Croma Security Solutions Group (LSE:CSSG) Days Payable : 78.86 (As of Dec. 2023)

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What is Croma Security Solutions Group Days Payable?

Croma Security Solutions Group's average Accounts Payable for the six months ended in Dec. 2023 was £1.04 Mil. Croma Security Solutions Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.41 Mil. Hence, Croma Security Solutions Group's Days Payable for the six months ended in Dec. 2023 was 78.86.

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

LSE:CSSG' s Days Payable Range Over the Past 10 Years
Min: 5.75 Med: 10.46 Max: 110.25
Current: 110.25

During the past 13 years, Croma Security Solutions Group's highest Days Payable was 110.25. The lowest was 5.75. And the median was 10.46.

LSE:CSSG's Days Payable is ranked better than
77.83% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs LSE:CSSG: 110.25

Croma Security Solutions Group's Days Payable declined from Dec. 2022 (128.29) to Dec. 2023 (78.86). It may suggest that Croma Security Solutions Group accelerated paying its suppliers.

Croma Security Solutions Group Days Payable Historical Data

The historical data trend for Croma Security Solutions 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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Croma Security Solutions Group Days Payable Chart

Croma Security Solutions Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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7.60

6.45

5.75

73.94

61.29

Croma Security Solutions Group 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															323.96	409.73	128.29	112.57	78.86

Competitive Comparison of Croma Security Solutions Group's Days Payable

For the Security & Protection Services subindustry, Croma Security Solutions 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.

Croma Security Solutions Group's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Croma Security Solutions Group's Days Payable falls into.

Croma Security Solutions 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.

Croma Security Solutions Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.815	+	0.621)	/	2 )	/	4.276	*	365
=	0.718					/	4.276	*	365
=	61.29

Croma Security Solutions Group'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
=	( (0.621	+	1.461)	/	2 )	/	2.409	*	365 / 2
=	1.041					/	2.409	*	365 / 2
=	78.86

Croma Security Solutions Group Days Payable Related Terms

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Croma Security Solutions Group (LSE:CSSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Croma Security Solutions Group PLC (LSE:CSSG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 7 and 8, Solent Way, Fulcrum 4, Fareham, Whiteley, Hampshire, GBR, PO15 7FT

Website

https://www.cssgplc.com

Croma Security Solutions Group PLC is a UK based company, engaged in providing security services. Business activity of the group is operated through segments namely Croma Fire and Security, and Croma Locksmiths. The company offers asset protection through CTV security, fire, and alarm systems; identity management and access control; biometric entry systems; Locksmithing Keys, locks, and safes. The group derives majority of its revenue from Croma Locksmiths segment.

Croma Security Solutions Group (LSE:CSSG) Headlines

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