AdvancedAdvT (LSE:ADVT) Days Payable : 107.94 (As of Jun. 2023)

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What is AdvancedAdvT Days Payable?

AdvancedAdvT's average Accounts Payable for the six months ended in Jun. 2023 was £0.05 Mil. AdvancedAdvT's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.08 Mil. Hence, AdvancedAdvT's Days Payable for the six months ended in Jun. 2023 was 107.94.

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

LSE:ADVT' s Days Payable Range Over the Past 10 Years
Min: 44.69 Med: 86.17 Max: 151.16
Current: 151.16

During the past 2 years, AdvancedAdvT's highest Days Payable was 151.16. The lowest was 44.69. And the median was 86.17.

LSE:ADVT's Days Payable is ranked better than
78.11% of 2535 companies
in the Software industry
Industry Median: 49.81 vs LSE:ADVT: 151.16

AdvancedAdvT's Days Payable declined from Jun. 2022 (121.30) to Jun. 2023 (107.94). It may suggest that AdvancedAdvT accelerated paying its suppliers.

AdvancedAdvT Days Payable Historical Data

The historical data trend for AdvancedAdvT'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.

AdvancedAdvT Days Payable Chart

AdvancedAdvT Annual Data

Trend

Jun21

Jun22

Days Payable

44.69

127.64

AdvancedAdvT Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			-	7.89	121.30	120.93	107.94

Competitive Comparison of AdvancedAdvT's Days Payable

For the Software - Application subindustry, AdvancedAdvT'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.

AdvancedAdvT's Days Payable Distribution in the Software Industry

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

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

AdvancedAdvT 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.

AdvancedAdvT's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0.006	+	0.108)	/	2 )	/	0.163	*	365
=	0.057					/	0.163	*	365
=	127.64

AdvancedAdvT's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.002	+	0.095)	/	2 )	/	0.082	*	365 / 2
=	0.0485					/	0.082	*	365 / 2
=	107.94

AdvancedAdvT Days Payable Related Terms

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

AdvancedAdvT (LSE:ADVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AdvancedAdvT Ltd (LSE:ADVT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Buckingham Street, London, GBR, WC2N 6DF

Website

https://www.advancedadvt.com

AdvancedAdvT Ltd has been formed to effect a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses.

AdvancedAdvT (LSE:ADVT) Headlines

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