Bravura Solutions (ASX:BVS) Days Payable : 141.22 (As of Dec. 2023)

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What is Bravura Solutions Days Payable?

Bravura Solutions's average Accounts Payable for the six months ended in Dec. 2023 was A$10.6 Mil. Bravura Solutions's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.7 Mil. Hence, Bravura Solutions's Days Payable for the six months ended in Dec. 2023 was 141.22.

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

ASX:BVS' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7324.69
Current: 7324.69

During the past 7 years, Bravura Solutions's highest Days Payable was 7324.69. The lowest was 0.00. And the median was 0.00.

ASX:BVS's Days Payable is ranked better than
98.86% of 2536 companies
in the Software industry
Industry Median: 50.42 vs ASX:BVS: 7324.69

Bravura Solutions's Days Payable increased from Dec. 2022 (127.17) to Dec. 2023 (141.22). It may suggest that Bravura Solutions delayed paying its suppliers.

Bravura Solutions Days Payable Historical Data

The historical data trend for Bravura Solutions'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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Bravura Solutions Days Payable Chart

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Bravura Solutions Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										119.96	-	127.17	-	141.22

Competitive Comparison of Bravura Solutions's Days Payable

For the Software - Application subindustry, Bravura Solutions'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.

Bravura Solutions's Days Payable Distribution in the Software Industry

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

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

Bravura Solutions 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.

Bravura Solutions'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
=	( (6.898	+	12.033)	/	2 )	/	0	*	365
=	9.4655					/	0	*	365
=	N/A

Bravura Solutions'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
=	( (12.033	+	9.163)	/	2 )	/	13.696	*	365 / 2
=	10.598					/	13.696	*	365 / 2
=	141.22

Bravura Solutions Days Payable Related Terms

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Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.