Ventia Services Group (ASX:VNT) Days Payable

: 599.86 (As of Dec. 2023)

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Ventia Services Group's average Accounts Payable for the six months ended in Dec. 2023 was A$719 Mil. Ventia Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$219 Mil. Hence, Ventia Services Group's Days Payable for the six months ended in Dec. 2023 was 599.86.

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

ASX:VNT' s Days Payable Range Over the Past 10 Years
Min: 241.69 Med: 286.27 Max: 508.89
Current: 508.89

During the past 3 years, Ventia Services Group's highest Days Payable was 508.89. The lowest was 241.69. And the median was 286.27.

ASX:VNT's Days Payable is ranked better than
94.76% of 1602 companies
in the Construction industry
Industry Median: 73.815 vs ASX:VNT: 508.89

Ventia Services Group's Days Payable declined from Dec. 2022 (609.68) to Dec. 2023 (599.86). It may suggest that Ventia Services Group accelerated paying its suppliers.

Ventia Services Group Days Payable Historical Data

The historical data trend for Ventia Services 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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Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

241.69

286.27

304.37

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	675.83	609.68	623.11	599.86

Competitive Comparison

For the Infrastructure Operations subindustry, Ventia Services 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.

Ventia Services Group Days Payable Distribution

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

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

Ventia Services 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.

Ventia Services 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
=	( (341.2	+	368.1)	/	2 )	/	425.3	*	365
=	354.65					/	425.3	*	365
=	304.37

Ventia Services 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
=	( (1069.6	+	368.1)	/	2 )	/	218.7	*	365 / 2
=	718.85					/	218.7	*	365 / 2
=	599.86

Ventia Services Group Days Payable Related Terms

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Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Days Payable

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.