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Shearwater Group (FRA:DTW1) Days Payable : 50.02 (As of Sep. 2023)


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What is Shearwater Group Days Payable?

Shearwater Group's average Accounts Payable for the six months ended in Sep. 2023 was €2.34 Mil. Shearwater Group's Cost of Goods Sold for the six months ended in Sep. 2023 was €8.52 Mil. Hence, Shearwater Group's Days Payable for the six months ended in Sep. 2023 was 50.02.

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

FRA:DTW1' s Days Payable Range Over the Past 10 Years
Min: 42.77   Med: 89.18   Max: 115.29
Current: 42.77

During the past 13 years, Shearwater Group's highest Days Payable was 115.29. The lowest was 42.77. And the median was 89.18.

FRA:DTW1's Days Payable is ranked worse than
55.13% of 2525 companies
in the Software industry
Industry Median: 49.58 vs FRA:DTW1: 42.77

Shearwater Group's Days Payable declined from Sep. 2022 (85.20) to Sep. 2023 (50.02). It may suggest that Shearwater Group accelerated paying its suppliers.


Shearwater Group Days Payable Historical Data

The historical data trend for Shearwater 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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Shearwater Group Days Payable Chart

Shearwater Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.58 110.77 113.33 88.11 72.98

Shearwater Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.19 32.18 85.20 45.38 50.02

Competitive Comparison of Shearwater Group's Days Payable

For the Software - Infrastructure subindustry, Shearwater 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.


Shearwater Group's Days Payable Distribution in the Software Industry

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

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



Shearwater 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.

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

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (5.471 + 3.701) / 2 ) / 22.937*365
=4.586 / 22.937*365
=72.98

Shearwater Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.701 + 0.971) / 2 ) / 8.523*365 / 2
=2.336 / 8.523*365 / 2
=50.02

* 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.


Shearwater Group Days Payable Related Terms

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Shearwater Group (FRA:DTW1) Business Description

Traded in Other Exchanges
Address
1 King William Street, London, GBR, EC4N 7AF
Shearwater Group PLC is a UK-based company focused on providing digital resilience solutions. The company delivers cybersecurity, network monitoring technologies, managed security services, Data Loss Prevention, Identity & Access Security, IT Solutions, Penetration Testing & Red Teaming, and other services. Its operating segment includes software and services. The company generates maximum revenue from the Services segment. Its geographical segments include the United Kingdom(UK) and Europe(excluding the UK), North America, and the Rest of the world, of which the majority of the revenue is derived from the UK.

Shearwater Group (FRA:DTW1) Headlines

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