Bens Creek Group (LSE:BEN) Days Payable : 20.64 (As of Sep. 2023)

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What is Bens Creek Group Days Payable?

Bens Creek Group's average Accounts Payable for the six months ended in Sep. 2023 was £2.32 Mil. Bens Creek Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £20.51 Mil. Hence, Bens Creek Group's Days Payable for the six months ended in Sep. 2023 was 20.64.

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

LSE:BEN' s Days Payable Range Over the Past 10 Years
Min: 14.45 Med: 59.9 Max: 105.34
Current: 16.37

During the past 3 years, Bens Creek Group's highest Days Payable was 105.34. The lowest was 14.45. And the median was 59.90.

LSE:BEN's Days Payable is ranked worse than
83.67% of 588 companies
in the Steel industry
Industry Median: 39.59 vs LSE:BEN: 16.37

Bens Creek Group's Days Payable increased from Sep. 2022 (19.82) to Sep. 2023 (20.64). It may suggest that Bens Creek Group delayed paying its suppliers.

Bens Creek Group Days Payable Historical Data

The historical data trend for Bens Creek 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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Bens Creek Group Days Payable Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

105.34

14.45

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	62.03	19.82	9.65	20.64

Competitive Comparison of Bens Creek Group's Days Payable

For the Coking Coal subindustry, Bens Creek 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.

Bens Creek Group's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Days Payable distribution charts can be found below:

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

Bens Creek 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.

Bens Creek Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.797	+	1.188)	/	2 )	/	37.701	*	365
=	1.4925					/	37.701	*	365
=	14.45

Bens Creek Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.188	+	3.451)	/	2 )	/	20.507	*	365 / 2
=	2.3195					/	20.507	*	365 / 2
=	20.64

Bens Creek Group Days Payable Related Terms

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Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.