Manolete Partners (Manolete Partners) Days Payable : 20.45 (As of Sep. 2023)

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What is Manolete Partners Days Payable?

Manolete Partners's average Accounts Payable for the six months ended in Sep. 2023 was $0.86 Mil. Manolete Partners's Cost of Goods Sold for the six months ended in Sep. 2023 was $7.72 Mil. Hence, Manolete Partners's Days Payable for the six months ended in Sep. 2023 was 20.45.

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

MANOF' s Days Payable Range Over the Past 10 Years
Min: 14.29 Med: 21.33 Max: 35.38
Current: 16.75

During the past 8 years, Manolete Partners's highest Days Payable was 35.38. The lowest was 14.29. And the median was 21.33.

MANOF's Days Payable is ranked worse than
82.7% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs MANOF: 16.75

Manolete Partners's Days Payable increased from Sep. 2022 (18.84) to Sep. 2023 (20.45). It may suggest that Manolete Partners delayed paying its suppliers.

Manolete Partners Days Payable Historical Data

The historical data trend for Manolete Partners'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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Manolete Partners Days Payable Chart

Manolete Partners Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.39

13.72

26.93

17.08

Manolete Partners Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial										32.59	30.26	18.84	14.48	20.45

Competitive Comparison of Manolete Partners's Days Payable

For the Consulting Services subindustry, Manolete Partners'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.

Manolete Partners's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Manolete Partners's Days Payable falls into.

Manolete Partners 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.

Manolete Partners's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.967	+	0.973)	/	2 )	/	20.73	*	365
=	0.97					/	20.73	*	365
=	17.08

Manolete Partners's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.973	+	0.756)	/	2 )	/	7.716	*	365 / 2
=	0.8645					/	7.716	*	365 / 2
=	20.45

Manolete Partners Days Payable Related Terms

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Manolete Partners (Manolete Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Manolete Partners PLC (OTCPK:MANOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MANO:UK 2BE:Germany

Address

21 Gloucester Place, London, GBR, W1U 8HR

Website

https://www.manolete-partners.com

Manolete Partners PLC is a United Kingdom-based company. The principal activity of the company is the acquisition and funding of insolvency litigation.