Xeros Technology Group (LSE:XSG) Days Payable : 4,532.08 (As of Dec. 2023)

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What is Xeros Technology Group Days Payable?

Xeros Technology Group's average Accounts Payable for the six months ended in Dec. 2023 was £0.60 Mil. Xeros Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.02 Mil. Hence, Xeros Technology Group's Days Payable for the six months ended in Dec. 2023 was 4,532.08.

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

LSE:XSG' s Days Payable Range Over the Past 10 Years
Min: 57.28 Med: 594.64 Max: 5044.49
Current: 5044.49

During the past 12 years, Xeros Technology Group's highest Days Payable was 5044.49. The lowest was 57.28. And the median was 594.64.

LSE:XSG's Days Payable is ranked better than
99.62% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs LSE:XSG: 5044.49

Xeros Technology Group's Days Payable declined from Dec. 2022 (4,678.41) to Dec. 2023 (4,532.08). It may suggest that Xeros Technology Group accelerated paying its suppliers.

Xeros Technology Group Days Payable Historical Data

The historical data trend for Xeros Technology 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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Xeros Technology Group Days Payable Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.44

842.28

1,819.33

2,205.97

2,576.06

Xeros Technology Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															1,958.27	3,836.74	4,678.41	4,934.02	4,532.08

Competitive Comparison of Xeros Technology Group's Days Payable

For the Specialty Industrial Machinery subindustry, Xeros Technology 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.

Xeros Technology Group's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xeros Technology Group's Days Payable distribution charts can be found below:

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

Xeros Technology 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.

Xeros Technology 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
=	( (0.528	+	0.206)	/	2 )	/	0.052	*	365
=	0.367					/	0.052	*	365
=	2,576.06

Xeros Technology 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
=	( (0.986	+	0.206)	/	2 )	/	0.024	*	365 / 2
=	0.596					/	0.024	*	365 / 2
=	4,532.08

Xeros Technology Group Days Payable Related Terms

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Xeros Technology Group (LSE:XSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (LSE:XSG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2, Evolution, Advanced Manufacturing Park,, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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