Man Group (LSE:EMG) Days Payable : 476.13 (As of Dec. 2023)

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What is Man Group Days Payable?

Man Group's average Accounts Payable for the six months ended in Dec. 2023 was £496.7 Mil. Man Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £190.4 Mil. Hence, Man Group's Days Payable for the six months ended in Dec. 2023 was 476.13.

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

LSE:EMG' s Days Payable Range Over the Past 10 Years
Min: 2.69 Med: 5.76 Max: 702.66
Current: 647.43

During the past 13 years, Man Group's highest Days Payable was 702.66. The lowest was 2.69. And the median was 5.76.

LSE:EMG's Days Payable is ranked better than
86.51% of 467 companies
in the Asset Management industry
Industry Median: 69.6 vs LSE:EMG: 647.43

Man Group's Days Payable declined from Dec. 2022 (594.52) to Dec. 2023 (476.13). It may suggest that Man Group accelerated paying its suppliers.

Man Group Days Payable Historical Data

The historical data trend for Man 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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Man Group Days Payable Chart

Man Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3.17

6.14

5.00

322.81

702.66

Man 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															244.91	239.09	594.52	830.04	476.13

Competitive Comparison of Man Group's Days Payable

For the Asset Management subindustry, Man 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.

Man Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Man Group's Days Payable distribution charts can be found below:

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

Man 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.

Man 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
=	( (715.091	+	519.82)	/	2 )	/	320.74	*	365
=	617.4555					/	320.74	*	365
=	702.66

Man 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
=	( (473.616	+	519.82)	/	2 )	/	190.39	*	365 / 2
=	496.718					/	190.39	*	365 / 2
=	476.13

Man Group Days Payable Related Terms

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Man Group (LSE:EMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Man Group PLC (LSE:EMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MNGPF:USA EMGl:UK M3N:Germany

Address

2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD

Website

https://www.man.com

Man Group PLC is a investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. Man divides its reported funds under management by four material segments, including momentum strategies, multi- strategy, sector-based, and alpha capture strategies. The momentum strategy utilizes algorithms to identify trends and to exhibit low correlation with other asset classes. Multi-asset strategies compose a mix of high-conviction systematic models of liquid assets. The alpha capture strategy constructs a long-only portfolio of best ideas from specific equity brokers. Revenue is generated primarily through management fees and secondarily through performance fees.

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