Connexion Mobility (ASX:CXZ) Days Payable : 57.37 (As of Dec. 2024)

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What is Connexion Mobility Days Payable?

Connexion Mobility's average Accounts Payable for the six months ended in Dec. 2024 was A$0.81 Mil. Connexion Mobility's Cost of Goods Sold for the six months ended in Dec. 2024 was A$2.59 Mil. Hence, Connexion Mobility's Days Payable for the six months ended in Dec. 2024 was 57.37.

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

ASX:CXZ' s Days Payable Range Over the Past 10 Years
Min: 34.76 Med: 70.92 Max: 1417.36
Current: 79.35

During the past 13 years, Connexion Mobility's highest Days Payable was 1417.36. The lowest was 34.76. And the median was 70.92.

ASX:CXZ's Days Payable is ranked better than
63.39% of 2516 companies
in the Software industry
Industry Median: 50.345 vs ASX:CXZ: 79.35

Connexion Mobility's Days Payable declined from Dec. 2023 (105.28) to Dec. 2024 (57.37). It may suggest that Connexion Mobility accelerated paying its suppliers.

Connexion Mobility Days Payable Historical Data

The historical data trend for Connexion Mobility'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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Connexion Mobility Days Payable Chart

Connexion Mobility Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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87.05

54.79

48.53

34.76

36.75

Connexion Mobility 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															59.77	43.65	105.28	80.69	57.37

Competitive Comparison of Connexion Mobility's Days Payable

For the Software - Application subindustry, Connexion Mobility'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.

Connexion Mobility's Days Payable Distribution in the Software Industry

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

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

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Connexion Mobility 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.

Connexion Mobility'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
=	( (0.279	+	0.376)	/	2 )	/	3.253	*	365
=	0.3275					/	3.253	*	365
=	36.75

Connexion Mobility'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
=	( (0.376	+	1.251)	/	2 )	/	2.588	*	365 / 2
=	0.8135					/	2.588	*	365 / 2
=	57.37

Connexion Mobility Days Payable Related Terms

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Connexion Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Connexion Mobility Ltd (ASX:CXZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

162 Collins Street, Level 3, Melbourne, VIC, AUS, 3000

Website

https://connexionmobility.com

Connexion Mobility Ltd is engaged in the development and commercialization of fleet management software for the automotive industry. The company provides its Software as a Service (SaaS) solutions, the OnTRAC and Connexion platforms, for General Motors's Courtesy Transportation Program and Cadillac's Courtesy Transportation Alternative.

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