Allocate Software (LSE:ALLA) Days Payable: 264.32 (As of May. 2014)


What is Allocate Software Days Payable?

Allocate Software LSE:ALLA Days Payable is 264.32 as of May. 2014. The stock has 1 warning sign investors should review.

Allocate Software's average Accounts Payable for the six months ended in May. 2014 was £8.06 Mil. Allocate Software's Cost of Goods Sold for the six months ended in May. 2014 was £5.56 Mil. Hence, Allocate Software's Days Payable for the six months ended in May. 2014 was 264.32.

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

LSE:ALLA' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 13.54
Current: 13.54

During the past 13 years, Allocate Software's highest Days Payable was 13.54. The lowest was 0.00. And the median was 0.00.

LSE:ALLA's Days Payable is not ranked
in the Software industry.
Industry Median: 53.825 vs LSE:ALLA: 13.54

Allocate Software's Days Payable declined from May. 2013 (289.79) to May. 2014 (264.32). It may suggest that Allocate Software accelerated paying its suppliers.

Allocate Software Days Payable Historical Data

* Premium members only.

The historical data trend for Allocate Software'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.

Allocate Software Days Payable Chart

Allocate Software Annual Data
Trend May05 May06 May07 May08 May09 May10 May11 May12 May13 May14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.90 34.89 32.69 29.95 19.77

Allocate Software Semi-Annual Data
Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14
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 266.06 322.42 289.79 259.22 264.32

LSE:ALLA vs SREV, ASUR: Days Payable Comparison

For the Software - Application subindustry, Allocate Software'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.

Allocate Software Days Payable vs Software Industry

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

* The bar in red indicates where Allocate Software's Days Payable falls into.


Allocate Software 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.

Allocate Software's Days Payable for the fiscal year that ended in May. 2014 is calculated as

Days Payable (A: May. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2013 ) + Accounts Payable (A: May. 2014 )) / count ) / Cost of Goods Sold (A: May. 2014 )*Days in Period
=( (0.81 + 0.422) / 2 ) / 11.374*365
=0.616 / 11.374*365
=19.77

Allocate Software's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable (Q: May. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2013 ) + Accounts Payable (Q: May. 2014 )) / count ) / Cost of Goods Sold (Q: May. 2014 )*Days in Period
=( (15.695 + 0.422) / 2 ) / 5.564*365 / 2
=8.0585 / 5.564*365 / 2
=264.32

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 264.32 mean?
Allocate Software (LSE:ALLA) has a Days Payable of 264.32 as of May. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Allocate Software and its competitors.
Is Allocate Software's Days Payable too high?
Allocate Software's current Days Payable is 264.32. The Software industry median Days Payable is 53.83. Allocate Software's value of 264.32 is 391.1% above this industry median.
How does Allocate Software's Days Payable compare to SREV and ASUR?
Allocate Software's Days Payable of 264.32 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. Allocate Software's value of 264.32 is 391.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allocate Software's current Days Payable of 264.32 is 391.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Allocate Software and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allocate Software's current Days Payable is 264.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allocate Software stock overvalued right now?
Allocate Software (LSE:ALLA) has a current Days Payable of 264.32. The current Days Payable is 264.32 and 391.1% above the Software industry median of 53.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Allocate Software (LSE:ALLA), the current Days Payable is 264.32 as of May. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allocate Software Business Description

Allocate Software PLC is engaged in the development, sale and support of workforce management solutions, and the provision of related IT services to major healthcare, defence, government and commercial customers. The business of the company is focused principally on the Healthcare market in addition to Defence. Its segments are Licence, Subscriptions, Support, and Services. Licence and Subscriptions segments represent the sale of non-cancellable software licence agreements and subscriptions associated with that software. Support and Services segments represent the provision of installation, consulting, training and product support. It operates in UK, Europe, USA and Australia.