Alpha Financial Markets Consulting (LSE:AFM) Days Payable : 9.36 (As of Mar. 2024)

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What is Alpha Financial Markets Consulting Days Payable?

Alpha Financial Markets Consulting's average Accounts Payable for the six months ended in Mar. 2024 was £4.1 Mil. Alpha Financial Markets Consulting's Cost of Goods Sold for the six months ended in Mar. 2024 was £80.9 Mil. Hence, Alpha Financial Markets Consulting's Days Payable for the six months ended in Mar. 2024 was 9.36.

The historical rank and industry rank for Alpha Financial Markets Consulting's Days Payable or its related term are showing as below:

LSE:AFM' s Days Payable Range Over the Past 10 Years
Min: 10.41 Med: 13.79 Max: 26.25
Current: 10.41

During the past 10 years, Alpha Financial Markets Consulting's highest Days Payable was 26.25. The lowest was 10.41. And the median was 13.79.

LSE:AFM's Days Payable is ranked worse than
89.55% of 928 companies
in the Business Services industry
Industry Median: 46.675 vs LSE:AFM: 10.41

Alpha Financial Markets Consulting's Days Payable declined from Mar. 2023 (11.67) to Mar. 2024 (9.36). It may suggest that Alpha Financial Markets Consulting accelerated paying its suppliers.

Alpha Financial Markets Consulting Days Payable Historical Data

The historical data trend for Alpha Financial Markets Consulting'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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Alpha Financial Markets Consulting Days Payable Chart

Alpha Financial Markets Consulting Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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12.61

11.88

12.78

12.77

11.10

Alpha Financial Markets Consulting Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial												12.39	13.26	11.67	10.82	9.36

Competitive Comparison of Alpha Financial Markets Consulting's Days Payable

For the Consulting Services subindustry, Alpha Financial Markets Consulting'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.

Alpha Financial Markets Consulting's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alpha Financial Markets Consulting's Days Payable distribution charts can be found below:

* The bar in red indicates where Alpha Financial Markets Consulting's Days Payable falls into.

Alpha Financial Markets Consulting 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.

Alpha Financial Markets Consulting's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (5.156	+	4.4)	/	2 )	/	157.174	*	365
=	4.778					/	157.174	*	365
=	11.10

Alpha Financial Markets Consulting's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.891	+	4.4)	/	2 )	/	80.85	*	365 / 2
=	4.1455					/	80.85	*	365 / 2
=	9.36

Alpha Financial Markets Consulting Days Payable Related Terms

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Alpha Financial Markets Consulting (LSE:AFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alpha Financial Markets Consulting PLC (LSE:AFM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gresham Street, London, GBR, EC2V 7BB

Website

https://www.alphafmc.com

Alpha Financial Markets Consulting PLC provides consulting and related services to clients in the asset management, insurance industries, and wealth management industries. The Company has a presence in the UK, North America, Europe, and Asia Pacific, wherein geographically, it derives the maximum of the revenue from North America.

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