Clever Culture Systems (ASX:CC5) Days Payable : 762.13 (As of Jun. 2024)

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What is Clever Culture Systems Days Payable?

Clever Culture Systems's average Accounts Payable for the six months ended in Jun. 2024 was A$0.59 Mil. Clever Culture Systems's Cost of Goods Sold for the six months ended in Jun. 2024 was A$0.14 Mil. Hence, Clever Culture Systems's Days Payable for the six months ended in Jun. 2024 was 762.13.

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

ASX:CC5' s Days Payable Range Over the Past 10 Years
Min: 507.68 Med: 1005.4 Max: 2106.15
Current: 1523.69

During the past 13 years, Clever Culture Systems's highest Days Payable was 2106.15. The lowest was 507.68. And the median was 1005.40.

ASX:CC5's Days Payable is ranked better than
97.23% of 2523 companies
in the Software industry
Industry Median: 48.75 vs ASX:CC5: 1523.69

Clever Culture Systems's Days Payable declined from Jun. 2023 (2,448.85) to Jun. 2024 (762.13). It may suggest that Clever Culture Systems accelerated paying its suppliers.

Clever Culture Systems Days Payable Historical Data

The historical data trend for Clever Culture Systems'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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Clever Culture Systems Days Payable Chart

Clever Culture Systems Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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507.68

643.89

1,366.91

Clever Culture Systems Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															340.42	771.45	2,448.85	18,641.07	762.13

Competitive Comparison of Clever Culture Systems's Days Payable

For the Software - Infrastructure subindustry, Clever Culture Systems'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.

Clever Culture Systems's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Clever Culture Systems's Days Payable falls into.

Clever Culture Systems 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.

Clever Culture Systems'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
=	( (0.68	+	0.436)	/	2 )	/	0.149	*	365
=	0.558					/	0.149	*	365
=	1,366.91

Clever Culture Systems's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.75	+	0.436)	/	2 )	/	0.142	*	365 / 2
=	0.593					/	0.142	*	365 / 2
=	762.13

Clever Culture Systems Days Payable Related Terms

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Clever Culture Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clever Culture Systems Ltd (ASX:CC5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

16 Anster Street, Adelaide, SA, AUS, 5000

Website

https://www.cleverculturesystems.com

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