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PEXA Group (ASX:PXA) Days Payable : 250.67 (As of Dec. 2023)


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What is PEXA Group Days Payable?

PEXA Group's average Accounts Payable for the six months ended in Dec. 2023 was A$26.6 Mil. PEXA Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$19.4 Mil. Hence, PEXA Group's Days Payable for the six months ended in Dec. 2023 was 250.67.

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

ASX:PXA' s Days Payable Range Over the Past 10 Years
Min: 41.3   Med: 43.23   Max: 278.78
Current: 278.78

During the past 3 years, PEXA Group's highest Days Payable was 278.78. The lowest was 41.30. And the median was 43.23.

ASX:PXA's Days Payable is ranked better than
87.68% of 2532 companies
in the Software industry
Industry Median: 50.275 vs ASX:PXA: 278.78

PEXA Group's Days Payable increased from Dec. 2022 (178.84) to Dec. 2023 (250.67). It may suggest that PEXA Group delayed paying its suppliers.


PEXA Group Days Payable Historical Data

The historical data trend for PEXA Group'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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PEXA Group Days Payable Chart

PEXA Group Annual Data
Trend Jun21 Jun22 Jun23
Days Payable
56.39 43.23 41.30

PEXA Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 127.91 133.95 178.84 184.66 250.67

Competitive Comparison of PEXA Group's Days Payable

For the Software - Application subindustry, PEXA Group'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.


PEXA Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where PEXA Group's Days Payable falls into.



PEXA Group 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.

PEXA Group'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
=( (3.647 + 4.221) / 2 ) / 34.767*365
=3.934 / 34.767*365
=41.30

PEXA Group'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.221 + 49.055) / 2 ) / 19.394*365 / 2
=26.638 / 19.394*365 / 2
=250.67

* 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.


PEXA Group Days Payable Related Terms

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PEXA Group (ASX:PXA) Business Description

Traded in Other Exchanges
N/A
Address
727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

PEXA Group (ASX:PXA) Headlines

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