Accsys Technologies (Accsys Technologies) Days Payable : 70.70 (As of Sep. 2023)

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Accsys Technologies Days Payable Definition

Accsys Technologies's average Accounts Payable for the six months ended in Sep. 2023 was $21.0 Mil. Accsys Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was $54.3 Mil. Hence, Accsys Technologies's Days Payable for the six months ended in Sep. 2023 was 70.70.

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

ACSYF' s Days Payable Range Over the Past 10 Years
Min: 41.48 Med: 46.78 Max: 68.54
Current: 68.54

During the past 13 years, Accsys Technologies's highest Days Payable was 68.54. The lowest was 41.48. And the median was 46.78.

ACSYF's Days Payable is ranked better than
60.71% of 280 companies
in the Forest Products industry
Industry Median: 56.04 vs ACSYF: 68.54

Accsys Technologies's Days Payable declined from Sep. 2022 (101.11) to Sep. 2023 (70.70). It may suggest that Accsys Technologies accelerated paying its suppliers.

Accsys Technologies Days Payable Historical Data

The historical data trend for Accsys Technologies'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.

Accsys Technologies Days Payable Chart

Accsys Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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58.95

45.89

45.73

57.80

59.91

Accsys Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															73.24	79.48	101.11	58.74	70.70

Competitive Comparison of Accsys Technologies's Days Payable

For the Lumber & Wood Production subindustry, Accsys Technologies'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.

Accsys Technologies Days Payable Distribution

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Days Payable distribution charts can be found below:

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

Accsys Technologies 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.

Accsys Technologies's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (18.343	+	19.21)	/	2 )	/	114.403	*	365
=	18.7765					/	114.403	*	365
=	59.91

Accsys Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (19.21	+	22.851)	/	2 )	/	54.285	*	365 / 2
=	21.0305					/	54.285	*	365 / 2
=	70.70

Accsys Technologies Days Payable Related Terms

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Accsys Technologies (Accsys Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Accsys Technologies PLC (OTCPK:ACSYF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AXS:Netherlands AXSa:UK AXS.GB:UK AXS:UK 1D8:Germany

Address

3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA

Website

https://www.accsysplc.com

Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.

Accsys Technologies (Accsys Technologies) Headlines

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