GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zenova Group PLC (LSE:ZED) » Definitions » Days Payable

Zenova Group (LSE:ZED) Days Payable : 429.93 (As of May. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Zenova Group Days Payable?

Zenova Group's average Accounts Payable for the six months ended in May. 2023 was £0.12 Mil. Zenova Group's Cost of Goods Sold for the six months ended in May. 2023 was £0.05 Mil. Hence, Zenova Group's Days Payable for the six months ended in May. 2023 was 429.93.

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

LSE:ZED' s Days Payable Range Over the Past 10 Years
Min: 375.9   Med: 375.9   Max: 518.21
Current: 518.21

During the past 3 years, Zenova Group's highest Days Payable was 518.21. The lowest was 375.90. And the median was 375.90.

LSE:ZED's Days Payable is ranked better than
98.61% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs LSE:ZED: 518.21

Zenova Group's Days Payable increased from May. 2022 (393.82) to May. 2023 (429.93). It may suggest that Zenova Group delayed paying its suppliers.


Zenova Group Days Payable Historical Data

The historical data trend for Zenova 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.

Zenova Group Days Payable Chart

Zenova Group Annual Data
Trend Nov20 Nov21 Nov22
Days Payable
- - 375.90

Zenova Group Semi-Annual Data
May21 Nov21 May22 Nov22 May23
Days Payable - - 393.82 547.50 429.93

Competitive Comparison of Zenova Group's Days Payable

For the Specialty Chemicals subindustry, Zenova 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.


Zenova Group's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zenova Group's Days Payable distribution charts can be found below:

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



Zenova 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.

Zenova Group's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

Days Payable (A: Nov. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2021 ) + Accounts Payable (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (0.064 + 0.074) / 2 ) / 0.067*365
=0.069 / 0.067*365
=375.90

Zenova Group's Days Payable for the quarter that ended in May. 2023 is calculated as:

Days Payable (Q: May. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (0.074 + 0.171) / 2 ) / 0.052*365 / 2
=0.1225 / 0.052*365 / 2
=429.93

* 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.


Zenova Group Days Payable Related Terms

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


Zenova Group (LSE:ZED) Business Description

Traded in Other Exchanges
N/A
Address
172 Arlington Road, London, GBR, NW1 7HL
Zenova Group PLC is engaged in the development, manufacture and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.

Zenova Group (LSE:ZED) Headlines

No Headlines