GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Keystone Law Group PLC (LSE:KEYS) » Definitions » Days Payable

Keystone Law Group (LSE:KEYS) Days Payable : 78.38 (As of Jan. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Keystone Law Group Days Payable?

Keystone Law Group's average Accounts Payable for the six months ended in Jan. 2024 was £14.56 Mil. Keystone Law Group's Cost of Goods Sold for the six months ended in Jan. 2024 was £33.89 Mil. Hence, Keystone Law Group's Days Payable for the six months ended in Jan. 2024 was 78.38.

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

LSE:KEYS' s Days Payable Range Over the Past 10 Years
Min: 47.43   Med: 57.96   Max: 105.96
Current: 70.22

During the past 10 years, Keystone Law Group's highest Days Payable was 105.96. The lowest was 47.43. And the median was 57.96.

LSE:KEYS's Days Payable is ranked better than
64.1% of 922 companies
in the Business Services industry
Industry Median: 47.445 vs LSE:KEYS: 70.22

Keystone Law Group's Days Payable declined from Jan. 2023 (80.18) to Jan. 2024 (78.38). It may suggest that Keystone Law Group accelerated paying its suppliers.


Keystone Law Group Days Payable Historical Data

The historical data trend for Keystone Law 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.

* Premium members only.

Keystone Law Group Days Payable Chart

Keystone Law Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.78 60.08 51.39 51.48 48.92

Keystone Law Group Semi-Annual Data
Jan15 Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 74.87 83.78 80.18 83.59 78.38

Competitive Comparison of Keystone Law Group's Days Payable

For the Specialty Business Services subindustry, Keystone Law 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.


Keystone Law Group's Days Payable Distribution in the Business Services Industry

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

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



Keystone Law 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.

Keystone Law Group's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (8.466 + 8.984) / 2 ) / 65.102*365
=8.725 / 65.102*365
=48.92

Keystone Law Group's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (20.126 + 8.984) / 2 ) / 33.889*365 / 2
=14.555 / 33.889*365 / 2
=78.38

* 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.


Keystone Law Group Days Payable Related Terms

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


Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.