Highway Capital (LSE:HWC) Days Payable: 0.00 (As of Feb. 2023)


What is Highway Capital Days Payable?

Highway Capital LSE:HWC Days Payable is 0.00 as of Feb. 2023.

Highway Capital's average Accounts Payable for the six months ended in Feb. 2023 was £0.63 Mil. Highway Capital's Cost of Goods Sold for the six months ended in Feb. 2023 was £0.00 Mil.

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

LSE:HWC's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 56
* Ranked among companies with meaningful Days Payable only.

Highway Capital's Days Payable stayed the same from Feb. 2022 (0.00) to Feb. 2023 (0.00).

Highway Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Highway Capital'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.

Highway Capital Days Payable Chart

Highway Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Highway Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
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 0.00 0.00 0.00 0.00 0.00

LSE:HWC vs HON, MMM, IEP: Days Payable Comparison

For the Conglomerates subindustry, Highway Capital'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.

Highway Capital Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Highway Capital's Days Payable distribution charts can be found below:

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


Highway Capital 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.

Highway Capital's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (0.999 + 0.354) / 2 ) / 0*365
=0.6765 / 0*365
=N/A

Highway Capital's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

Days Payable (Q: Feb. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2022 ) + Accounts Payable (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*Days in Period
=( (0.909 + 0.354) / 2 ) / 0*365 / 2
=0.6315 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Highway Capital (LSE:HWC) has a Days Payable of 0.00 as of Feb. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Highway Capital and its competitors.
Is Highway Capital's Days Payable too high?
Highway Capital's current Days Payable is 0.00.
How does Highway Capital's Days Payable compare to HON and MMM?
Highway Capital's Days Payable of 0.00 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 56.00, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Highway Capital and its competitors. For the Conglomerates industry, the median Days Payable is 56.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Capital's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Capital stock overvalued right now?
Highway Capital (LSE:HWC) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Highway Capital (LSE:HWC), the current Days Payable is 0.00 as of Feb. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Highway Capital Business Description

Address Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL
Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.