Morgan Sindall Group (LSE:MGNS) Days Payable : 19.16 (As of Dec. 2023)

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What is Morgan Sindall Group Days Payable?

Morgan Sindall Group's average Accounts Payable for the six months ended in Dec. 2023 was £205 Mil. Morgan Sindall Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,949 Mil. Hence, Morgan Sindall Group's Days Payable for the six months ended in Dec. 2023 was 19.16.

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

LSE:MGNS' s Days Payable Range Over the Past 10 Years
Min: 18.19 Med: 33.99 Max: 109.24
Current: 19.04

During the past 13 years, Morgan Sindall Group's highest Days Payable was 109.24. The lowest was 18.19. And the median was 33.99.

LSE:MGNS's Days Payable is ranked worse than
95.45% of 1604 companies
in the Construction industry
Industry Median: 75.97 vs LSE:MGNS: 19.04

Morgan Sindall Group's Days Payable increased from Dec. 2022 (18.74) to Dec. 2023 (19.16). It may suggest that Morgan Sindall Group delayed paying its suppliers.

Morgan Sindall Group Days Payable Historical Data

The historical data trend for Morgan Sindall 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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Morgan Sindall Group Days Payable Chart

Morgan Sindall Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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109.24

69.25

22.36

18.19

18.27

Morgan Sindall Group 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															20.84	21.16	18.74	19.72	19.16

Competitive Comparison of Morgan Sindall Group's Days Payable

For the Engineering & Construction subindustry, Morgan Sindall 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.

Morgan Sindall Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Morgan Sindall Group's Days Payable distribution charts can be found below:

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

Morgan Sindall 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.

Morgan Sindall Group'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
=	( (165.4	+	202.2)	/	2 )	/	3672.9	*	365
=	183.8					/	3672.9	*	365
=	18.27

Morgan Sindall 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
=	( (207.1	+	202.2)	/	2 )	/	1949.1	*	365 / 2
=	204.65					/	1949.1	*	365 / 2
=	19.16

Morgan Sindall Group Days Payable Related Terms

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Morgan Sindall Group (LSE:MGNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Morgan Sindall Group PLC (LSE:MGNS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MGNSl:UK

Address

Kent House, 14–17 Market Place, London, GBR, W1W 8AJ

Website

https://www.morgansindall.com

Morgan Sindall Group PLC is a construction and regeneration company in the United Kingdom. The business activities of the group are functioned through Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments segments. The company offers services to commercial, defense, education, energy, healthcare, industrial, leisure, retail, transportation, and water markets. Group serves both the public and private sectors. It derives the majority of revenue from construction and infrastructure segment.

Morgan Sindall Group (LSE:MGNS) Headlines

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