GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackbird PLC (LSE:BIRD) » Definitions » Days Payable

Blackbird (LSE:BIRD) Days Payable : 1,940.96 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Blackbird Days Payable?

Blackbird's average Accounts Payable for the six months ended in Dec. 2023 was £0.51 Mil. Blackbird's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.05 Mil. Hence, Blackbird's Days Payable for the six months ended in Dec. 2023 was 1,940.96.

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

LSE:BIRD' s Days Payable Range Over the Past 10 Years
Min: 125.98   Med: 292.55   Max: 1178.52
Current: 1065.56

During the past 13 years, Blackbird's highest Days Payable was 1178.52. The lowest was 125.98. And the median was 292.55.

LSE:BIRD's Days Payable is ranked better than
95.81% of 2532 companies
in the Software industry
Industry Median: 50.275 vs LSE:BIRD: 1065.56

Blackbird's Days Payable increased from Dec. 2022 (1,386.25) to Dec. 2023 (1,940.96). It may suggest that Blackbird delayed paying its suppliers.


Blackbird Days Payable Historical Data

The historical data trend for Blackbird'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.

Blackbird Days Payable Chart

Blackbird Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 330.08 241.84 125.98 178.67 161.90

Blackbird Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,261.02 1,438.15 1,386.25 1,249.88 1,940.96

Competitive Comparison of Blackbird's Days Payable

For the Software - Application subindustry, Blackbird'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.


Blackbird's Days Payable Distribution in the Software Industry

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

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



Blackbird 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.

Blackbird'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
=( (0.065 + 0.045) / 2 ) / 0.124*365
=0.055 / 0.124*365
=161.90

Blackbird's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.976 + 0.045) / 2 ) / 0.048*365 / 2
=0.5105 / 0.048*365 / 2
=1,940.96

* 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.


Blackbird Days Payable Related Terms

Thank you for viewing the detailed overview of Blackbird's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackbird (LSE:BIRD) Business Description

Traded in Other Exchanges
Address
27-37 St George’s Road, Tuition House, Wimbledon, London, GBR, SW19 4EU
Blackbird PLC operates in the SaaS and cloud video market. It has created Blackbird, a suite of cloud-native computing applications for video. Its patented technology allows for frame-accurate navigation, playback, viewing and editing in the cloud. Blackbird enables multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, esports, live events and content owners, post-production houses, other mass-market digital video channels and corporations. Enabling video companies to accelerate their path to true cloud business models, licensees benefit from the power and carbon reductions, cost and time savings, less hardware and bandwidth requirements and easy scalability. The company manages business as a single business segment.

Blackbird (LSE:BIRD) Headlines

From GuruFocus