Billing Services Group (LSE:BILL) Days Payable: 64.08 (As of Jun. 2019) — 13% Above Median


What is Billing Services Group Days Payable?

Billing Services Group LSE:BILL Days Payable is 64.08 as of Jun. 2019, which is 13% above its 10-year median of 56.82. The stock has 5 warning signs investors should review.

Billing Services Group's average Accounts Payable for the six months ended in Jun. 2019 was £0.69 Mil. Billing Services Group's Cost of Goods Sold for the six months ended in Jun. 2019 was £1.98 Mil. Hence, Billing Services Group's Days Payable for the six months ended in Jun. 2019 was 64.08.

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

LSE:BILL' s Days Payable Range Over the Past 10 Years
Min: 40.43   Med: 56.82   Max: 66.87
Current: 39.79

During the past 13 years, Billing Services Group's highest Days Payable was 66.87. The lowest was 40.43. And the median was 56.82.

LSE:BILL's Days Payable is not ranked
in the Business Services industry.
Industry Median: 46.92 vs LSE:BILL: 39.79

Billing Services Group's Days Payable declined from Jun. 2018 (72.41) to Jun. 2019 (64.08). It may suggest that Billing Services Group accelerated paying its suppliers.

Billing Services Group Days Payable Historical Data

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The historical data trend for Billing Services 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.

Billing Services Group Days Payable Chart

Billing Services Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.33 53.96 59.95 75.68 71.90

Billing Services Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 79.18 64.83 72.41 77.71 64.08

LSE:BILL vs GPN, CTAS, CPRT: Days Payable Comparison

For the Specialty Business Services subindustry, Billing Services 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.

Billing Services Group Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Billing Services Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Billing Services Group's Days Payable falls into.


Billing Services 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.

Billing Services Group's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (1.062 + 0.924) / 2 ) / 5.041*365
=0.993 / 5.041*365
=71.90

Billing Services Group's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0.924 + 0.465) / 2 ) / 1.978*365 / 2
=0.6945 / 1.978*365 / 2
=64.08

* 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 64.08 mean?
Billing Services Group (LSE:BILL) has a Days Payable of 64.08 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Billing Services Group and its competitors. This is 13% above median its historical median of 56.82. Over the past decade, Billing Services Group's Days Payable has ranged from 40.43 to 66.87.
Is Billing Services Group's Days Payable too high?
Billing Services Group's current Days Payable of 64.08 is 13% above median its 10-year median of 56.82. Over the past 10 years, this metric has ranged from a low of 40.43 to a high of 66.87. The Business Services industry median Days Payable is 46.92. Billing Services Group's value of 64.08 is 36.6% above this industry median.
How does Billing Services Group's Days Payable compare to GPN and CTAS?
Billing Services Group's Days Payable of 64.08 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Billing Services Group's value of 64.08 is 36.6% above this benchmark. Historically, Billing Services Group's own Days Payable has ranged from 40.43 to 66.87 over the past decade. While the company's 10-year median is 56.82 vs. the industry median of 46.92, Billing Services 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Billing Services Group's current Days Payable of 64.08 is 36.6% 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 Billing Services Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing Services Group's current Days Payable is 64.08, which is 13% above median its own 10-year median of 56.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing Services Group stock overvalued right now?
Based on GuruFocus' analysis, Billing Services Group (LSE:BILL) is currently considered Possible Value Trap. The current Days Payable is 64.08, which is 13% above median its 10-year median of 56.82 and 36.6% above the Business Services industry median of 46.92. 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 Billing Services Group (LSE:BILL), the current Days Payable is 64.08 as of Jun. 2019. 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.

Billing Services Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM 12
Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.