GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (NYSE:CZOO) » Definitions » Days Payable

Cazoo Group (Cazoo Group) Days Payable : 16.76 (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Cazoo Group Days Payable?

Cazoo Group's average Accounts Payable for the six months ended in Jun. 2023 was $46 Mil. Cazoo Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $500 Mil. Hence, Cazoo Group's Days Payable for the six months ended in Jun. 2023 was 16.76.

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

CZOO' s Days Payable Range Over the Past 10 Years
Min: 7.44   Med: 14.08   Max: 303.48
Current: 24.89

During the past 4 years, Cazoo Group's highest Days Payable was 303.48. The lowest was 7.44. And the median was 14.08.

CZOO's Days Payable is ranked worse than
89.14% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs CZOO: 24.89

Cazoo Group's Days Payable declined from Jun. 2022 (27.13) to Jun. 2023 (16.76). It may suggest that Cazoo Group accelerated paying its suppliers.


Cazoo Group Days Payable Historical Data

The historical data trend for Cazoo 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.

Cazoo Group Days Payable Chart

Cazoo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
303.48 16.02 12.13 7.44

Cazoo Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial 13.94 12.60 27.13 22.41 16.76

Competitive Comparison of Cazoo Group's Days Payable

For the Auto & Truck Dealerships subindustry, Cazoo 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.


Cazoo Group's Days Payable Distribution in the Vehicles & Parts Industry

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

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



Cazoo 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.

Cazoo Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (38.862 + 22.096) / 2 ) / 1496.131*365
=30.479 / 1496.131*365
=7.44

Cazoo Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (22.096 + 69.684) / 2 ) / 499.721*365 / 2
=45.89 / 499.721*365 / 2
=16.76

* 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.


Cazoo Group Days Payable Related Terms

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


Cazoo Group (Cazoo Group) Business Description

Traded in Other Exchanges
N/A
Address
41 Chalton Street, London, GBR, NW1 1JD
Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.

Cazoo Group (Cazoo Group) Headlines