Likewise Group (FRA:7RL) Days Payable : 95.90 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Likewise Group Days Payable?

Likewise Group's average Accounts Payable for the six months ended in Dec. 2023 was €30.8 Mil. Likewise Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €58.6 Mil. Hence, Likewise Group's Days Payable for the six months ended in Dec. 2023 was 95.90.

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

FRA:7RL' s Days Payable Range Over the Past 10 Years
Min: 71.69 Med: 83.67 Max: 103.06
Current: 94.94

During the past 6 years, Likewise Group's highest Days Payable was 103.06. The lowest was 71.69. And the median was 83.67.

FRA:7RL's Days Payable is ranked better than
66.75% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs FRA:7RL: 94.94

Likewise Group's Days Payable declined from Dec. 2022 (100.00) to Dec. 2023 (95.90). It may suggest that Likewise Group accelerated paying its suppliers.

Likewise Group Days Payable Historical Data

The historical data trend for Likewise 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.

Likewise Group Days Payable Chart

Likewise Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.40

98.83

100.26

77.39

83.26

Likewise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				124.20	96.66	100.00	105.27	95.90

Competitive Comparison of Likewise Group's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Likewise 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.

Likewise Group's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Likewise Group's Days Payable distribution charts can be found below:

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

Likewise 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.

Likewise 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
=	( (26.411	+	25.118)	/	2 )	/	112.949	*	365
=	25.7645					/	112.949	*	365
=	83.26

Likewise 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
=	( (36.504	+	25.118)	/	2 )	/	58.632	*	365 / 2
=	30.811					/	58.632	*	365 / 2
=	95.90

Likewise Group Days Payable Related Terms

Thank you for viewing the detailed overview of Likewise Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Likewise Group (FRA:7RL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Likewise Group PLC (FRA:7RL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LIKE:UK

Address

Radial way,, Unit 4 Radial Park, Birmingham Business Park,, Solihull, GBR, B37 7WN

Website

https://www.likewiseplc.com

Likewise Group Plc is a distributor of floorcoverings and mattings. The company's products include residential carpets, commercial carpets, and laminate. Geographically, the company derives a majority of its revenue from the United Kingdom followed by the Rest of Europe and the Rest of the world.

Likewise Group (FRA:7RL) Headlines

No Headlines