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Schroders (FRA:PYXB) Days Payable : 411.02 (As of Dec. 2023)


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What is Schroders Days Payable?

Schroders's average Accounts Payable for the six months ended in Dec. 2023 was €764 Mil. Schroders's Cost of Goods Sold for the six months ended in Dec. 2023 was €339 Mil. Hence, Schroders's Days Payable for the six months ended in Dec. 2023 was 411.02.

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

FRA:PYXB' s Days Payable Range Over the Past 10 Years
Min: 77.33   Med: 129.93   Max: 287.41
Current: 287.41

During the past 13 years, Schroders's highest Days Payable was 287.41. The lowest was 77.33. And the median was 129.93.

FRA:PYXB's Days Payable is ranked better than
77.56% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs FRA:PYXB: 287.41

Schroders's Days Payable declined from Dec. 2022 (558.80) to Dec. 2023 (411.02). It may suggest that Schroders accelerated paying its suppliers.


Schroders Days Payable Historical Data

The historical data trend for Schroders'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.

Schroders Days Payable Chart

Schroders Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.79 134.64 98.32 90.08 77.01

Schroders 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 424.41 603.81 558.80 375.89 411.02

Competitive Comparison of Schroders's Days Payable

For the Asset Management subindustry, Schroders'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.


Schroders's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroders's Days Payable distribution charts can be found below:

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



Schroders 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.

Schroders'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
=( (127.975 + 167.033) / 2 ) / 699.125*365
=147.504 / 699.125*365
=77.01

Schroders'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
=( (1360.726 + 167.033) / 2 ) / 339.173*365 / 2
=763.8795 / 339.173*365 / 2
=411.02

* 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.


Schroders Days Payable Related Terms

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Schroders (FRA:PYXB) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroders is an independent, U.K.-based, active asset manager founded in 1804. The bulk of Schroders' client assets are from institutions, but its retail operations are more profitable. Schroders has also increasingly expanded its wealth management presence. The U.K. accounts for just under half of Schroders' assets under management, while continental Europe and Asia account for 20% each. In 2013 Schroders purchased the Cazenove private clients business from JP Morgan, expanding its wealth management business. It recently formed a joint venture with Lloyds Bank, Schroders Personal Wealth, to provide independent financial advice to midmarket clients. Wealth management makes up around 15% of earnings and revenue.

Schroders (FRA:PYXB) Headlines

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