Bango (BGOPF) Days Payable : 773.25 (As of Dec. 2023)

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What is Bango Days Payable?

Bango's average Accounts Payable for the six months ended in Dec. 2023 was $18.85 Mil. Bango's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.45 Mil. Hence, Bango's Days Payable for the six months ended in Dec. 2023 was 773.25.

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

BGOPF' s Days Payable Range Over the Past 10 Years
Min: 146.68 Med: 1583.93 Max: 228946.25
Current: 941.9

During the past 13 years, Bango's highest Days Payable was 228946.25. The lowest was 146.68. And the median was 1583.93.

BGOPF's Days Payable is ranked better than
95.49% of 2525 companies
in the Software industry
Industry Median: 50.65 vs BGOPF: 941.90

Bango's Days Payable declined from Dec. 2022 (908.69) to Dec. 2023 (773.25). It may suggest that Bango accelerated paying its suppliers.

Bango Days Payable Historical Data

The historical data trend for Bango'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.

Bango Days Payable Chart

Bango Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13,025.45

2,205.11

371.97

928.15

634.16

Bango 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															605.19	996.51	908.69	1,760.23	773.25

Competitive Comparison of Bango's Days Payable

For the Software - Infrastructure subindustry, Bango'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.

Bango's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Bango's Days Payable distribution charts can be found below:

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

Bango 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.

Bango'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
=	( (11.938	+	10.565)	/	2 )	/	6.476	*	365
=	11.2515					/	6.476	*	365
=	634.16

Bango'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
=	( (27.144	+	10.565)	/	2 )	/	4.45	*	365 / 2
=	18.8545					/	4.45	*	365 / 2
=	773.25

Bango Days Payable Related Terms

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Bango (BGOPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bango PLC (OTCPK:BGOPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BGO:UK

Address

100 Hills Road, Cambridge, GBR, CB2 1PH

Website

https://www.bango.com

Bango PLC offers mobile internet payments platform. The company develops, markets, and distributes technology to enable mobile phone users to make payments for content and media on connected devices. Its primary product is Bango Payment Platform, which provides app stores and content providers with direct billing connections to mobile operators around the world. In addition, it has also developed Bango Boost and Bango Dashboard. The company has operational footprints across the United Kingdom, European Union, USA and Canada, Indonesia, and the Rest of the World.