Supply@ME Capital (LSE:SYME) Days Payable : 661.24 (As of Dec. 2023)

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What is Supply@ME Capital Days Payable?

Supply@ME Capital's average Accounts Payable for the six months ended in Dec. 2023 was £1.51 Mil. Supply@ME Capital's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.42 Mil. Hence, Supply@ME Capital's Days Payable for the six months ended in Dec. 2023 was 661.24.

The historical rank and industry rank for Supply@ME Capital's Days Payable or its related term are showing as below:

LSE:SYME' s Days Payable Range Over the Past 10 Years
Min: 487.57 Med: 1066.25 Max: 3772.99
Current: 1056.87

During the past 5 years, Supply@ME Capital's highest Days Payable was 3772.99. The lowest was 487.57. And the median was 1066.25.

LSE:SYME's Days Payable is ranked better than
95.73% of 2532 companies
in the Software industry
Industry Median: 50.145 vs LSE:SYME: 1056.87

Supply@ME Capital's Days Payable declined from Dec. 2022 (2,208.25) to Dec. 2023 (661.24). It may suggest that Supply@ME Capital accelerated paying its suppliers.

Supply@ME Capital Days Payable Historical Data

The historical data trend for Supply@ME Capital'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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Supply@ME Capital Days Payable Chart

Supply@ME Capital Annual Data

Trend

Mar19

Dec20

Dec21

Dec22

Dec23

Days Payable

3,772.99

497.12

487.57

1,779.11

1,066.25

Supply@ME Capital Semi-Annual Data
	Mar19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					503.92	1,310.41	2,208.25	1,935.49	661.24

Competitive Comparison of Supply@ME Capital's Days Payable

For the Software - Application subindustry, Supply@ME Capital'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.

Supply@ME Capital's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Supply@ME Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Supply@ME Capital's Days Payable falls into.

Supply@ME Capital 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.

Supply@ME Capital'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
=	( (2.209	+	1.314)	/	2 )	/	0.603	*	365
=	1.7615					/	0.603	*	365
=	1,066.25

Supply@ME Capital'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
=	( (1.715	+	1.314)	/	2 )	/	0.418	*	365 / 2
=	1.5145					/	0.418	*	365 / 2
=	661.24

Supply@ME Capital Days Payable Related Terms

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Supply@ME Capital (LSE:SYME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Supply@ME Capital PLC (LSE:SYME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IE6B:Germany

Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.supplymecapital.com

Supply@ME Capital PLC is an inventory monetization company. It helps companies manage their working capital related issues and inventory management. The company provides a digital platform for inventory monitoring. operating segments are inventory monetisation and investment advisory.

Supply@ME Capital (LSE:SYME) Headlines

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