Xref (ASX:XF1) Days Payable : 157.16 (As of Dec. 2023)

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What is Xref Days Payable?

Xref's average Accounts Payable for the six months ended in Dec. 2023 was A$1.33 Mil. Xref's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.54 Mil. Hence, Xref's Days Payable for the six months ended in Dec. 2023 was 157.16.

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

ASX:XF1' s Days Payable Range Over the Past 10 Years
Min: 41.58 Med: 57.89 Max: 178.7
Current: 178.7

During the past 13 years, Xref's highest Days Payable was 178.70. The lowest was 41.58. And the median was 57.89.

ASX:XF1's Days Payable is ranked better than
81.69% of 2528 companies
in the Software industry
Industry Median: 50.5 vs ASX:XF1: 178.70

Xref's Days Payable increased from Dec. 2022 (122.93) to Dec. 2023 (157.16). It may suggest that Xref delayed paying its suppliers.

Xref Days Payable Historical Data

The historical data trend for Xref'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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Xref Days Payable Chart

Xref Annual Data

Trend

Mar14

Mar15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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41.58

74.19

Xref Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															78.27	111.28	122.93	166.99	157.16

Competitive Comparison of Xref's Days Payable

For the Software - Application subindustry, Xref'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.

Xref's Days Payable Distribution in the Software Industry

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

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

Xref 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.

Xref'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
=	( (0.366	+	0.956)	/	2 )	/	3.252	*	365
=	0.661					/	3.252	*	365
=	74.19

Xref'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
=	( (0.956	+	1.698)	/	2 )	/	1.541	*	365 / 2
=	1.327					/	1.541	*	365 / 2
=	157.16

Xref Days Payable Related Terms

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Xref (ASX:XF1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xref Ltd (ASX:XF1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hickson Road, Suite 13, Level 3, Dawes Point, Sydney, NSW, AUS, 2000

Website

https://www.xref.com

Xref Ltd is a human resources technology company that automates the candidate reference process for employers. It is involved in leveraging databases to provide predictive analytics that enables human resource directors to make data-driven decisions. The company transforms the phone-based, manual procedure into a cloud-based, electronic process. It requests referee information from the candidate and gathers other information, analyses the candidate, and provides the report. Geographically, it derives a majority of its revenue from Australia and also has a presence in Canada; the United Kingdom; Norway; New Zealand, and the United States.

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