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Thruvision Group (LSE:THRU) Days Payable : 171.12 (As of Sep. 2023)


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What is Thruvision Group Days Payable?

Thruvision Group's average Accounts Payable for the six months ended in Sep. 2023 was £1.80 Mil. Thruvision Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £1.92 Mil. Hence, Thruvision Group's Days Payable for the six months ended in Sep. 2023 was 171.12.

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

LSE:THRU' s Days Payable Range Over the Past 10 Years
Min: 54.92   Med: 111.04   Max: 1584.21
Current: 109.66

During the past 13 years, Thruvision Group's highest Days Payable was 1584.21. The lowest was 54.92. And the median was 111.04.

LSE:THRU's Days Payable is ranked better than
77.25% of 923 companies
in the Business Services industry
Industry Median: 47.5 vs LSE:THRU: 109.66

Thruvision Group's Days Payable declined from Sep. 2022 (187.37) to Sep. 2023 (171.12). It may suggest that Thruvision Group accelerated paying its suppliers.


Thruvision Group Days Payable Historical Data

The historical data trend for Thruvision 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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Thruvision Group Days Payable Chart

Thruvision Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.49 91.08 84.34 59.01 54.92

Thruvision Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 235.46 62.77 187.37 68.16 171.12

Competitive Comparison of Thruvision Group's Days Payable

For the Security & Protection Services subindustry, Thruvision 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.


Thruvision Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thruvision Group's Days Payable distribution charts can be found below:

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



Thruvision 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.

Thruvision Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.866 + 1.115) / 2 ) / 6.583*365
=0.9905 / 6.583*365
=54.92

Thruvision Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.115 + 2.493) / 2 ) / 1.924*365 / 2
=1.804 / 1.924*365 / 2
=171.12

* 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.


Thruvision Group Days Payable Related Terms

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Thruvision Group (LSE:THRU) Business Description

Traded in Other Exchanges
Address
121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA
Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, and the Rest of World. Its product includes TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

Thruvision Group (LSE:THRU) Headlines

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