Straker (ASX:STG) Days Payable : 104.97 (As of Sep. 2023)

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What is Straker Days Payable?

Straker's average Accounts Payable for the six months ended in Sep. 2023 was A$5.35 Mil. Straker's Cost of Goods Sold for the six months ended in Sep. 2023 was A$9.30 Mil. Hence, Straker's Days Payable for the six months ended in Sep. 2023 was 104.97.

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

ASX:STG' s Days Payable Range Over the Past 10 Years
Min: 20.2 Med: 46.17 Max: 113.1
Current: 113.1

During the past 6 years, Straker's highest Days Payable was 113.10. The lowest was 20.20. And the median was 46.17.

ASX:STG's Days Payable is ranked better than
77.92% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs ASX:STG: 113.10

Straker's Days Payable increased from Sep. 2022 (84.61) to Sep. 2023 (104.97). It may suggest that Straker delayed paying its suppliers.

Straker Days Payable Historical Data

The historical data trend for Straker'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.

* Premium members only.

Straker Days Payable Chart

Straker Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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26.50

20.20

46.17

50.81

48.25

Straker Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial					85.92	67.55	84.61	88.04	104.97

Competitive Comparison of Straker's Days Payable

For the Specialty Business Services subindustry, Straker'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.

Straker's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Straker's Days Payable distribution charts can be found below:

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

Straker 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.

Straker'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
=	( (3.876	+	2.439)	/	2 )	/	23.885	*	365
=	3.1575					/	23.885	*	365
=	48.25

Straker'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
=	( (2.439	+	8.262)	/	2 )	/	9.302	*	365 / 2
=	5.3505					/	9.302	*	365 / 2
=	104.97

Straker Days Payable Related Terms

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

Straker (ASX:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Straker Ltd (ASX:STG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Parkway Drive, Level 2, Rosedale, Auckland, NZL, 0632

Website

https://www.strakertranslations.com

Straker Ltd formerly Straker Translations Ltd is engaged in the provision of language services and language technology via subscriptions to its customers. The company's geographical segments are Asia Pacific (APAC), Europe, Middle East and Africa (EMEA), and North America (NAM).