Gear4music (Holdings) (LSE:G4M) Days Payable : 43.76 (As of Sep. 2024)

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What is Gear4music (Holdings) Days Payable?

Gear4music (Holdings)'s average Accounts Payable for the six months ended in Sep. 2024 was £10.8 Mil. Gear4music (Holdings)'s Cost of Goods Sold for the six months ended in Sep. 2024 was £45.2 Mil. Hence, Gear4music (Holdings)'s Days Payable for the six months ended in Sep. 2024 was 43.76.

The historical rank and industry rank for Gear4music (Holdings)'s Days Payable or its related term are showing as below:

LSE:G4M' s Days Payable Range Over the Past 10 Years
Min: 28.16 Med: 36.64 Max: 52.77
Current: 40.52

During the past 11 years, Gear4music (Holdings)'s highest Days Payable was 52.77. The lowest was 28.16. And the median was 36.64.

LSE:G4M's Days Payable is ranked worse than
61.98% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.06 vs LSE:G4M: 40.52

Gear4music (Holdings)'s Days Payable declined from Sep. 2023 (44.81) to Sep. 2024 (43.76). It may suggest that Gear4music (Holdings) accelerated paying its suppliers.

Gear4music (Holdings) Days Payable Historical Data

The historical data trend for Gear4music (Holdings)'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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Gear4music (Holdings) Days Payable Chart

Gear4music (Holdings) Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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35.64

35.29

35.75

30.32

28.16

Gear4music (Holdings) Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															37.43	28.31	44.81	30.80	43.76

Competitive Comparison of Gear4music (Holdings)'s Days Payable

For the Internet Retail subindustry, Gear4music (Holdings)'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.

Gear4music (Holdings)'s Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gear4music (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Gear4music (Holdings)'s Days Payable falls into.

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Gear4music (Holdings) 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.

Gear4music (Holdings)'s Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (9.3	+	6.895)	/	2 )	/	104.947	*	365
=	8.0975					/	104.947	*	365
=	28.16

Gear4music (Holdings)'s Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (6.895	+	14.803)	/	2 )	/	45.247	*	365 / 2
=	10.849					/	45.247	*	365 / 2
=	43.76

Gear4music (Holdings) Days Payable Related Terms

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Gear4music (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gear4music (Holdings) PLC (LSE:G4M) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Holgate Park Drive, York, GBR, YO26 4GN

Website

https://www.gear4musicplc.com

Gear4music (Holdings) PLC, a holding company operates as an online retailer of musical instruments and equipment. Geographically, it derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World. It generates revenue by-products such as Own-brand products, Other-brand products, Warranty income and Other. The company has developed its e-commerce platform, with multilingual, multicurrency and responsive design Websites.

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