover = (RevenueQ3 2021 + RevenueQ2 2021 + RevenueQ1 2021 + RevenueQ4 2020) ÷ Settlement receivables
= (3,507 + 3,475 + 3,223 + 3,315) ÷ 761 = 17.77

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Fidelity National Information Services Inc. receivables turnover ratio improved from Q1 2021 to Q2 2021 but then deteriorated significantly from Q2 2021 to Q3 2021.

Payables Turnover

Fidelity National Information Services Inc., payables turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Cost of revenue 2,178  2,135  2,118  2,109  2,104  2,046  2,089  1,987  1,838  1,404  1,381  1,377  1,364  1,414  1,414  1,504  1,483  1,612  1,582  1,553  1,527  1,600  1,553 
Settlement payables 5,342  4,840  4,735  4,934  4,438  4,214  3,434  4,228  4,791  792  946  972  925  796  920  949  671  632  758  714  699  669  574 
Short-term Activity Ratio
Payables turnover1 1.60 1.75 1.77 1.69 1.85 1.89 2.13 1.56 1.25 6.98 5.85 5.73 6.16 7.31 6.54 6.51 9.28 9.93 8.26 8.73
Benchmarks
Payables Turnover, Competitors2
Accenture PLC 16.92 17.94 20.16 22.48 21.75 20.11 19.17 18.16 19.00 20.14 21.74 21.62 20.52 20.05 20.09 16.87 19.59 20.71 21.40 19.14
Adobe Inc. 5.40 5.60 6.76 5.63 7.62 6.00 6.52 7.98 8.45 8.63 9.18 6.42 7.60 9.16 7.87 8.90 10.59 11.50 4.48 9.31 9.64 10.49 10.82
Autodesk Inc. 2.72 3.28 3.80 3.88 3.00 3.35 3.08 2.81 3.18 3.49 2.82 3.20 3.36 3.41 3.51 3.66 3.44 3.29 3.46 3.09
Automatic Data Processing Inc. 75.77 74.30 75.85 82.80 72.72 62.24 75.28 64.44 51.30 52.77 60.07 57.92 73.21 55.35 65.65 48.56 56.29 51.11 58.89 44.91
International Business Machines Corp. 9.08 9.07 9.16 7.75 9.76 8.36 9.63 8.30 10.16 8.75 7.35 6.50 8.04 7.91 7.56 6.65 7.74 8.19 7.89 6.70
Intuit Inc. 2.56 2.82 5.25 4.52 3.48 2.78 4.45 4.26 2.92 2.67 4.92 5.49 2.86 2.51 3.74 5.15 2.96 3.01 4.66 4.09
Mastercard Inc. 35.86 29.24 11.91 10.37 13.81 10.63 14.80 6.22 7.54 11.81 12.83 6.83 12.52 11.33 10.42 9.31 11.92 10.33 13.46 11.39
Microsoft Corp. 3.77 3.80 3.73 3.68 4.78 4.92 5.06 4.57 5.60 5.47 4.70 4.45 4.86 4.57 5.05 4.64 5.43 5.08 5.31 4.75
Oracle Corp. 9.49 10.71 14.72 12.46 15.07 15.07 16.46 13.78 13.45 13.86 15.37 15.28 13.11 14.07 12.86 12.47 15.39 11.95 13.44 14.84
PayPal Holdings Inc. 68.92 47.30 61.73 45.45 69.07 42.06 47.17 42.18 48.44 44.86 38.13 29.40 30.93 37.01 38.03 26.44 6.89 36.99 36.60 29.69
ServiceNow Inc. 19.64 11.82 9.75 28.83 17.87 10.13 11.28 15.04 12.17 10.81 17.21 20.26 13.62 18.21 13.97 15.56 22.67 18.22 12.50 10.47
Visa Inc. 9.53 10.68 10.49 12.58 8.40 12.78 5.50 5.76 9.20 10.42 5.46 9.51 8.67 6.34 8.15 9.17 8.56 5.85 7.76 7.24

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

1 Q3 2021 Calculation
Payables turnover = (Cost of revenueQ3 2021 + Cost of revenueQ2 2021 + Cost of revenueQ1 2021 + Cost of revenueQ4 2020) ÷ Settlement payables
= (2,178 + 2,135 + 2,118 + 2,109) ÷ 5,342 = 1.60

