The Property Franchise Group (LSE:TPFG) Days Payable : 199.79 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is The Property Franchise Group Days Payable?

The Property Franchise Group's average Accounts Payable for the six months ended in Dec. 2023 was £3.49 Mil. The Property Franchise Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £3.19 Mil. Hence, The Property Franchise Group's Days Payable for the six months ended in Dec. 2023 was 199.79.

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

LSE:TPFG' s Days Payable Range Over the Past 10 Years
Min: 44.12 Med: 89.85 Max: 177.06
Current: 177.06

During the past 13 years, The Property Franchise Group's highest Days Payable was 177.06. The lowest was 44.12. And the median was 89.85.

LSE:TPFG's Days Payable is ranked better than
67.57% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs LSE:TPFG: 177.06

The Property Franchise Group's Days Payable declined from Dec. 2022 (216.01) to Dec. 2023 (199.79). It may suggest that The Property Franchise Group accelerated paying its suppliers.

The Property Franchise Group Days Payable Historical Data

The historical data trend for The Property Franchise 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.

* Premium members only.

The Property Franchise Group Days Payable Chart

The Property Franchise Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

138.25

157.61

44.12

75.56

97.93

The Property Franchise Group 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															224.53	224.96	216.01	236.29	199.79

Competitive Comparison of The Property Franchise Group's Days Payable

For the Real Estate Services subindustry, The Property Franchise 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.

The Property Franchise Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Property Franchise Group's Days Payable distribution charts can be found below:

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

The Property Franchise 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.

The Property Franchise Group'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
=	( (1.627	+	1.546)	/	2 )	/	5.913	*	365
=	1.5865					/	5.913	*	365
=	97.93

The Property Franchise Group'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
=	( (5.432	+	1.546)	/	2 )	/	3.187	*	365 / 2
=	3.489					/	3.187	*	365 / 2
=	199.79

The Property Franchise Group Days Payable Related Terms

Thank you for viewing the detailed overview of The Property Franchise Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

The Property Franchise Group (LSE:TPFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Property Franchise Group PLC (LSE:TPFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

St Stephen's Road, 2 St Stephen's Court, Bournemouth, Dorset, GBR, BH2 6LA

Website

https://www.thepropertyfranchisegroup.co.uk

The Property Franchise Group PLC is a UK-based company, engaged in the residential property franchising business. The principal activity of the group is the sale of franchises and the support of franchisees in supplying residential letting, sales, and property management services within the UK. Its brands include CJ Hole, Ellis & Co, Ewemove, Martin & Co, Parkers, and Whitegates. It derives the revenue from management service fees and the rest from franchise sales and others.

The Property Franchise Group (LSE:TPFG) Headlines

No Headlines