AB Dynamics (LSE:ABDP) Days Payable : 92.34 (As of Feb. 2024)

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What is AB Dynamics Days Payable?

AB Dynamics's average Accounts Payable for the six months ended in Feb. 2024 was £11.0 Mil. AB Dynamics's Cost of Goods Sold for the six months ended in Feb. 2024 was £21.8 Mil. Hence, AB Dynamics's Days Payable for the six months ended in Feb. 2024 was 92.34.

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

LSE:ABDP' s Days Payable Range Over the Past 10 Years
Min: 21.42 Med: 30.23 Max: 121.98
Current: 121.98

During the past 13 years, AB Dynamics's highest Days Payable was 121.98. The lowest was 21.42. And the median was 30.23.

LSE:ABDP's Days Payable is ranked better than
79.1% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs LSE:ABDP: 121.98

AB Dynamics's Days Payable declined from Feb. 2023 (110.05) to Feb. 2024 (92.34). It may suggest that AB Dynamics accelerated paying its suppliers.

AB Dynamics Days Payable Historical Data

The historical data trend for AB Dynamics'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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AB Dynamics Days Payable Chart

AB Dynamics Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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32.95

30.85

79.17

80.36

44.25

AB Dynamics Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															122.76	70.74	110.05	112.96	92.34

Competitive Comparison of AB Dynamics's Days Payable

For the Auto Parts subindustry, AB Dynamics'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.

AB Dynamics's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AB Dynamics's Days Payable distribution charts can be found below:

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

AB Dynamics 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.

AB Dynamics's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (4.956	+	4.946)	/	2 )	/	40.837	*	365
=	4.951					/	40.837	*	365
=	44.25

AB Dynamics's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (4.946	+	17.109)	/	2 )	/	21.794	*	365 / 2
=	11.0275					/	21.794	*	365 / 2
=	92.34

AB Dynamics Days Payable Related Terms

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AB Dynamics (LSE:ABDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AB Dynamics PLC (LSE:ABDP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ABDP.GB:UK

Address

Middleton Drive, Bradford on Avon, Wiltshire, GBR, BA15 1GB

Website

https://www.abdplc.com

AB Dynamics PLC supplies measurement and testing equipment to the automotive industry. The principal activity of the Group is the design, manufacture, and supply of testing, simulation and measurement products for the global transport market. The Group derives the majority of revenue from Laboratory testing and simulation and includes Track testing. Geographically, key revenue is generated from Asia Pacific that includes the United Kingdom, the Rest of European, North America, and the Rest of the World.

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