Inchcape (Inchcape) Days Payable : 96.53 (As of Dec. 2023)

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What is Inchcape Days Payable?

Inchcape's average Accounts Payable for the six months ended in Dec. 2023 was $3,244 Mil. Inchcape's Cost of Goods Sold for the six months ended in Dec. 2023 was $6,134 Mil. Hence, Inchcape's Days Payable for the six months ended in Dec. 2023 was 96.53.

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

IHCPF' s Days Payable Range Over the Past 10 Years
Min: 18.4 Med: 72.35 Max: 96.7
Current: 89.25

During the past 13 years, Inchcape's highest Days Payable was 96.70. The lowest was 18.40. And the median was 72.35.

IHCPF's Days Payable is ranked better than
67.41% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs IHCPF: 89.25

Inchcape's Days Payable declined from Dec. 2022 (98.55) to Dec. 2023 (96.53). It may suggest that Inchcape accelerated paying its suppliers.

Inchcape Days Payable Historical Data

The historical data trend for Inchcape'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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Inchcape Days Payable Chart

Inchcape Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.08

95.18

68.46

79.13

76.90

Inchcape 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															88.11	85.03	98.55	91.49	96.53

Competitive Comparison of Inchcape's Days Payable

For the Auto & Truck Dealerships subindustry, Inchcape'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.

Inchcape's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Inchcape's Days Payable distribution charts can be found below:

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

Inchcape 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.

Inchcape'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
=	( (2242.387	+	2829.114)	/	2 )	/	12035.443	*	365
=	2535.7505					/	12035.443	*	365
=	76.90

Inchcape'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
=	( (3659.722	+	2829.114)	/	2 )	/	6133.924	*	365 / 2
=	3244.418					/	6133.924	*	365 / 2
=	96.53

Inchcape Days Payable Related Terms

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Inchcape (Inchcape) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inchcape PLC (OTCPK:IHCPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

INCHl:UK INCH:UK IJCA:Germany

Address

22a St James's Square, London, GBR, SW1Y 5LP

Website

https://www.inchcape.com

Inchcape PLC, headquartered in the United Kingdom, is a distributor and retailer of premium and luxury automobiles through partnerships with original equipment manufacturers (OEMs). The company has four reportable segments and two operating business units: distribution and retail. The distribution segment delivers new vehicles and parts in three geographies (Europe, Asia Pacific (APAC), the Americas, and Africa) and provides associated marketing and logistics operations. The retail segment sells new and used vehicles in the U.K. and Europe. The company's profitable revenue sources are distribution services performed in APAC and retail services in the U.K. and Europe.