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Henderson Group (LSE:HGG) Days Payable : 66.46 (As of Dec. 2023)


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What is Henderson Group Days Payable?

Henderson Group's average Accounts Payable for the three months ended in Dec. 2023 was £90 Mil. Henderson Group's Cost of Goods Sold for the three months ended in Dec. 2023 was £123 Mil. Hence, Henderson Group's Days Payable for the three months ended in Dec. 2023 was 66.46.

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

LSE:HGG' s Days Payable Range Over the Past 10 Years
Min: 1.53   Med: 16.91   Max: 508.33
Current: 82.02

During the past 13 years, Henderson Group's highest Days Payable was 508.33. The lowest was 1.53. And the median was 16.91.

LSE:HGG's Days Payable is ranked better than
54.72% of 466 companies
in the Asset Management industry
Industry Median: 69.44 vs LSE:HGG: 82.02

Henderson Group's Days Payable declined from Dec. 2022 (68.83) to Dec. 2023 (66.46). It may suggest that Henderson Group accelerated paying its suppliers.


Henderson Group Days Payable Historical Data

The historical data trend for Henderson 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.

* Premium members only.

Henderson Group Days Payable Chart

Henderson Group 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 19.33 18.22 1.52 1.99 2.36

Henderson Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 68.83 73.72 138.66 132.22 66.46

Competitive Comparison of Henderson Group's Days Payable

For the Asset Management subindustry, Henderson 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.


Henderson Group's Days Payable Distribution in the Asset Management Industry

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

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



Henderson 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.

Henderson 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
=( (3.53 + 2.528) / 2 ) / 468.707*365
=3.029 / 468.707*365
=2.36

Henderson 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (177.114 + 2.528) / 2 ) / 123.319*365 / 4
=89.821 / 123.319*365 / 4
=66.46

* 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.


Henderson Group Days Payable Related Terms

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Henderson Group (LSE:HGG) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.

Henderson Group (LSE:HGG) Headlines

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