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Andrews Sykes Group (LSE:ASY) Days Payable : 248.64 (As of Dec. 2023)


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What is Andrews Sykes Group Days Payable?

Andrews Sykes Group's average Accounts Payable for the six months ended in Dec. 2023 was £17.56 Mil. Andrews Sykes Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £12.89 Mil. Hence, Andrews Sykes Group's Days Payable for the six months ended in Dec. 2023 was 248.64.

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

LSE:ASY' s Days Payable Range Over the Past 10 Years
Min: 38.98   Med: 51.68   Max: 177.61
Current: 177.61

During the past 13 years, Andrews Sykes Group's highest Days Payable was 177.61. The lowest was 38.98. And the median was 51.68.

LSE:ASY's Days Payable is ranked better than
85.93% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs LSE:ASY: 177.61

Andrews Sykes Group's Days Payable increased from Dec. 2022 (115.13) to Dec. 2023 (248.64). It may suggest that Andrews Sykes Group delayed paying its suppliers.


Andrews Sykes Group Days Payable Historical Data

The historical data trend for Andrews Sykes Group'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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Andrews Sykes Group Days Payable Chart

Andrews Sykes Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.21 49.10 38.98 46.27 149.87

Andrews Sykes Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.88 103.85 115.13 139.35 248.64

Competitive Comparison of Andrews Sykes Group's Days Payable

For the Rental & Leasing Services subindustry, Andrews Sykes Group'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.


Andrews Sykes Group's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Andrews Sykes Group's Days Payable falls into.



Andrews Sykes Group 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.

Andrews Sykes Group'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
=( (4.329 + 17.858) / 2 ) / 27.017*365
=11.0935 / 27.017*365
=149.87

Andrews Sykes Group'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
=( (17.252 + 17.858) / 2 ) / 12.885*365 / 2
=17.555 / 12.885*365 / 2
=248.64

* 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.


Andrews Sykes Group Days Payable Related Terms

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Andrews Sykes Group (LSE:ASY) Business Description

Traded in Other Exchanges
Address
Union Street, St David's Court, Wolverhampton, West Midlands, GBR, WV1 3JE
Andrews Sykes Group PLC engages in the rental of pumping equipment and specialist climate control products, which include air conditioning and chillers, heating and boilers, dehumidifiers, and ventilation units. Its operating segments are Hire and sales Europe, Hire and sales the Middle East, and Installation and maintenance. Most of the revenue is derived from the Hire and Sales Europe segment. Its geographical segments are the United Kingdom, the Rest of Europe, the Middle East & Africa, and the Rest of the World.

Andrews Sykes Group (LSE:ASY) Headlines

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