Goodwin (LSE:GDWN) Days Payable : 58.03 (As of Oct. 2023)

View and export this data going back to 1958. Start your Free Trial

What is Goodwin Days Payable?

Goodwin's average Accounts Payable for the six months ended in Oct. 2023 was £22.7 Mil. Goodwin's Cost of Goods Sold for the six months ended in Oct. 2023 was £71.5 Mil. Hence, Goodwin's Days Payable for the six months ended in Oct. 2023 was 58.03.

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

LSE:GDWN' s Days Payable Range Over the Past 10 Years
Min: 53.72 Med: 64.02 Max: 71.29
Current: 53.72

During the past 13 years, Goodwin's highest Days Payable was 71.29. The lowest was 53.72. And the median was 64.02.

LSE:GDWN's Days Payable is ranked worse than
66.43% of 2934 companies
in the Industrial Products industry
Industry Median: 76.49 vs LSE:GDWN: 53.72

Goodwin's Days Payable increased from Oct. 2022 (52.38) to Oct. 2023 (58.03). It may suggest that Goodwin delayed paying its suppliers.

Goodwin Days Payable Historical Data

The historical data trend for Goodwin'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.

Goodwin Days Payable Chart

Goodwin Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

Get a 7-Day Free Trial

68.29

60.28

71.29

64.34

54.10

Goodwin Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															62.80	61.38	52.38	50.79	58.03

Competitive Comparison of Goodwin's Days Payable

For the Specialty Industrial Machinery subindustry, Goodwin'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.

Goodwin's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodwin's Days Payable distribution charts can be found below:

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

Goodwin 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.

Goodwin's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (18.958	+	22.4)	/	2 )	/	139.521	*	365
=	20.679					/	139.521	*	365
=	54.10

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

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (22.4	+	23.065)	/	2 )	/	71.493	*	365 / 2
=	22.7325					/	71.493	*	365 / 2
=	58.03

Goodwin Days Payable Related Terms

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

Goodwin (LSE:GDWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goodwin PLC (LSE:GDWN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GDWNl:UK GDWN.GB:UK

Address

Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR

Website

https://www.goodwin.co.uk

Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering Segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering Segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering Segment. Geographically it has its presence in the UK, the USA, the Pacific Basin, the Rest of Europe, and the Rest of the World.

Goodwin (LSE:GDWN) Headlines

No Headlines