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Fidelity National Information Services Inc. payables turnover ratio decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Working Capital Turnover

Fidelity National Information Services Inc., working capital turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Current assets 10,011  9,438  9,105  9,898  9,934  8,600  8,346  8,692  9,325  12,505  3,611  3,733  3,597  3,494  3,735  3,606  3,324  4,062  3,409  4,282  3,523  3,678  3,629 
Less: Current liabilities 12,627  11,494  11,208  12,361  12,775  12,117  7,926  10,382  10,901  4,170  3,521  3,125  2,692  2,534  3,816  3,923  2,658  2,729  3,138  3,151  2,937  3,496  3,322 
Working capital (2,616) (2,056) (2,103) (2,463) (2,841) (3,517) 420  (1,690) (1,576) 8,335  90  608  905  960  (81) (317) 666  1,333  271  1,131  586  182  307 
 
Revenue 3,507  3,475  3,223  3,315  3,197  2,962  3,078  3,342  2,822  2,112  2,057  2,167  2,084  2,106  2,066  2,329  2,198  2,341  2,255  2,446  2,309  2,305  2,181 
Short-term Activity Ratio
Working capital turnover1 27.03 1.01 93.49 13.85 9.49 9.06 13.87 7.02 34.37 8.17
Benchmarks
Working Capital Turnover, Competitors2
Accenture PLC 7.71 8.35 7.70 8.71 10.32 10.56 9.98 9.85 11.92 11.77 12.53 12.12 14.59 13.41 15.49 16.17 17.59 14.81 16.07 11.23
Adobe Inc. 6.22 7.44 8.67 4.89 5.51 8.11 9.50 16.24 3.42 2.02 1.95 1.96 2.05 2.17 2.20 1.93 1.91 1.86 1.88
Autodesk Inc. 16.26 5.13 22.25 7.38 3.00 2.49 2.05 1.79
Automatic Data Processing Inc. 6.85 5.87 5.86 10.15 14.20 17.22 46.64 8.27 7.96 9.99 14.77 8.14 6.63 6.09 4.62 4.35 3.94 4.23 3.49 3.19
Fiserv Inc. 18.31 32.40 27.73 25.52 19.77 19.95 15.30 7.72 5.78 0.73 37.97 27.21 321.56 38.77 67.55 153.95 280.55
International Business Machines Corp. 40.51 49.97 107.30 25.25 2.21 5.69 7.29 7.03 7.11 5.98 6.40 6.01 8.67 12.39 10.50
Intuit Inc. 3.40 5.45 1.74 1.73 3.19 4.80 4.93 4.17 3.46 10.00 9.43 20.71 40.97
Mastercard Inc. 4.66 4.40 3.13 2.11 1.83 1.72 2.02 3.38 3.94 3.36 3.68 3.27 2.70 2.88 2.32 2.50 2.28 2.30 1.91 1.79
Microsoft Corp. 1.71 1.44 1.37 1.30 1.24 1.25 1.20 1.19 1.15 1.11 1.06 0.99 0.94 0.90 0.86 0.94 0.93 1.16 0.86 1.06
Oracle Corp. 1.69 1.58 1.26 1.12 2.25 1.98 1.68 1.42 1.34 1.09 0.84 0.70 0.66 0.62 0.72 0.75 0.75 0.77 0.63 0.79
PayPal Holdings Inc. 1.98 1.99 1.89 1.71 1.51 1.50 1.70 1.54 1.49 2.48 2.54 2.19 2.04 1.55 1.53 1.34 1.41 1.40 1.39 1.22
salesforce.com inc. 7.48 10.29 9.75 15.29 28.71 4.92
ServiceNow Inc. 11.15 16.31 5.62 5.76 3.73 8.10 43.84 46.69 30.81 13.86 10.15 7.86 5.16 4.40 5.37 6.24 2.09 1.83 5.85 5.13
Visa Inc. 1.62 1.50 1.55 1.66 2.57 6.02 4.96 3.04 2.98 3.05 3.16 2.98 2.65 2.15 2.10 2.03 2.86 3.18 3.67 2.41

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

1 Q3 2021 Calculation
Working capital turnover = (RevenueQ3 2021 + RevenueQ2 2021 + RevenueQ1 2021 + RevenueQ4 2020) ÷ Working capital
= (3,507 + 3,475 + 3,223 + 3,315) ÷ -2,616 =

