Tyro Payments (ASX:TYR) Days Payable : 41.74 (As of Dec. 2023)

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What is Tyro Payments Days Payable?

Tyro Payments's average Accounts Payable for the six months ended in Dec. 2023 was A$29.4 Mil. Tyro Payments's Cost of Goods Sold for the six months ended in Dec. 2023 was A$128.8 Mil. Hence, Tyro Payments's Days Payable for the six months ended in Dec. 2023 was 41.74.

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

ASX:TYR' s Days Payable Range Over the Past 10 Years
Min: 7.14 Med: 9.35 Max: 57.85
Current: 57.85

During the past 5 years, Tyro Payments's highest Days Payable was 57.85. The lowest was 7.14. And the median was 9.35.

ASX:TYR's Days Payable is ranked better than
53.39% of 2519 companies
in the Software industry
Industry Median: 50.96 vs ASX:TYR: 57.85

Tyro Payments's Days Payable declined from Dec. 2022 (49.81) to Dec. 2023 (41.74). It may suggest that Tyro Payments accelerated paying its suppliers.

Tyro Payments Days Payable Historical Data

The historical data trend for Tyro Payments'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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Tyro Payments Days Payable Chart

Tyro Payments Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

33.29

7.14

11.03

7.66

Tyro Payments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				37.32	33.50	49.81	47.92	41.74

Competitive Comparison of Tyro Payments's Days Payable

For the Software - Infrastructure subindustry, Tyro Payments'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.

Tyro Payments's Days Payable Distribution in the Software Industry

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

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

Tyro Payments 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.

Tyro Payments's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (6.37	+	3.475)	/	2 )	/	234.621	*	365
=	4.9225					/	234.621	*	365
=	7.66

Tyro Payments's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.475	+	55.416)	/	2 )	/	128.756	*	365 / 2
=	29.4455					/	128.756	*	365 / 2
=	41.74

Tyro Payments Days Payable Related Terms

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Tyro Payments (ASX:TYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyro Payments Ltd (ASX:TYR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/55 Market Street, Sydney, NSW, AUS, 2000

Website

https://www.tyro.com

Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into the trade, accommodation and services verticals. Tyro's value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro's historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

Tyro Payments (ASX:TYR) Headlines

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