Begbies Traynor Group (LSE:BEG) Days Payable : 11.32 (As of Oct. 2023)

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What is Begbies Traynor Group Days Payable?

Begbies Traynor Group's average Accounts Payable for the six months ended in Oct. 2023 was £2.4 Mil. Begbies Traynor Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £38.1 Mil. Hence, Begbies Traynor Group's Days Payable for the six months ended in Oct. 2023 was 11.32.

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

LSE:BEG' s Days Payable Range Over the Past 10 Years
Min: 8.98 Med: 17.33 Max: 106.8
Current: 10.29

During the past 13 years, Begbies Traynor Group's highest Days Payable was 106.80. The lowest was 8.98. And the median was 17.33.

LSE:BEG's Days Payable is ranked worse than
89.8% of 922 companies
in the Business Services industry
Industry Median: 47.71 vs LSE:BEG: 10.29

Begbies Traynor Group's Days Payable increased from Oct. 2022 (8.70) to Oct. 2023 (11.32). It may suggest that Begbies Traynor Group delayed paying its suppliers.

Begbies Traynor Group Days Payable Historical Data

The historical data trend for Begbies Traynor 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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Begbies Traynor Group Days Payable Chart

Begbies Traynor Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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92.37

9.64

9.69

8.98

10.04

Begbies Traynor Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															10.14	10.38	8.70	9.15	11.32

Competitive Comparison of Begbies Traynor Group's Days Payable

For the Specialty Business Services subindustry, Begbies Traynor 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.

Begbies Traynor Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Begbies Traynor Group's Days Payable distribution charts can be found below:

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

Begbies Traynor 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.

Begbies Traynor Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1.671	+	2.055)	/	2 )	/	67.7	*	365
=	1.863					/	67.7	*	365
=	10.04

Begbies Traynor Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (2.055	+	2.672)	/	2 )	/	38.096	*	365 / 2
=	2.3635					/	38.096	*	365 / 2
=	11.32

Begbies Traynor Group Days Payable Related Terms

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Begbies Traynor Group (LSE:BEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Begbies Traynor Group PLC (LSE:BEG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BEG.GB:UK

Address

340 Deansgate, Manchester, GBR, M3 4LY

Website

https://www.begbies-traynorgroup.com

Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal, and accounting sectors. The company is managed as two operating segments: insolvency and advisory services, and property advisory and transactional services. The group generates the majority of its revenue from insolvency and advisory services. The group's principal operations and markets are in the UK.

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