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Holders Technology (LSE:HDT) Days Payable : 57.33 (As of May. 2023)


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What is Holders Technology Days Payable?

Holders Technology's average Accounts Payable for the six months ended in May. 2023 was £0.82 Mil. Holders Technology's Cost of Goods Sold for the six months ended in May. 2023 was £2.60 Mil. Hence, Holders Technology's Days Payable for the six months ended in May. 2023 was 57.33.

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

LSE:HDT' s Days Payable Range Over the Past 10 Years
Min: 20.08   Med: 24.26   Max: 63.65
Current: 63.65

During the past 13 years, Holders Technology's highest Days Payable was 63.65. The lowest was 20.08. And the median was 24.26.

LSE:HDT's Days Payable is not ranked
in the Hardware industry.
Industry Median: 68.005 vs LSE:HDT: 63.65

Holders Technology's Days Payable declined from May. 2022 (77.00) to May. 2023 (57.33). It may suggest that Holders Technology accelerated paying its suppliers.


Holders Technology Days Payable Historical Data

The historical data trend for Holders Technology'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.

Holders Technology Days Payable Chart

Holders Technology Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.42 20.08 23.10 20.87 30.24

Holders Technology Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.93 36.48 77.00 51.14 57.33

Competitive Comparison of Holders Technology's Days Payable

For the Electronic Components subindustry, Holders Technology'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.


Holders Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holders Technology's Days Payable distribution charts can be found below:

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



Holders Technology 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.

Holders Technology's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

Days Payable (A: Nov. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2021 ) + Accounts Payable (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (0.507 + 0.392) / 2 ) / 5.425*365
=0.4495 / 5.425*365
=30.24

Holders Technology's Days Payable for the quarter that ended in May. 2023 is calculated as:

Days Payable (Q: May. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (0.392 + 1.244) / 2 ) / 2.604*365 / 2
=0.818 / 2.604*365 / 2
=57.33

* 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.


Holders Technology Days Payable Related Terms

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Holders Technology (LSE:HDT) Business Description

Traded in Other Exchanges
N/A
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Holders Technology PLC is a UK-based company that supplies specialty laminates and materials for printed circuit board manufacture and operates as a Lighting and Control Solutions provider. The group has four operating subsidiaries: PCB UK, PCB Germany, LCS UK and LCS Germany. Both PCB divisions have very similar products, processes, customers, distribution means and margins.. PCB which distributes materials, equipment and supplies to the PCB industry; and LCS, which distributes Lighting and Controls-related components, lighting products, and lighting solutions. It operates its business across the United Kingdom, Germany, and the Rest of the world.

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