PSC Insurance Group (ASX:PSI) Days Payable : 0.00 (As of Dec. 2023)

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What is PSC Insurance Group Days Payable?

PSC Insurance Group's average Accounts Payable for the six months ended in Dec. 2023 was A$293.5 Mil. PSC Insurance Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.0 Mil.

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

ASX:PSI's Days Payable is not ranked ^*
in the Insurance industry.
Industry Median: 48.44
* Ranked among companies with meaningful Days Payable only.

PSC Insurance Group's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

PSC Insurance Group Days Payable Historical Data

The historical data trend for PSC Insurance 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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PSC Insurance Group Days Payable Chart

PSC Insurance Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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PSC Insurance Group Semi-Annual Data
	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												-	-	-	-	-

Competitive Comparison of PSC Insurance Group's Days Payable

For the Insurance Brokers subindustry, PSC Insurance 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.

PSC Insurance Group's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PSC Insurance Group's Days Payable distribution charts can be found below:

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

PSC Insurance 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.

PSC Insurance Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (245.138	+	277.889)	/	2 )	/	0	*	365
=	261.5135					/	0	*	365
=	N/A

PSC Insurance 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
=	( (277.889	+	309.128)	/	2 )	/	0	*	365 / 2
=	293.5085					/	0	*	365 / 2
=	N/A

PSC Insurance Group Days Payable Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PSC Insurance Group Ltd (ASX:PSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.