Plenti Group (ASX:PLT) Days Payable : 0.00 (As of Mar. 2024)

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What is Plenti Group Days Payable?

Plenti Group's average Accounts Payable for the six months ended in Mar. 2024 was A$5.6 Mil. Plenti Group's Cost of Goods Sold for the six months ended in Mar. 2024 was A$0.0 Mil.

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

ASX:PLT's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 48.93
* Ranked among companies with meaningful Days Payable only.

Plenti Group's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Plenti Group Days Payable Historical Data

The historical data trend for Plenti 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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Plenti Group Days Payable Chart

Plenti Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Plenti Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Plenti Group's Days Payable

For the Credit Services subindustry, Plenti 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.

Plenti Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Plenti Group's Days Payable distribution charts can be found below:

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

Plenti 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.

Plenti Group's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (4.957	+	5.339)	/	2 )	/	0	*	365
=	5.148					/	0	*	365
=	N/A

Plenti Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.763	+	5.339)	/	2 )	/	0	*	365 / 2
=	5.551					/	0	*	365 / 2
=	N/A

Plenti Group Days Payable Related Terms

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Plenti Group (ASX:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Plenti Group Ltd (ASX:PLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Martin Place, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.plenti.com.au

Plenti Group Ltd is a technology-led consumer lending and investment company. The company offers loan products under three verticals namely, Automotive lending provides finance to personal and commercial customers for the purchase of new or used motor vehicles; Renewable energy lending provides finance to Australian households for the purchase and installation of renewable energy products such as solar panels and batteries; and Personal lending provides fixed-term, unsecured, interest-bearing loans used for purposes such as debt consolidation, home improvement, travel expenses, major events, medical expenses, and other purposes.

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