Equals Group (LSE:EQLS) Days Payable : 105.81 (As of Dec. 2023)

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What is Equals Group Days Payable?

Equals Group's average Accounts Payable for the six months ended in Dec. 2023 was £12.73 Mil. Equals Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £21.96 Mil. Hence, Equals Group's Days Payable for the six months ended in Dec. 2023 was 105.81.

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

LSE:EQLS' s Days Payable Range Over the Past 10 Years
Min: 40.44 Med: 164.33 Max: 1386.17
Current: 84.78

During the past 13 years, Equals Group's highest Days Payable was 1386.17. The lowest was 40.44. And the median was 164.33.

LSE:EQLS's Days Payable is ranked better than
63.83% of 282 companies
in the Credit Services industry
Industry Median: 43.675 vs LSE:EQLS: 84.78

Equals Group's Days Payable increased from Dec. 2022 (82.92) to Dec. 2023 (105.81). It may suggest that Equals Group delayed paying its suppliers.

Equals Group Days Payable Historical Data

The historical data trend for Equals 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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Equals Group Days Payable Chart

Equals Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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163.72

164.93

70.51

42.30

40.44

Equals 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															110.24	91.50	82.92	108.11	105.81

Competitive Comparison of Equals Group's Days Payable

For the Credit Services subindustry, Equals 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.

Equals Group's Days Payable Distribution in the Credit Services Industry

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

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

Equals 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.

Equals 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
=	( (4.767	+	4.847)	/	2 )	/	43.385	*	365
=	4.807					/	43.385	*	365
=	40.44

Equals 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
=	( (20.617	+	4.847)	/	2 )	/	21.96	*	365 / 2
=	12.732					/	21.96	*	365 / 2
=	105.81

Equals Group Days Payable Related Terms

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Equals Group (LSE:EQLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Equals Group PLC (LSE:EQLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2FX:Germany

Address

68 Upper Thames Street, 3rd Floor, Thames House, Vintners’ Place, London, GBR, EC4V 3BJ

Website

https://www.equalsplc.com

Equals Group PLC is a part of the financial service sector in the United Kingdom. The company's core business is the provision of foreign exchange payment services for individuals and corporates. Its operating segment includes Currency Cards; International Payments; Travel Cash and Banking, Solutions, Central. The company revenue is primarily derived from UK based customers.