Credit Group (ASX:CCP) Days Payable : 0.00 (As of Dec. 2024)

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What is Credit Group Days Payable?

Credit Group's average Accounts Payable for the six months ended in Dec. 2024 was A$14.8 Mil. Credit Group's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.0 Mil.

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

ASX:CCP's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 36.45
* Ranked among companies with meaningful Days Payable only.

Credit Group's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Credit Group Days Payable Historical Data

The historical data trend for Credit 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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Credit Group Days Payable Chart

Credit Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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Credit Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Credit Group's Days Payable

For the Credit Services subindustry, Credit 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.

Credit Group's Days Payable Distribution in the Credit Services Industry

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

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

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Credit 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.

Credit Group's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (7.827	+	4.658)	/	2 )	/	0	*	365
=	6.2425					/	0	*	365
=	N/A

Credit Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (4.658	+	25.007)	/	2 )	/	0	*	365 / 2
=	14.8325					/	0	*	365 / 2
=	N/A

Credit Group Days Payable Related Terms

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Credit Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (ASX:CCP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2RC:Germany

Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

Credit Group Headlines

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