Venture Life Group (LSE:VLG) Days Payable : 81.54 (As of Dec. 2023)

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What is Venture Life Group Days Payable?

Venture Life Group's average Accounts Payable for the six months ended in Dec. 2023 was £7.38 Mil. Venture Life Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £16.53 Mil. Hence, Venture Life Group's Days Payable for the six months ended in Dec. 2023 was 81.54.

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

LSE:VLG' s Days Payable Range Over the Past 10 Years
Min: 76.6 Med: 89.86 Max: 133.03
Current: 86.25

During the past 12 years, Venture Life Group's highest Days Payable was 133.03. The lowest was 76.60. And the median was 89.86.

LSE:VLG's Days Payable is ranked worse than
50.41% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs LSE:VLG: 86.25

Venture Life Group's Days Payable declined from Dec. 2022 (111.44) to Dec. 2023 (81.54). It may suggest that Venture Life Group accelerated paying its suppliers.

Venture Life Group Days Payable Historical Data

The historical data trend for Venture Life 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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Venture Life Group Days Payable Chart

Venture Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.03

85.07

76.60

81.14

76.99

Venture Life Group 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															102.59	125.20	111.44	101.36	81.54

Competitive Comparison of Venture Life Group's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Venture Life 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.

Venture Life Group's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Venture Life Group's Days Payable distribution charts can be found below:

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

Venture Life 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.

Venture Life 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
=	( (7.392	+	5.796)	/	2 )	/	31.26	*	365
=	6.594					/	31.26	*	365
=	76.99

Venture Life 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
=	( (8.973	+	5.796)	/	2 )	/	16.527	*	365 / 2
=	7.3845					/	16.527	*	365 / 2
=	81.54

Venture Life Group Days Payable Related Terms

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Venture Life Group (LSE:VLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Venture Life Group PLC (LSE:VLG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Road, 12 The Courtyard, Bracknell, Berkshire, GBR, RG12 2XB

Website

https://www.venture-life.com

Venture Life Group PLC is an international consumer self-care company. The company focuses on the development and commercialization of healthcare products, including oral care products, food supplements, medical devices, and dermo-cosmetics for the aging population. The company operates in two segments: Venture Life Brands, which includes sales of branded healthcare and cosmetics products, and Customer Brands, which includes sales of products and services under contract development and manufacturing agreements. Its geographical segments include the United Kingdom, Italy, Switzerland, Germany, Netherlands, the Rest of Europe, China, and the Rest of the World.

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