Microsaic Systems (LSE:MSYS) Days Payable : 200.12 (As of Jun. 2023)

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What is Microsaic Systems Days Payable?

Microsaic Systems's average Accounts Payable for the six months ended in Jun. 2023 was £0.16 Mil. Microsaic Systems's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.15 Mil. Hence, Microsaic Systems's Days Payable for the six months ended in Jun. 2023 was 200.12.

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

LSE:MSYS' s Days Payable Range Over the Past 10 Years
Min: 53.31 Med: 160.43 Max: 294.23
Current: 183.55

During the past 13 years, Microsaic Systems's highest Days Payable was 294.23. The lowest was 53.31. And the median was 160.43.

LSE:MSYS's Days Payable is ranked better than
89.08% of 2418 companies
in the Hardware industry
Industry Median: 68.005 vs LSE:MSYS: 183.55

Microsaic Systems's Days Payable increased from Jun. 2022 (184.01) to Jun. 2023 (200.12). It may suggest that Microsaic Systems delayed paying its suppliers.

Microsaic Systems Days Payable Historical Data

The historical data trend for Microsaic Systems'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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Microsaic Systems Days Payable Chart

Microsaic Systems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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84.73

53.31

294.23

101.66

97.00

Microsaic Systems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															39.22	148.58	184.01	137.59	200.12

Competitive Comparison of Microsaic Systems's Days Payable

For the Scientific & Technical Instruments subindustry, Microsaic Systems'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.

Microsaic Systems's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microsaic Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Microsaic Systems's Days Payable falls into.

Microsaic Systems 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.

Microsaic Systems'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
=	( (0.23	+	0.099)	/	2 )	/	0.619	*	365
=	0.1645					/	0.619	*	365
=	97.00

Microsaic Systems'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
=	( (0.099	+	0.219)	/	2 )	/	0.145	*	365 / 2
=	0.159					/	0.145	*	365 / 2
=	200.12

Microsaic Systems Days Payable Related Terms

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Microsaic Systems (LSE:MSYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microsaic Systems PLC (LSE:MSYS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Boundary Road, GMS House, Woking, Surrey, GBR, GU21 5BX

Website

https://www.microsaic.com

Microsaic Systems PLC is a technology company. It is involved in the commercialization and development of miniaturized micro-engineering equipment, originally for mass spectrometry instruments but now to include integration of AI and Internet of Things analytical sensors for existing and new clients to generate recurring shared revenues for monitoring across biologic bio-processing, environmental and human health and likely to extend to aviation, the food industry and oil & gas sectors. The company has one business segment, being the research, development and commercialization of scientific instruments. It derives revenue from sales of products, consumables and services and support income.

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