Hill & Smith (LSE:HILS) Days Payable : 63.97 (As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Hill & Smith Days Payable?

Hill & Smith's average Accounts Payable for the six months ended in Dec. 2023 was £90.5 Mil. Hill & Smith's Cost of Goods Sold for the six months ended in Dec. 2023 was £258.2 Mil. Hence, Hill & Smith's Days Payable for the six months ended in Dec. 2023 was 63.97.

The historical rank and industry rank for Hill & Smith's Days Payable or its related term are showing as below:

LSE:HILS' s Days Payable Range Over the Past 10 Years
Min: 43.11 Med: 59.53 Max: 66.59
Current: 59

During the past 13 years, Hill & Smith's highest Days Payable was 66.59. The lowest was 43.11. And the median was 59.53.

LSE:HILS's Days Payable is ranked worse than
62.52% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs LSE:HILS: 59.00

Hill & Smith's Days Payable declined from Dec. 2022 (74.77) to Dec. 2023 (63.97). It may suggest that Hill & Smith accelerated paying its suppliers.

Hill & Smith Days Payable Historical Data

The historical data trend for Hill & Smith'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.

Hill & Smith Days Payable Chart

Hill & Smith Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

62.26

59.55

66.59

58.16

43.11

Hill & Smith Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															99.59	87.99	74.77	69.95	63.97

Competitive Comparison of Hill & Smith's Days Payable

For the Engineering & Construction subindustry, Hill & Smith'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.

Hill & Smith's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hill & Smith's Days Payable distribution charts can be found below:

* The bar in red indicates where Hill & Smith's Days Payable falls into.

Hill & Smith 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.

Hill & Smith'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
=	( (67.8	+	53.4)	/	2 )	/	513.1	*	365
=	60.6					/	513.1	*	365
=	43.11

Hill & Smith'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
=	( (127.6	+	53.4)	/	2 )	/	258.2	*	365 / 2
=	90.5					/	258.2	*	365 / 2
=	63.97

Hill & Smith Days Payable Related Terms

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

Hill & Smith (LSE:HILS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hill & Smith PLC (LSE:HILS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HILSl:UK HILS.GB:UK

Address

Westhaven House, Arleston Way, Shirley, Solihull, West Midlands, GBR, B90 4LH

Website

https://www.hsgroup.com

Hill & Smith PLC creates sustainable infrastructure and safe transport through innovation. It is organized into three main business divisions. Galvanizing Services increase the sustainability and maintenance-free life of steel products including structural steelwork, lighting, bridges, agricultural and other products for the industrial and infrastructure markets. Engineered Solutions supplies engineered steel and composite solutions for a wide range of infrastructure markets including energy generation and distribution, marine, rail, and housing. Roads & Security division supplies products and services to support road and highway infrastructure including temporary and permanent road safety barriers, renewable energy lighting and power solutions, and Intelligent Traffic Solutions.

Hill & Smith (LSE:HILS) Headlines

No Headlines