Beeks Financial Cloud Group (FRA:1BZ) Days Payable : 91.77 (As of Dec. 2023)

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What is Beeks Financial Cloud Group Days Payable?

Beeks Financial Cloud Group's average Accounts Payable for the six months ended in Dec. 2023 was €4.76 Mil. Beeks Financial Cloud Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €9.46 Mil. Hence, Beeks Financial Cloud Group's Days Payable for the six months ended in Dec. 2023 was 91.77.

The historical rank and industry rank for Beeks Financial Cloud Group's Days Payable or its related term are showing as below:

FRA:1BZ' s Days Payable Range Over the Past 10 Years
Min: 50.02 Med: 99.4 Max: 167.68
Current: 95.9

During the past 10 years, Beeks Financial Cloud Group's highest Days Payable was 167.68. The lowest was 50.02. And the median was 99.40.

FRA:1BZ's Days Payable is ranked better than
68.26% of 2524 companies
in the Software industry
Industry Median: 49.575 vs FRA:1BZ: 95.90

Beeks Financial Cloud Group's Days Payable declined from Dec. 2022 (109.10) to Dec. 2023 (91.77). It may suggest that Beeks Financial Cloud Group accelerated paying its suppliers.

Beeks Financial Cloud Group Days Payable Historical Data

The historical data trend for Beeks Financial Cloud 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.

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Beeks Financial Cloud Group Days Payable Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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64.07

50.26

88.74

99.35

84.71

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial												105.19	104.31	109.10	85.81	91.77

Competitive Comparison of Beeks Financial Cloud Group's Days Payable

For the Software - Infrastructure subindustry, Beeks Financial Cloud 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.

Beeks Financial Cloud Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Beeks Financial Cloud Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Beeks Financial Cloud Group's Days Payable falls into.

Beeks Financial Cloud 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.

Beeks Financial Cloud 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
=	( (3.935	+	3.423)	/	2 )	/	15.852	*	365
=	3.679					/	15.852	*	365
=	84.71

Beeks Financial Cloud 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
=	( (3.423	+	6.095)	/	2 )	/	9.464	*	365 / 2
=	4.759					/	9.464	*	365 / 2
=	91.77

Beeks Financial Cloud Group Days Payable Related Terms

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Beeks Financial Cloud Group (FRA:1BZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (FRA:1BZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BKS:UK

Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.

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