Avanti Communications Group (LSE:AVN) Days Payable: 151.09 (As of Jun. 2020) — 11% Below Median


What is Avanti Communications Group Days Payable?

Avanti Communications Group LSE:AVN -87.07% Days Payable is 151.09 as of Jun. 2020, which is 11% below its 10-year median of 169.22. The stock has 7 warning signs investors should review.

Avanti Communications Group's average Accounts Payable for the six months ended in Jun. 2020 was £12.77 Mil. Avanti Communications Group's Cost of Goods Sold for the six months ended in Jun. 2020 was £15.42 Mil. Hence, Avanti Communications Group's Days Payable for the six months ended in Jun. 2020 was 151.09.

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

LSE:AVN' s Days Payable Range Over the Past 10 Years
Min: 56.31   Med: 169.22   Max: 724.23
Current: 302.01

During the past 13 years, Avanti Communications Group's highest Days Payable was 724.23. The lowest was 56.31. And the median was 169.22.

LSE:AVN's Days Payable is not ranked
in the Telecommunication Services industry.
Industry Median: 106.335 vs LSE:AVN: 302.01

Avanti Communications Group's Days Payable declined from Jun. 2019 (738.26) to Jun. 2020 (151.09). It may suggest that Avanti Communications Group accelerated paying its suppliers.


Avanti Communications Group Days Payable Historical Data

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The historical data trend for Avanti Communications 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.

Avanti Communications Group Days Payable Chart

Avanti Communications Group Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.45 56.31 236.75 164.19 174.24

Avanti Communications Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Dec19 Jun20
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 341.88 1,456.91 738.26 440.46 151.09

LSE:AVN vs FNGR, FTRCQ, SYTE: Days Payable Comparison

For the Telecom Services subindustry, Avanti Communications 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.


Avanti Communications Group Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Avanti Communications Group's Days Payable distribution charts can be found below:

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



Avanti Communications 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.

Avanti Communications Group's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2017 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (7.732 + 14.268) / 2 ) / 23.043*365
=11 / 23.043*365
=174.24

Avanti Communications Group's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (14.268 + 11.266) / 2 ) / 15.421*365 / 2
=12.767 / 15.421*365 / 2
=151.09

* 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 151.09 mean?
Avanti Communications Group (LSE:AVN) has a Days Payable of 151.09 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Avanti Communications Group and its competitors. This is 11% below median its historical median of 169.22. Over the past decade, Avanti Communications Group's Days Payable has ranged from 56.31 to 724.23.
Is Avanti Communications Group's Days Payable too high?
Avanti Communications Group's current Days Payable of 151.09 is 11% below median its 10-year median of 169.22. Over the past 10 years, this metric has ranged from a low of 56.31 to a high of 724.23. The Telecommunication Services industry median Days Payable is 106.34. Avanti Communications Group's value of 151.09 is 42.1% above this industry median.
How does Avanti Communications Group's Days Payable compare to FNGR and FTRCQ?
Avanti Communications Group's Days Payable of 151.09 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. Avanti Communications Group's value of 151.09 is 42.1% above this benchmark. Historically, Avanti Communications Group's own Days Payable has ranged from 56.31 to 724.23 over the past decade. While the company's 10-year median is 169.22 vs. the industry median of 106.34, Avanti Communications Group has consistently been above the industry average. 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 340 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. Avanti Communications Group's current Days Payable of 151.09 is 42.1% 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 Avanti Communications Group and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avanti Communications Group's current Days Payable is 151.09, which is 11% below median its own 10-year median of 169.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanti Communications Group stock overvalued right now?
Avanti Communications Group (LSE:AVN) has a current Days Payable of 151.09. The current Days Payable is 151.09, which is 11% below median its 10-year median of 169.22 and 42.1% above the Telecommunication Services industry median of 106.34. 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 Avanti Communications Group (LSE:AVN), the current Days Payable is 151.09 as of Jun. 2020. 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.

Avanti Communications Group Business Description

Address 20 Black Friars Lane, Cobham House, London, GBR, EC4V 6EB
Avanti Communications Group PLC sells managed satellite data communications products to service providers on a wholesale basis. It uses the high-frequency Ka-band spectrum. The company's operating segments include Bandwidth and services, and Equipment. Its network can provide download speeds of up to 380Mbps. The company generates its revenues from the utilisation of its space assets, namely its spectrum rights and satellites. These assets include its spectrum rights, satellites, intellectual property, and ground station assets. It serves customers across Europe, the Middle East, and Africa.