accesso Technology Group (accesso Technology Group) Days Payable : 228.44 (As of Dec. 2023)

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What is accesso Technology Group Days Payable?

accesso Technology Group's average Accounts Payable for the six months ended in Dec. 2023 was $22.3 Mil. accesso Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $17.8 Mil. Hence, accesso Technology Group's Days Payable for the six months ended in Dec. 2023 was 228.44.

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

LOQPF' s Days Payable Range Over the Past 10 Years
Min: 9 Med: 147.1 Max: 414.38
Current: 216.96

During the past 13 years, accesso Technology Group's highest Days Payable was 414.38. The lowest was 9.00. And the median was 147.10.

LOQPF's Days Payable is ranked better than
84.57% of 2528 companies
in the Software industry
Industry Median: 50.5 vs LOQPF: 216.96

accesso Technology Group's Days Payable increased from Dec. 2022 (211.89) to Dec. 2023 (228.44). It may suggest that accesso Technology Group delayed paying its suppliers.

accesso Technology Group Days Payable Historical Data

The historical data trend for accesso Technology 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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accesso Technology Group Days Payable Chart

accesso Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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234.07

407.20

143.11

157.38

195.66

accesso Technology Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															180.15	217.91	211.89	219.67	228.44

Competitive Comparison of accesso Technology Group's Days Payable

For the Software - Application subindustry, accesso Technology 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.

accesso Technology Group's Days Payable Distribution in the Software Industry

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

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

accesso Technology 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.

accesso Technology 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
=	( (17.624	+	20.188)	/	2 )	/	35.268	*	365
=	18.906					/	35.268	*	365
=	195.66

accesso Technology 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
=	( (24.401	+	20.188)	/	2 )	/	17.811	*	365 / 2
=	22.2945					/	17.811	*	365 / 2
=	228.44

accesso Technology Group Days Payable Related Terms

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accesso Technology Group (accesso Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » accesso Technology Group PLC (OTCPK:LOQPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACSO:UK

Address

Unit 5, The Pavilions, Ruscombe Park, Twyford, GBR, RG10 9NN

Website

https://www.accesso.com

accesso Technology Group PLC is a software company engaged in the development and application of ticketing, mobile, and eCommerce technologies,s, licensing, and operation of virtual queuing solutions s and providing a personalized experience to customers within the attractions and leisure industry. It operates in Ticketing and Distribution segment. Its solutions are accesso LoQueue, accesso Passport, accesso Siriuswarem, and accesso ShoWare, which provide solutions for ticketing & admissions, gift cards, kiosks, and eCommerce, box office, call center, and social media sales, food and beverage, retail, eCommerce via kiosk or mobile. It has a presence in the UK, other Europe, Australia, the USA, and Canada which drives key revenue, in Central and South America.