Maintel Holdings (LSE:MAI) Days Payable : 144.07 (As of Dec. 2023)

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What is Maintel Holdings Days Payable?

Maintel Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £30.4 Mil. Maintel Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £38.5 Mil. Hence, Maintel Holdings's Days Payable for the six months ended in Dec. 2023 was 144.07.

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

LSE:MAI' s Days Payable Range Over the Past 10 Years
Min: 48.95 Med: 55.81 Max: 144.34
Current: 138.06

During the past 13 years, Maintel Holdings's highest Days Payable was 144.34. The lowest was 48.95. And the median was 55.81.

LSE:MAI's Days Payable is ranked better than
62.9% of 345 companies
in the Telecommunication Services industry
Industry Median: 102.31 vs LSE:MAI: 138.06

Maintel Holdings's Days Payable declined from Dec. 2022 (177.19) to Dec. 2023 (144.07). It may suggest that Maintel Holdings accelerated paying its suppliers.

Maintel Holdings Days Payable Historical Data

The historical data trend for Maintel Holdings'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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Maintel Holdings Days Payable Chart

Maintel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.50

48.95

52.90

85.22

81.82

Maintel Holdings 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															161.86	156.82	177.19	193.23	144.07

Competitive Comparison of Maintel Holdings's Days Payable

For the Telecom Services subindustry, Maintel Holdings'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.

Maintel Holdings's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maintel Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Maintel Holdings's Days Payable falls into.

Maintel Holdings 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.

Maintel Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (18.631	+	12.761)	/	2 )	/	70.022	*	365
=	15.696					/	70.022	*	365
=	81.82

Maintel Holdings'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
=	( (48.066	+	12.761)	/	2 )	/	38.525	*	365 / 2
=	30.4135					/	38.525	*	365 / 2
=	144.07

Maintel Holdings Days Payable Related Terms

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Maintel Holdings (LSE:MAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maintel Holdings PLC (LSE:MAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Blackfriars Road, London, GBR, SE1 8EZ

Website

https://www.maintel.co.uk

Maintel Holdings PLC provides communication solutions to mid-market and enterprise businesses either on-premise or cloud-based. The company's service portfolio comprises unified communications, contact center solutions, document solutions, workforce optimization, local and wide area networking and security, mobile, and voice services, and managed print services. The company organizes its operations into three business segments namely Managed service and technology; Network services and Mobile services. It derives maximum revenue from the Managed service and technology segment. Geographically, It operates in the United Kingdom, the European Union, and the Rest of the world.

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