2 Click competitor name to see calculations.


Average Receivable Collection Period

Fidelity National Information Services Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data
Receivables turnover 17.77 18.12 18.06 18.96 16.25 14.63 14.75 15.97 12.13 29.13 24.32 29.98 22.24 31.18 25.82 31.35 46.43 46.99 34.89 52.81
Short-term Activity Ratio (no. days)
Average receivable collection period1 21 20 20 19 22 25 25 23 30 13 15 12 16 12 14 12 8 8 10 7
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Adobe Inc. 37 37 41 40 39 41 43 50 47 46 51 53 44 48 50 61 53 50 50 52 48 46 43
Autodesk Inc. 54 51 38 73 61 43 36 67 47 38 35 78 57 50 42 81 43 48 39 95
Automatic Data Processing Inc. 69 63 62 61 65 65 63 63 65 70 60 54 57 58 52 50 54 56 50 55
Fiserv Inc. 65 63 64 61 56 64 76 100 126 60 65 66 60 59 56 64 58 55 56 60
International Business Machines Corp. 32 33 32 35 30 32 33 37 32 35 32 34 32 34 35 41 38 39 39 42
Intuit Inc. 23 22 5 7 12 31 5 5 14 31 5 6 19 36 8 7 18 39 9 8
Mastercard Inc. 18 21 40 41 32 40 25 65 61 36 34 60 34 40 42 40 37 41 36 37
Microsoft Corp. 60 65 57 82 60 64 54 86 58 61 55 88 61 68 57 80 54 61 48 78
Oracle Corp. 43 41 43 52 38 37 35 47 37 36 34 48 36 36 34 51 36 36 33 53
PayPal Holdings Inc. 11 11 11 10 9 8 8 9 9 8 9 7 10 7 7 8 9 5 6 7
salesforce.com inc. 60 65 62 132 59 58 56 135 59 61 58 136 56 61 59 139 59 65 62 137
ServiceNow Inc. 51 55 49 82 55 58 60 88 61 61 55 80 64 59 64 82 60 62 68 85
Visa Inc. 27 25 27 21 34 22 51 48 28 27 54 28 29 47 31 28 29 73 30 36

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

1 Q3 2021 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 17.77 = 21

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.

Average Payables Payment Period

Fidelity National Information Services Inc., average payables payment period calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data
Payables turnover 1.60 1.75 1.77 1.69 1.85 1.89 2.13 1.56 1.25 6.98 5.85 5.73 6.16 7.31 6.54 6.51 9.28 9.93 8.26 8.73
Short-term Activity Ratio (no. days)
Average payables payment period1 228 209 206 216 197 193 171 233 291 52 62 64 59 50 56 56 39 37 44 42
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
Accenture PLC 22 20 18 16 17 18 19 20 19 18 17 17 18 18 18 22 19 18 17 19
Adobe Inc. 68 65 54 65 48 61 56 46 43 42 40 57 48 40 46 41 34 32 81 39 38 35 34
Autodesk Inc. 134 111 96 94 122 109 119 130 115 104 129 114 109 107 104 100 106 111 105 118
Automatic Data Processing Inc. 5 5 5 4 5 6 5 6 7 7 6 6 5 7 6 8 6 7 6 8
International Business Machines Corp. 40 40 40 47 37 44 38 44 36 42 50 56 45 46 48 55 47 45 46 54
Intuit Inc. 142 129 70 81 105 131 82 86 125 137 74 66 128 145 98 71 123 121 78 89
Mastercard Inc. 10 12 31 35 26 34 25 59 48 31 28 53 29 32 35 39 31 35 27 32
Microsoft Corp. 97 96 98 99 76 74 72 80 65 67 78 82 75 80 72 79 67 72 69 77
Oracle Corp. 38 34 25 29 24 24 22 26 27 26 24 24 28 26 28 29 24 31 27 25
PayPal Holdings Inc. 5 8 6 8 5 9 8 9 8 8 10 12 12 10 10 14 53 10 10 12
ServiceNow Inc. 19 31 37 13 20 36 32 24 30 34 21 18 27 20 26 23 16 20 29 35
Visa Inc. 38 34 35 29 43 29 66 63 40 35 67 38 42 58 45 40 43 62 47 50

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).

1 Q3 2021 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 1.60 = 228

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Fidelity National Information Services Inc. number of days of payables outstanding increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.