A2B Australia (A2B Australia) Days Payable : 225.35 (As of Dec. 2023)

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What is A2B Australia Days Payable?

A2B Australia's average Accounts Payable for the six months ended in Dec. 2023 was $11.7 Mil. A2B Australia's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.5 Mil. Hence, A2B Australia's Days Payable for the six months ended in Dec. 2023 was 225.35.

The historical rank and industry rank for A2B Australia's Days Payable or its related term are showing as below:

CGAAY' s Days Payable Range Over the Past 10 Years
Min: 106.03 Med: 558.67 Max: 1212.41
Current: 631.83

During the past 13 years, A2B Australia's highest Days Payable was 1212.41. The lowest was 106.03. And the median was 558.67.

CGAAY's Days Payable is ranked better than
93.74% of 2522 companies
in the Software industry
Industry Median: 50.7 vs CGAAY: 631.83

A2B Australia's Days Payable declined from Dec. 2022 (734.10) to Dec. 2023 (225.35). It may suggest that A2B Australia accelerated paying its suppliers.

A2B Australia Days Payable Historical Data

The historical data trend for A2B Australia'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.

* Premium members only.

A2B Australia Days Payable Chart

A2B Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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585.44

553.73

627.08

777.16

532.18

A2B Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															1,219.16	5,198.06	734.10	5,133.12	225.35

Competitive Comparison of A2B Australia's Days Payable

For the Software - Infrastructure subindustry, A2B Australia'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.

A2B Australia's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, A2B Australia's Days Payable distribution charts can be found below:

* The bar in red indicates where A2B Australia's Days Payable falls into.

A2B Australia 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.

A2B Australia'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
=	( (7.183	+	7.995)	/	2 )	/	5.205	*	365
=	7.589					/	5.205	*	365
=	532.18

A2B Australia'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
=	( (7.995	+	15.409)	/	2 )	/	9.477	*	365 / 2
=	11.702					/	9.477	*	365 / 2
=	225.35

A2B Australia Days Payable Related Terms

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A2B Australia (A2B Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » A2B Australia Ltd (OTCPK:CGAAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A2B:Australia

Address

9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.a2baustralia.com

A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

From GuruFocus

Full Year 2023 A2B Australia Ltd Earnings Call Transcript

By GuruFocus Research • 02-13-2024