Saferoads Holdings (ASX:SRH) Days Payable : 87.23 (As of Dec. 2023)

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What is Saferoads Holdings Days Payable?

Saferoads Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$1.43 Mil. Saferoads Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$3.00 Mil. Hence, Saferoads Holdings's Days Payable for the six months ended in Dec. 2023 was 87.23.

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

ASX:SRH' s Days Payable Range Over the Past 10 Years
Min: 49.95 Med: 66.05 Max: 101.64
Current: 101.64

During the past 13 years, Saferoads Holdings's highest Days Payable was 101.64. The lowest was 49.95. And the median was 66.05.

ASX:SRH's Days Payable is ranked better than
86.01% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.76 vs ASX:SRH: 101.64

Saferoads Holdings's Days Payable increased from Dec. 2022 (82.49) to Dec. 2023 (87.23). It may suggest that Saferoads Holdings delayed paying its suppliers.

Saferoads Holdings Days Payable Historical Data

The historical data trend for Saferoads Holdings'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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Saferoads Holdings Days Payable Chart

Saferoads Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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67.57

64.53

84.25

93.45

49.95

Saferoads Holdings 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															123.02	78.37	82.49	88.61	87.23

Competitive Comparison of Saferoads Holdings's Days Payable

For the Industrial Distribution subindustry, Saferoads Holdings'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.

Saferoads Holdings's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Saferoads Holdings's Days Payable distribution charts can be found below:

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

Saferoads Holdings 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.

Saferoads Holdings'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
=	( (1.148	+	0.803)	/	2 )	/	7.128	*	365
=	0.9755					/	7.128	*	365
=	49.95

Saferoads Holdings'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
=	( (0.803	+	2.063)	/	2 )	/	2.998	*	365 / 2
=	1.433					/	2.998	*	365 / 2
=	87.23

Saferoads Holdings Days Payable Related Terms

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Saferoads Holdings (ASX:SRH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Saferoads Holdings Ltd (ASX:SRH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Commercial Drive, PO Box 2030, Pakenham, Melbourne, VIC, AUS, 3810

Website

https://www.saferoads.com.au

Saferoads Holdings Ltd is incorporated in Australia. The company provides road safety products and solutions to State and Local Governments, road construction companies and hire companies. Its products and services include flexible guide posts; rubber or plastic roundabouts and pedestrian islands; variable message sign boards; decorative and standard street and freeway light poles; traffic signals; crash cushions and barriers; and guardrail and wire rope safety barriers. The company operates predominantly in Australia.

Saferoads Holdings (ASX:SRH) Headlines

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