CloudCoCo Group (LSE:CLCO) Days Payable : 112.22 (As of Sep. 2023)

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What is CloudCoCo Group Days Payable?

CloudCoCo Group's average Accounts Payable for the six months ended in Sep. 2023 was £5.49 Mil. CloudCoCo Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £8.93 Mil. Hence, CloudCoCo Group's Days Payable for the six months ended in Sep. 2023 was 112.22.

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

LSE:CLCO' s Days Payable Range Over the Past 10 Years
Min: 75.55 Med: 93.9 Max: 225.89
Current: 109.08

During the past 13 years, CloudCoCo Group's highest Days Payable was 225.89. The lowest was 75.55. And the median was 93.90.

LSE:CLCO's Days Payable is ranked better than
71.02% of 2536 companies
in the Software industry
Industry Median: 50.42 vs LSE:CLCO: 109.08

CloudCoCo Group's Days Payable increased from Sep. 2022 (99.75) to Sep. 2023 (112.22). It may suggest that CloudCoCo Group delayed paying its suppliers.

CloudCoCo Group Days Payable Historical Data

The historical data trend for CloudCoCo 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.

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CloudCoCo Group Days Payable Chart

CloudCoCo Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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102.26

90.73

126.72

75.55

108.12

CloudCoCo Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															135.77	75.83	99.75	106.80	112.22

Competitive Comparison of CloudCoCo Group's Days Payable

For the Software - Infrastructure subindustry, CloudCoCo 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.

CloudCoCo Group's Days Payable Distribution in the Software Industry

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

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

CloudCoCo 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.

CloudCoCo Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (4.717	+	5.655)	/	2 )	/	17.508	*	365
=	5.186					/	17.508	*	365
=	108.12

CloudCoCo Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5.325	+	5.655)	/	2 )	/	8.928	*	365 / 2
=	5.49					/	8.928	*	365 / 2
=	112.22

CloudCoCo Group Days Payable Related Terms

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CloudCoCo Group (LSE:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CloudCoCo Group PLC (LSE:CLCO) » Definitions » Days Payable

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Traded in Other Exchanges

GV2A:Germany

Address

5 Fleet Place, London, GBR, EC4M 7RD

Website

https://www.cloudcoco.co.uk

CloudCoCo Group PLC is a United Kingdom-based company engaged in being the provision of IT managed services ,Value Added Resale to customers. VAR is the resale of one-time solutions (hardware and software) from leading technology partners and Managed IT Services, which comprises recurring services and ongoing IT support often utilising the data centre locations, core network or technical skills at our disposal.