Pinewood Technologies Group (LSE:PINE) Days Payable : 81.47 (As of Jun. 2023)

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What is Pinewood Technologies Group Days Payable?

Pinewood Technologies Group's average Accounts Payable for the six months ended in Jun. 2023 was £821 Mil. Pinewood Technologies Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £1,839 Mil. Hence, Pinewood Technologies Group's Days Payable for the six months ended in Jun. 2023 was 81.47.

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

LSE:PINE' s Days Payable Range Over the Past 10 Years
Min: 83.74 Med: 91.93 Max: 125.67
Current: 85.85

During the past 13 years, Pinewood Technologies Group's highest Days Payable was 125.67. The lowest was 83.74. And the median was 91.93.

LSE:PINE's Days Payable is ranked better than
65.66% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs LSE:PINE: 85.85

Pinewood Technologies Group's Days Payable declined from Jun. 2022 (81.54) to Jun. 2023 (81.47). It may suggest that Pinewood Technologies Group accelerated paying its suppliers.

Pinewood Technologies Group Days Payable Historical Data

The historical data trend for Pinewood Technologies 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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Pinewood Technologies Group Days Payable Chart

Pinewood Technologies Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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107.99

88.75

125.67

93.43

86.82

Pinewood Technologies Group 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															92.96	95.38	81.54	91.93	81.47

Competitive Comparison of Pinewood Technologies Group's Days Payable

For the Auto & Truck Dealerships subindustry, Pinewood Technologies 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.

Pinewood Technologies Group's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pinewood Technologies Group's Days Payable distribution charts can be found below:

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

Pinewood Technologies 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.

Pinewood Technologies Group'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
=	( (692.7	+	812)	/	2 )	/	3162.8	*	365
=	752.35					/	3162.8	*	365
=	86.82

Pinewood Technologies Group'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
=	( (812	+	830.1)	/	2 )	/	1839.2	*	365 / 2
=	821.05					/	1839.2	*	365 / 2
=	81.47

Pinewood Technologies Group Days Payable Related Terms

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Pinewood Technologies Group (LSE:PINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pinewood Technologies Group PLC (LSE:PINE) » Definitions » Days Payable

Comparable Companies

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PDGNF:USA PDGl:UK

Address

2 Oakwood Court, Little Oak Drive, Loxley House, Annesley, Nottingham, GBR, NG15 0DR

Website

https://www.pendragonplc.com

Pendragon PLC sells leases and services used and new vehicles almost exclusively in the United Kingdom. Its operating segments include Car Store, which sells used vehicles; franchised motor, which sells and services vehicles in the U.K.; software, which licenses software to global automotive business users to make dealerships more efficient; and leasing, which provides fleet vehicles, contract hire for cars and vans, and US Motor. Its franchised motor segment generates the most revenue for the company.