Hercules Site Services (LSE:HERC) Days Payable : 22.82 (As of Sep. 2024)

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What is Hercules Site Services Days Payable?

Hercules Site Services's average Accounts Payable for the six months ended in Sep. 2024 was £5.8 Mil. Hercules Site Services's Cost of Goods Sold for the six months ended in Sep. 2024 was £46.3 Mil. Hence, Hercules Site Services's Days Payable for the six months ended in Sep. 2024 was 22.82.

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

LSE:HERC' s Days Payable Range Over the Past 10 Years
Min: 2.73 Med: 13.03 Max: 16.97
Current: 16.65

During the past 8 years, Hercules Site Services's highest Days Payable was 16.97. The lowest was 2.73. And the median was 13.03.

LSE:HERC's Days Payable is ranked worse than
96.35% of 1669 companies
in the Construction industry
Industry Median: 77.17 vs LSE:HERC: 16.65

Hercules Site Services's Days Payable increased from Sep. 2023 (16.80) to Sep. 2024 (22.82). It may suggest that Hercules Site Services delayed paying its suppliers.

Hercules Site Services Days Payable Historical Data

The historical data trend for Hercules Site Services'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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Hercules Site Services Days Payable Chart

Hercules Site Services Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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16.97

14.43

16.36

7.19

2.73

Hercules Site Services Semi-Annual Data
	Sep17	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial								22.15	25.43	16.80	24.51	22.82

Competitive Comparison of Hercules Site Services's Days Payable

For the Engineering & Construction subindustry, Hercules Site Services'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.

Hercules Site Services's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hercules Site Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Hercules Site Services's Days Payable falls into.

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Hercules Site Services 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.

Hercules Site Services's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0.331	+	0.969)	/	2 )	/	86.961	*	365
=	0.65					/	86.961	*	365
=	2.73

Hercules Site Services'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
=	( (10.6	+	0.969)	/	2 )	/	46.261	*	365 / 2
=	5.7845					/	46.261	*	365 / 2
=	22.82

Hercules Site Services Days Payable Related Terms

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Hercules Site Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hercules Site Services PLC (LSE:HERC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Broadway Lane, South Cerney, Lakeside Business Park, Hercules Court, Cirencester, GBR, GL7 5XZ

Website

https://www.hercules-construction.co.uk

Hercules Site Services PLC provides labour and construction services to blue-chip clients in the UK infrastructure sector. has four reportable segments: Labour supply, civil projects, the provision of suction excavator services and other activities. It generates maximum revenue from Labour supply segment. Labour supply is its core business, supplying skilled and qualified labour to construction companies to deliver key infrastructure, civil engineering, utilities, groundworks, highway, and railway projects. Its construction services business is made up of Civil Projects, where it partners with contractors to provide end-to-end project delivery for civil engineering contracts, and Specialist Plant Hire, where the company hires out its fleet of suction excavators.