WT Financial Group (ASX:WTL) Days Payable : 30.29 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is WT Financial Group Days Payable?

WT Financial Group's average Accounts Payable for the six months ended in Dec. 2023 was A$11.9 Mil. WT Financial Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$71.6 Mil. Hence, WT Financial Group's Days Payable for the six months ended in Dec. 2023 was 30.29.

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

ASX:WTL' s Days Payable Range Over the Past 10 Years
Min: 21.09 Med: 62.55 Max: 136.88
Current: 32.78

During the past 9 years, WT Financial Group's highest Days Payable was 136.88. The lowest was 21.09. And the median was 62.55.

ASX:WTL's Days Payable is ranked worse than
73.19% of 470 companies
in the Asset Management industry
Industry Median: 73.765 vs ASX:WTL: 32.78

WT Financial Group's Days Payable increased from Dec. 2022 (29.72) to Dec. 2023 (30.29). It may suggest that WT Financial Group delayed paying its suppliers.

WT Financial Group Days Payable Historical Data

The historical data trend for WT Financial 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.

WT Financial Group Days Payable Chart

WT Financial Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

62.55

53.27

37.24

21.09

24.74

WT Financial Group Semi-Annual Data
	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													24.33	25.16	29.72	31.54	30.29

Competitive Comparison of WT Financial Group's Days Payable

For the Asset Management subindustry, WT Financial 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.

WT Financial Group's Days Payable Distribution in the Asset Management Industry

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

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

WT Financial 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.

WT Financial Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (9.862	+	9.848)	/	2 )	/	145.404	*	365
=	9.855					/	145.404	*	365
=	24.74

WT Financial 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
=	( (9.848	+	13.914)	/	2 )	/	71.574	*	365 / 2
=	11.881					/	71.574	*	365 / 2
=	30.29

WT Financial Group Days Payable Related Terms

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

WT Financial Group (ASX:WTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WT Financial Group Ltd (ASX:WTL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000

Website

https://www.wtfglimited.com

WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes B2B and B2C. It includes financial planning, investment advice and product sales; Accounting and taxation services, and others. It generates maximum revenue from the financial planning, investment advice and product sales segment. Its Financial planning, investment advice and product sales segment include the provision of a diverse range of financial services encompassing financial planning in self-managed superannuation funds (SMSFs) and direct and SMSF residential real estate investment.

WT Financial Group (ASX:WTL) Headlines

No Headlines