Arcontech Group (LSE:ARC) Days Payable : 0.00 (As of Dec. 2023)

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What is Arcontech Group Days Payable?

Arcontech Group's average Accounts Payable for the six months ended in Dec. 2023 was £0.04 Mil. Arcontech Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.00 Mil.

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

LSE:ARC's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.42
* Ranked among companies with meaningful Days Payable only.

Arcontech Group's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Arcontech Group Days Payable Historical Data

The historical data trend for Arcontech 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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Arcontech Group Days Payable Chart

Arcontech Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Arcontech Group 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															-	-	-	-	-

Competitive Comparison of Arcontech Group's Days Payable

For the Software - Application subindustry, Arcontech 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.

Arcontech Group's Days Payable Distribution in the Software Industry

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

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

Arcontech 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.

Arcontech 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
=	( (0.078	+	0.045)	/	2 )	/	0	*	365
=	0.0615					/	0	*	365
=	N/A

Arcontech 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
=	( (0.045	+	0.027)	/	2 )	/	0	*	365 / 2
=	0.036					/	0	*	365 / 2
=	N/A

Arcontech Group Days Payable Related Terms

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Arcontech Group (LSE:ARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arcontech Group PLC (LSE:ARC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-21 Paul Street, 1st Floor, London, GBR, EC2A 4JU

Website

https://www.arcontech.com

Arcontech Group PLC is a real-time software company. The company develops and sells products and bespoke systems for collection, processing, distribution and presentation and time-sensitive financial markets data and provides computer consultancy services. Its products include Cityvision, Excelerator, Cityvison Cache, Cityvision Relay etc. The company has a software development and license fees segment. It operates in UK, Europe (excluding UK), Africa, North America, Australia, and Asia Pacific.