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Amicorp FS (UK) (LSE:AMIF) Days Payable : 7.55 (As of Jun. 2024)


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What is Amicorp FS (UK) Days Payable?

Amicorp FS (UK)'s average Accounts Payable for the six months ended in Jun. 2024 was $0.17 Mil. Amicorp FS (UK)'s Cost of Goods Sold for the six months ended in Jun. 2024 was $4.05 Mil. Hence, Amicorp FS (UK)'s Days Payable for the six months ended in Jun. 2024 was 7.55.

The historical rank and industry rank for Amicorp FS (UK)'s Days Payable or its related term are showing as below:

LSE:AMIF' s Days Payable Range Over the Past 10 Years
Min: 6.43   Med: 12.99   Max: 16.77
Current: 6.43

During the past 4 years, Amicorp FS (UK)'s highest Days Payable was 16.77. The lowest was 6.43. And the median was 12.99.

LSE:AMIF's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 66.08 vs LSE:AMIF: 6.43

Amicorp FS (UK)'s Days Payable declined from Jun. 2023 (9.21) to Jun. 2024 (7.55). It may suggest that Amicorp FS (UK) accelerated paying its suppliers.


Amicorp FS (UK) Days Payable Historical Data

The historical data trend for Amicorp FS (UK)'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.

Amicorp FS (UK) Days Payable Chart

Amicorp FS (UK) Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- - 16.77 9.20

Amicorp FS (UK) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable - 20.03 9.21 5.50 7.55

Competitive Comparison of Amicorp FS (UK)'s Days Payable

For the Asset Management subindustry, Amicorp FS (UK)'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.


Amicorp FS (UK)'s Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Amicorp FS (UK)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Amicorp FS (UK)'s Days Payable falls into.


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Amicorp FS (UK) 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.

Amicorp FS (UK)'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
=( (0.201 + 0.151) / 2 ) / 6.985*365
=0.176 / 6.985*365
=9.20

Amicorp FS (UK)'s Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.151 + 0.184) / 2 ) / 4.05*365 / 2
=0.1675 / 4.05*365 / 2
=7.55

* 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.


Amicorp FS (UK) Days Payable Related Terms

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Amicorp FS (UK) Business Description

Traded in Other Exchanges
N/A
Address
5 Lloyd's Avenue, 3rd Floor, London, GBR, EC3N 3AE
Amicorp FS (UK) PLC is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital, and real estate) as well as family offices to provide a suite of specialist services across markets. Its reportable segments of the company include fund administration, business process outsourcing, and regulatory and compliance. The company generates the majority of its revenue from the Fund administration segment. Geographically the company generates revenue from Europe, the Middle East, Asia and India, and Latin America.

Amicorp FS (UK) Headlines

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