Gamma Communications (FRA:6GC) Days Payable : 85.41 (As of Dec. 2023)

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What is Gamma Communications Days Payable?

Gamma Communications's average Accounts Payable for the six months ended in Dec. 2023 was €70.4 Mil. Gamma Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was €150.3 Mil. Hence, Gamma Communications's Days Payable for the six months ended in Dec. 2023 was 85.41.

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

FRA:6GC' s Days Payable Range Over the Past 10 Years
Min: 11.71 Med: 14.68 Max: 62.39
Current: 62.39

During the past 13 years, Gamma Communications's highest Days Payable was 62.39. The lowest was 11.71. And the median was 14.68.

FRA:6GC's Days Payable is ranked worse than
67.83% of 345 companies
in the Telecommunication Services industry
Industry Median: 102.31 vs FRA:6GC: 62.39

Gamma Communications's Days Payable increased from Dec. 2022 (49.45) to Dec. 2023 (85.41). It may suggest that Gamma Communications delayed paying its suppliers.

Gamma Communications Days Payable Historical Data

The historical data trend for Gamma Communications'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.

Gamma Communications Days Payable Chart

Gamma Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.52

15.05

12.09

11.81

54.43

Gamma Communications 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															57.39	49.46	49.45	46.63	85.41

Competitive Comparison of Gamma Communications's Days Payable

For the Telecom Services subindustry, Gamma Communications'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.

Gamma Communications's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gamma Communications's Days Payable distribution charts can be found below:

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

Gamma Communications 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.

Gamma Communications's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (10.923	+	77.191)	/	2 )	/	295.413	*	365
=	44.057					/	295.413	*	365
=	54.43

Gamma Communications'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
=	( (63.515	+	77.191)	/	2 )	/	150.319	*	365 / 2
=	70.353					/	150.319	*	365 / 2
=	85.41

Gamma Communications Days Payable Related Terms

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Gamma Communications (FRA:6GC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gamma Communications PLC (FRA:6GC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAMA:UK

Address

Kings Road West, Kings House, Newbury, Berkshire, GBR, RG14 5BY

Website

https://www.gamma.co.uk

Gamma Communications PLC is a supplier of Unified Communications as a Service (UCaaS) in the United Kingdom and Dutch markets, supplying communication solutions directly and via its network of trusted channel partners. The company's product portfolio includes Unified Communications, SIP Trunking, Call Management, Mobile, and Connectivity. Its segments consist of UK Indirect, which sells products to channel partners; UK Direct which sells products to end-users in the SME, enterprise, and public sectors together with an associated service wrap; and European segment consists of sales made in Europe; and Central functions.

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