SIG (LSE:SHI) Days Payable : 67.00 (As of Dec. 2023)

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What is SIG Days Payable?

SIG's average Accounts Payable for the six months ended in Dec. 2023 was £368 Mil. SIG's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,003 Mil. Hence, SIG's Days Payable for the six months ended in Dec. 2023 was 67.00.

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

LSE:SHI' s Days Payable Range Over the Past 10 Years
Min: 42.67 Med: 50.74 Max: 72.42
Current: 60.55

During the past 13 years, SIG's highest Days Payable was 72.42. The lowest was 42.67. And the median was 50.74.

LSE:SHI's Days Payable is ranked better than
56.94% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs LSE:SHI: 60.55

SIG's Days Payable declined from Dec. 2022 (67.72) to Dec. 2023 (67.00). It may suggest that SIG accelerated paying its suppliers.

SIG Days Payable Historical Data

The historical data trend for SIG'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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SIG Days Payable Chart

SIG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.42

66.88

45.00

46.58

48.06

SIG 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															66.64	64.12	67.72	66.61	67.00

Competitive Comparison of SIG's Days Payable

For the Industrial Distribution subindustry, SIG'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.

SIG's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SIG's Days Payable distribution charts can be found below:

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

SIG 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.

SIG'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
=	( (289.6	+	253.3)	/	2 )	/	2061.6	*	365
=	271.45					/	2061.6	*	365
=	48.06

SIG'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
=	( (483.1	+	253.3)	/	2 )	/	1003	*	365 / 2
=	368.2					/	1003	*	365 / 2
=	67.00

SIG Days Payable Related Terms

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SIG (LSE:SHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » SIG PLC (LSE:SHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHIl:UK QIG:Germany

Address

16 Europa View, Adsetts House, Sheffield Business Park, Sheffield, GBR, S9 1XH

Website

https://www.sigplc.com

SIG PLC is a United Kingdom-based company that distributes specialized building materials. The company operates in two segments: interiors, which supplies insulation and interiors products and solutions to the construction industry; and exteriors, which supplies roofing materials to small and medium-sized construction businesses. The company operates internationally in the United Kingdom, France, Germany, Benelux, Poland, and Ireland.

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