Ilika (AQSE:IKA.GB) Days Payable : 144.22 (As of Oct. 2023)

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What is Ilika Days Payable?

Ilika's average Accounts Payable for the six months ended in Oct. 2023 was £0.73 Mil. Ilika's Cost of Goods Sold for the six months ended in Oct. 2023 was £0.93 Mil. Hence, Ilika's Days Payable for the six months ended in Oct. 2023 was 144.22.

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

AQSE:IKA.GB' s Days Payable Range Over the Past 10 Years
Min: 96.69 Med: 146.39 Max: 1258.33
Current: 318.71

During the past 13 years, Ilika's highest Days Payable was 1258.33. The lowest was 96.69. And the median was 146.39.

AQSE:IKA.GB's Days Payable is ranked better than
95.89% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs AQSE:IKA.GB: 318.71

Ilika's Days Payable declined from Oct. 2022 (1,804.64) to Oct. 2023 (144.22). It may suggest that Ilika accelerated paying its suppliers.

Ilika Days Payable Historical Data

The historical data trend for Ilika'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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Ilika Days Payable Chart

Ilika Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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127.19

121.78

168.15

1,258.33

443.60

Ilika Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															1,884.86	2,376.38	1,804.64	642.28	144.22

Competitive Comparison of Ilika's Days Payable

For the Electrical Equipment & Parts subindustry, Ilika'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.

Ilika's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ilika's Days Payable distribution charts can be found below:

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

Ilika 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.

Ilika's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.688	+	0.294)	/	2 )	/	0.404	*	365
=	0.491					/	0.404	*	365
=	443.60

Ilika's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.294	+	1.168)	/	2 )	/	0.925	*	365 / 2
=	0.731					/	0.925	*	365 / 2
=	144.22

Ilika Days Payable Related Terms

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Ilika (AQSE:IKA.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ilika PLC (AQSE:IKA.GB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ILIKF:USA IKA:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its innovative Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

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