Intercede Group (LSE:IGP) Days Payable : 3,184.07 (As of Sep. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Intercede Group Days Payable?

Intercede Group's average Accounts Payable for the six months ended in Sep. 2023 was £1.15 Mil. Intercede Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.07 Mil. Hence, Intercede Group's Days Payable for the six months ended in Sep. 2023 was 3,184.07.

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

LSE:IGP' s Days Payable Range Over the Past 10 Years
Min: 282.58 Med: 1001.45 Max: 16348.96
Current: 10456.31

During the past 13 years, Intercede Group's highest Days Payable was 16348.96. The lowest was 282.58. And the median was 1001.45.

LSE:IGP's Days Payable is ranked better than
99.21% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:IGP: 10456.31

Intercede Group's Days Payable increased from Sep. 2022 (545.75) to Sep. 2023 (3,184.07). It may suggest that Intercede Group delayed paying its suppliers.

Intercede Group Days Payable Historical Data

The historical data trend for Intercede 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.

Intercede Group Days Payable Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

16,348.96

8,668.75

594.87

753.04

282.58

Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															1,856.70	1,569.85	545.75	-	3,184.07

Competitive Comparison of Intercede Group's Days Payable

For the Software - Application subindustry, Intercede 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.

Intercede Group's Days Payable Distribution in the Software Industry

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

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

Intercede 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.

Intercede Group'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
=	( (0.328	+	0.296)	/	2 )	/	0.403	*	365
=	0.312					/	0.403	*	365
=	282.58

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

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.296	+	2.007)	/	2 )	/	0.066000000000001	*	365 / 2
=	1.1515					/	0.066000000000001	*	365 / 2
=	3,184.07

Intercede Group Days Payable Related Terms

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

Intercede Group (LSE:IGP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

Intercede Group (LSE:IGP) Headlines

No Headlines