Sportech (LSE:SPO) Days Payable : 145.09 (As of Jun. 2023)

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What is Sportech Days Payable?

Sportech's average Accounts Payable for the six months ended in Jun. 2023 was £4.92 Mil. Sportech's Cost of Goods Sold for the six months ended in Jun. 2023 was £6.18 Mil. Hence, Sportech's Days Payable for the six months ended in Jun. 2023 was 145.09.

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

LSE:SPO' s Days Payable Range Over the Past 10 Years
Min: 39.82 Med: 117.13 Max: 202.33
Current: 138.04

During the past 13 years, Sportech's highest Days Payable was 202.33. The lowest was 39.82. And the median was 117.13.

LSE:SPO's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 60.455 vs LSE:SPO: 138.04

Sportech's Days Payable increased from Jun. 2022 (110.44) to Jun. 2023 (145.09). It may suggest that Sportech delayed paying its suppliers.

Sportech Days Payable Historical Data

The historical data trend for Sportech'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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Sportech Days Payable Chart

Sportech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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97.10

121.06

202.33

113.19

125.29

Sportech Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															112.68	121.80	110.44	131.39	145.09

Competitive Comparison of Sportech's Days Payable

For the Gambling subindustry, Sportech'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.

Sportech's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sportech's Days Payable distribution charts can be found below:

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

Sportech 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.

Sportech's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3.545	+	4.588)	/	2 )	/	11.847	*	365
=	4.0665					/	11.847	*	365
=	125.29

Sportech's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4.588	+	5.243)	/	2 )	/	6.183	*	365 / 2
=	4.9155					/	6.183	*	365 / 2
=	145.09

Sportech Days Payable Related Terms

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

Sportech (LSE:SPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sportech PLC (LSE:SPO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Collins House, Rutland Square, Midlothian, Edinburgh, GBR, EH1 2AA

Website

https://www.sportechplc.com

Sportech PLC is a sports entertainment company and pool betting organization, focusing on regulated markets. The company has three business divisions including Sportech Digital which include the provision of pari-mutuel wagering services and systems principally to the horseracing industry; Sportech Venues include off-track betting venue management, and Corporate costs include central costs relating to Company in its capacity as the holding company of the Group. Majority of the revenue is generated from Sportech Venus division.

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