SysGroup (AQSE:SYS.GB) Days Payable : 92.82 (As of Sep. 2024)

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What is SysGroup Days Payable?

SysGroup's average Accounts Payable for the six months ended in Sep. 2024 was £2.60 Mil. SysGroup's Cost of Goods Sold for the six months ended in Sep. 2024 was £5.11 Mil. Hence, SysGroup's Days Payable for the six months ended in Sep. 2024 was 92.82.

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

AQSE:SYS.GB' s Days Payable Range Over the Past 10 Years
Min: 49.74 Med: 67.45 Max: 159.38
Current: 76.52

During the past 13 years, SysGroup's highest Days Payable was 159.38. The lowest was 49.74. And the median was 67.45.

AQSE:SYS.GB's Days Payable is ranked better than
61.58% of 2548 companies
in the Software industry
Industry Median: 51.29 vs AQSE:SYS.GB: 76.52

SysGroup's Days Payable increased from Sep. 2023 (68.34) to Sep. 2024 (92.82). It may suggest that SysGroup delayed paying its suppliers.

SysGroup Days Payable Historical Data

The historical data trend for SysGroup'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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SysGroup Days Payable Chart

SysGroup Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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82.15

63.58

60.36

49.74

73.26

SysGroup Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															40.21	58.18	68.34	72.72	92.82

Competitive Comparison of SysGroup's Days Payable

For the Software - Infrastructure subindustry, SysGroup'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.

SysGroup's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, SysGroup's Days Payable distribution charts can be found below:

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

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SysGroup 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.

SysGroup's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1.813	+	3.132)	/	2 )	/	12.318	*	365
=	2.4725					/	12.318	*	365
=	73.26

SysGroup's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3.132	+	2.07)	/	2 )	/	5.114	*	365 / 2
=	2.601					/	5.114	*	365 / 2
=	92.82

SysGroup Days Payable Related Terms

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SysGroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SysGroup PLC (AQSE:SYS.GB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYS:UK

Address

55 Spring Gardens, Manchester, GBR, M2 2BY

Website

https://www.sysgroup.com

SysGroup PLC provides Cloud Hosting, Managed Services, and IT consultancy to medium and large enterprises. The company's operating segment includes Managed IT Services and Value Added Resale (VAR). It generates maximum revenue from the Managed IT Services segment. Managed IT Services segment provides managed services to customers as well as professional services. The value-added resale (VAR) segment provides all forms of VAR sales where the business sells products and licenses from supplier partners. Geographically, it derives the majority of its revenue from the UK and has a presence in the Rest of the World. The company's brand includes Netplan; System Professional and Rockford.

SysGroup Headlines

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