Aitken Spence (COL:SPEN.N0000) Days Payable : 118.83 (As of Dec. 2023)

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What is Aitken Spence Days Payable?

Aitken Spence's average Accounts Payable for the three months ended in Dec. 2023 was රු23,639 Mil. Aitken Spence's Cost of Goods Sold for the three months ended in Dec. 2023 was රු18,153 Mil. Hence, Aitken Spence's Days Payable for the three months ended in Dec. 2023 was 118.83.

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

COL:SPEN.N0000' s Days Payable Range Over the Past 10 Years
Min: 36.18 Med: 45.55 Max: 139.99
Current: 111.35

During the past 13 years, Aitken Spence's highest Days Payable was 139.99. The lowest was 36.18. And the median was 45.55.

COL:SPEN.N0000's Days Payable is ranked better than
77.61% of 469 companies
in the Conglomerates industry
Industry Median: 59.22 vs COL:SPEN.N0000: 111.35

Aitken Spence's Days Payable declined from Dec. 2022 (147.17) to Dec. 2023 (118.83). It may suggest that Aitken Spence accelerated paying its suppliers.

Aitken Spence Days Payable Historical Data

The historical data trend for Aitken Spence'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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Aitken Spence Days Payable Chart

Aitken Spence Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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38.84

38.65

46.50

44.60

37.45

Aitken Spence Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															147.17	79.55	88.37	128.92	118.83

Competitive Comparison of Aitken Spence's Days Payable

For the Conglomerates subindustry, Aitken Spence'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.

Aitken Spence's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's Days Payable distribution charts can be found below:

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

Aitken Spence 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.

Aitken Spence'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
=	( (6162.55	+	7295.221)	/	2 )	/	65584.817	*	365
=	6728.8855					/	65584.817	*	365
=	37.45

Aitken Spence'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21617.202	+	25660.493)	/	2 )	/	18153.015	*	365 / 4
=	23638.8475					/	18153.015	*	365 / 4
=	118.83

Aitken Spence Days Payable Related Terms

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Aitken Spence (COL:SPEN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aitken Spence PLC (COL:SPEN.N0000) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02

Website

https://www.aitkenspence.com

Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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