Allfunds Group (FRA:6UY) Days Payable : 1.62 (As of Jun. 2024)

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What is Allfunds Group Days Payable?

Allfunds Group's average Accounts Payable for the six months ended in Jun. 2024 was €11 Mil. Allfunds Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €1,266 Mil. Hence, Allfunds Group's Days Payable for the six months ended in Jun. 2024 was 1.62.

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

FRA:6UY' s Days Payable Range Over the Past 10 Years
Min: 1.71 Med: 2.89 Max: 3.46
Current: 1.71

During the past 5 years, Allfunds Group's highest Days Payable was 3.46. The lowest was 1.71. And the median was 2.89.

FRA:6UY's Days Payable is ranked worse than
96.5% of 457 companies
in the Asset Management industry
Industry Median: 72.35 vs FRA:6UY: 1.71

Allfunds Group's Days Payable declined from Jun. 2023 (2.01) to Jun. 2024 (1.62). It may suggest that Allfunds Group accelerated paying its suppliers.

Allfunds Group Days Payable Historical Data

The historical data trend for Allfunds 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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Allfunds Group Days Payable Chart

Allfunds Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

2.04

3.42

3.46

2.89

1.72

Allfunds Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					3.55	2.83	2.01	1.68	1.62

Competitive Comparison of Allfunds Group's Days Payable

For the Asset Management subindustry, Allfunds 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.

Allfunds Group's Days Payable Distribution in the Asset Management Industry

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

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

Allfunds 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.

Allfunds 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
=	( (12.57	+	10.178)	/	2 )	/	2408.415	*	365
=	11.374					/	2408.415	*	365
=	1.72

Allfunds 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
=	( (10.178	+	12.228)	/	2 )	/	1265.579	*	365 / 2
=	11.203					/	1265.579	*	365 / 2
=	1.62

Allfunds Group Days Payable Related Terms

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Allfunds Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allfunds Group PLC (FRA:6UY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALLFG:Netherlands ALLFGa:UK 0AAL:UK

Address

8 Mortimer Street, 2 Fitzroy Place, London, GBR, W1T 3JJ

Website

https://www.allfunds.com

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2023, Allfunds had EUR 1.4 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 150,000 funds from 3,100 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

Allfunds Group Headlines

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