Itim Group (FRA:32I) Days Payable : 122.44 (As of Jun. 2024)

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What is Itim Group Days Payable?

Itim Group's average Accounts Payable for the six months ended in Jun. 2024 was €4.32 Mil. Itim Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €6.44 Mil. Hence, Itim Group's Days Payable for the six months ended in Jun. 2024 was 122.44.

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

FRA:32I' s Days Payable Range Over the Past 10 Years
Min: 23.73 Med: 29.08 Max: 143.52
Current: 143.52

During the past 6 years, Itim Group's highest Days Payable was 143.52. The lowest was 23.73. And the median was 29.08.

FRA:32I's Days Payable is ranked better than
78.4% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:32I: 143.52

Itim Group's Days Payable increased from Jun. 2023 (107.24) to Jun. 2024 (122.44). It may suggest that Itim Group delayed paying its suppliers.

Itim Group Days Payable Historical Data

The historical data trend for Itim 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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Itim Group Days Payable Chart

Itim Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.32

32.11

28.53

29.12

32.90

Itim Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						110.57	105.99	107.24	112.67	122.44

Competitive Comparison of Itim Group's Days Payable

For the Software - Application subindustry, Itim 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.

Itim Group's Days Payable Distribution in the Software Industry

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

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

Itim 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.

Itim Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.941	+	1.38)	/	2 )	/	12.873	*	365
=	1.1605					/	12.873	*	365
=	32.90

Itim Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.38	+	7.264)	/	2 )	/	6.442	*	365 / 2
=	4.322					/	6.442	*	365 / 2
=	122.44

Itim Group Days Payable Related Terms

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Itim Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Itim Group PLC (FRA:32I) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITIM:UK

Address

173 Victoria Street, 2nd Floor, Atlas House, London, GBR, SW1E 5NH

Website

https://www.itim.com

Itim Group PLC is engaged in providing software solutions to retailers by helping them to optimize their business and their stores to improve financial performance. It offers a complete set of retail software solutions including Multi-Channel Sales & Services, Enterprise Order Management, Price & Stock Optimization, and Supplier Management. The company operates in the United Kingdom, Europe, and other countries, with a majority of its revenue being derived from the United Kingdom.

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