City of London Investment Group (City of London Investment Group) Days Payable : 49.69 (As of Dec. 2023)

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What is City of London Investment Group Days Payable?

City of London Investment Group's average Accounts Payable for the six months ended in Dec. 2023 was $4.52 Mil. City of London Investment Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $16.59 Mil. Hence, City of London Investment Group's Days Payable for the six months ended in Dec. 2023 was 49.69.

The historical rank and industry rank for City of London Investment Group's Days Payable or its related term are showing as below:

CLIUF' s Days Payable Range Over the Past 10 Years
Min: 0.26 Med: 1.34 Max: 115.5
Current: 115.5

During the past 13 years, City of London Investment Group's highest Days Payable was 115.50. The lowest was 0.26. And the median was 1.34.

CLIUF's Days Payable is ranked better than
61.97% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs CLIUF: 115.50

City of London Investment Group's Days Payable declined from Dec. 2022 (49.86) to Dec. 2023 (49.69). It may suggest that City of London Investment Group accelerated paying its suppliers.

City of London Investment Group Days Payable Historical Data

The historical data trend for City of London Investment Group'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.

City of London Investment Group Days Payable Chart

City of London Investment Group Annual Data

Trend

May13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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0.73

0.39

1.60

1.59

0.26

City of London Investment Group Semi-Annual Data
	Nov13	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															50.97	-	49.86	339.14	49.69

Competitive Comparison of City of London Investment Group's Days Payable

For the Asset Management subindustry, City of London Investment Group'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.

City of London Investment Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, City of London Investment Group's Days Payable distribution charts can be found below:

* The bar in red indicates where City of London Investment Group's Days Payable falls into.

City of London Investment Group 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.

City of London Investment Group'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
=	( (0.004	+	0.022)	/	2 )	/	18.029	*	365
=	0.013					/	18.029	*	365
=	0.26

City of London Investment Group'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
=	( (0.022	+	9.014)	/	2 )	/	16.592	*	365 / 2
=	4.518					/	16.592	*	365 / 2
=	49.69

City of London Investment Group Days Payable Related Terms

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City of London Investment Group (City of London Investment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Group PLC (OTCPK:CLIUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CLIGl:UK CLIG.GB:UK CLIG:UK W8T:Germany

Address

77 Gracechurch Street, London, GBR, EC3V 0AS

Website

https://www.clig.com

City of London Investment Group PLC is a United Kingdom-based asset management company. The company through its subsidiaries offers products of emerging markets and closed-end funds. Its principal operating subsidiary acts as an investment adviser for the company. It has operations in the United States, Canada, the United Kingdom, and Europe.

City of London Investment Group (City of London Investment Group) Headlines

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