Financials Acquisition (LSE:FINS) Days Payable : 0.00 (As of Jun. 2023)

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What is Financials Acquisition Days Payable?

Financials Acquisition's average Accounts Payable for the six months ended in Jun. 2023 was £0.00 Mil. Financials Acquisition's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.00 Mil.

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

LSE:FINS's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 86.81
* Ranked among companies with meaningful Days Payable only.

Financials Acquisition's Days Payable stayed the same from . 20 (0.00) to Jun. 2023 (0.00).

Financials Acquisition Days Payable Historical Data

The historical data trend for Financials Acquisition'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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Financials Acquisition Days Payable Chart

Financials Acquisition Annual Data

Trend

Dec21

Dec22

Days Payable

Financials Acquisition Semi-Annual Data
	Jun23
Days Payable	-

Competitive Comparison of Financials Acquisition's Days Payable

For the Shell Companies subindustry, Financials Acquisition'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.

Financials Acquisition's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Financials Acquisition's Days Payable distribution charts can be found below:

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

Financials Acquisition 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.

Financials Acquisition's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.042	+	0)	/	1 )	/	0	*	365
=	0.042					/	0	*	365
=	N/A

Financials Acquisition's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: . 20 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Financials Acquisition Days Payable Related Terms

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Financials Acquisition (LSE:FINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financials Acquisition Corp (LSE:FINS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Conyers Trust Company (Cayman) Ltd, Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, CYM, KY1-1111

Website

https://www.finsac.co.uk

Financials Acquisition Corp is a special purpose acquisition company incorporated under the laws of the Cayman Islands as an exempted company limited by shares for the purpose of completing a Business Combination with a company or business operating principally in the insurance or broader financial services industry.