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Supply Network (ASX:SNL) Days Payable : 84.42 (As of Dec. 2023)


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What is Supply Network Days Payable?

Supply Network's average Accounts Payable for the six months ended in Dec. 2023 was A$39.2 Mil. Supply Network's Cost of Goods Sold for the six months ended in Dec. 2023 was A$84.8 Mil. Hence, Supply Network's Days Payable for the six months ended in Dec. 2023 was 84.42.

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

ASX:SNL' s Days Payable Range Over the Past 10 Years
Min: 81.78   Med: 93.98   Max: 101.27
Current: 86.01

During the past 13 years, Supply Network's highest Days Payable was 101.27. The lowest was 81.78. And the median was 93.98.

ASX:SNL's Days Payable is ranked better than
65.95% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs ASX:SNL: 86.01

Supply Network's Days Payable declined from Dec. 2022 (85.96) to Dec. 2023 (84.42). It may suggest that Supply Network accelerated paying its suppliers.


Supply Network Days Payable Historical Data

The historical data trend for Supply Network'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.

Supply Network Days Payable Chart

Supply Network Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.47 89.77 86.11 87.57 81.78

Supply Network 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 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 86.23 88.90 85.96 85.05 84.42

Competitive Comparison of Supply Network's Days Payable

For the Auto Parts subindustry, Supply Network'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 Network's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Supply Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Supply Network's Days Payable falls into.



Supply Network 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 Network'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
=( (29.495 + 35.732) / 2 ) / 145.565*365
=32.6135 / 145.565*365
=81.78

Supply Network'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
=( (35.732 + 42.735) / 2 ) / 84.82*365 / 2
=39.2335 / 84.82*365 / 2
=84.42

* 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.


Supply Network Days Payable Related Terms

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Supply Network (ASX:SNL) Business Description

Traded in Other Exchanges
N/A
Address
1 Turnbull Close, Pemulwuy, Sydney, NSW, AUS, 2145
Supply Network Ltd is a company that engages in the provision of aftermarket parts to the commercial vehicle industry. It operates in Australia and New Zealand under the Multispares brand. The Group operates predominantly in one business segment the provision of aftermarket parts for the commercial vehicle market. The group derives the majority of its revenue from Australia.

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