Spotless Group Holdings (Spotless Group Holdings) Days Payable : 224.22 (As of Jun. 2019)

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What is Spotless Group Holdings Days Payable?

Spotless Group Holdings's average Accounts Payable for the six months ended in Jun. 2019 was $221.06 Mil. Spotless Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2019 was $179.93 Mil. Hence, Spotless Group Holdings's Days Payable for the six months ended in Jun. 2019 was 224.22.

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

SPTGY' s Days Payable Range Over the Past 10 Years
Min: 184.35 Med: 225.96 Max: 293.84
Current: 184.35

During the past 7 years, Spotless Group Holdings's highest Days Payable was 293.84. The lowest was 184.35. And the median was 225.96.

SPTGY's Days Payable is not ranked
in the Business Services industry.
Industry Median: 47.92 vs SPTGY: 184.35

Spotless Group Holdings's Days Payable declined from Jun. 2018 (283.54) to Jun. 2019 (224.22). It may suggest that Spotless Group Holdings accelerated paying its suppliers.

Spotless Group Holdings Days Payable Historical Data

The historical data trend for Spotless Group Holdings'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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Spotless Group Holdings Days Payable Chart

Spotless Group Holdings Annual Data

Trend

Dec13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Days Payable

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205.77

216.96

241.09

284.76

252.28

Spotless Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Days Payable	Get a 7-Day Free Trial						241.53	266.33	283.54	321.44	224.22

Competitive Comparison of Spotless Group Holdings's Days Payable

For the Specialty Business Services subindustry, Spotless Group Holdings'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.

Spotless Group Holdings's Days Payable Distribution in the Business Services Industry

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

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

Spotless Group Holdings 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.

Spotless Group Holdings's Days Payable for the fiscal year that ended in Jun. 2019 is calculated as

	Days Payable (A: Jun. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2018 )	+	Accounts Payable (A: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2019 )	*	Days in Period
=	( (294.678	+	169.653)	/	2 )	/	335.903	*	365
=	232.1655					/	335.903	*	365
=	252.28

Spotless Group Holdings's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

	Days Payable (Q: Jun. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (272.473	+	169.653)	/	2 )	/	179.931	*	365 / 2
=	221.063					/	179.931	*	365 / 2
=	224.22

Spotless Group Holdings Days Payable Related Terms

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Spotless Group Holdings (Spotless Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spotless Group Holdings Ltd (OTCPK:SPTGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

549 St Kilda Road, Melbourne, VIC, AUS, 3004

Website

http://www.spotless.com

Spotless Group Holdings Ltd is a provider of outsourced facility services and laundry and linen facilities in Australia and New Zealand. The largest Australian and New Zealand competitors to Spotless Group are Compass Group, Serco, ISS, and Transfield Services. They also provide technical and engineering services, maintenance and asset management services and refrigeration solutions to various industries.

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