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Irish Continental Group (LSE:ICGC) Days Payable : 154.99 (As of Dec. 2023)


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What is Irish Continental Group Days Payable?

Irish Continental Group's average Accounts Payable for the six months ended in Dec. 2023 was £75.9 Mil. Irish Continental Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £89.4 Mil. Hence, Irish Continental Group's Days Payable for the six months ended in Dec. 2023 was 154.99.

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

LSE:ICGC' s Days Payable Range Over the Past 10 Years
Min: 87.69   Med: 192.96   Max: 407.8
Current: 173.96

During the past 13 years, Irish Continental Group's highest Days Payable was 407.80. The lowest was 87.69. And the median was 192.96.

LSE:ICGC's Days Payable is ranked better than
91.98% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs LSE:ICGC: 173.96

Irish Continental Group's Days Payable declined from Dec. 2022 (158.93) to Dec. 2023 (154.99). It may suggest that Irish Continental Group accelerated paying its suppliers.


Irish Continental Group Days Payable Historical Data

The historical data trend for Irish Continental Group'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.

Irish Continental Group Days Payable Chart

Irish Continental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.01 114.58 97.51 86.78 109.49

Irish Continental Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 135.83 364.33 158.93 322.96 154.99

Competitive Comparison of Irish Continental Group's Days Payable

For the Marine Shipping subindustry, Irish Continental Group'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.


Irish Continental Group's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Irish Continental Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Irish Continental Group's Days Payable falls into.



Irish Continental Group 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.

Irish Continental Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (32.266 + 45.057) / 2 ) / 128.881*365
=38.6615 / 128.881*365
=109.49

Irish Continental Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (106.83 + 45.057) / 2 ) / 89.425*365 / 2
=75.9435 / 89.425*365 / 2
=154.99

* 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.


Irish Continental Group Days Payable Related Terms

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Irish Continental Group (LSE:ICGC) Business Description

Traded in Other Exchanges
Address
Alexandra Road, Ferryport, Dublin 1, IRL, D01W2F5
Irish Continental Group PLC is a transportation and logistics company domiciled in Ireland. The company organizes itself into two segments: ferries and containers & terminals. The ferries segment transports passengers and vehicles on roll-on/roll-off ferries and chartering vessels. The containers and terminal segment transports cargo and provides stevedoring and other related terminal services. Its geographical segments are Ireland, United Kingdom, Netherlands, Belgium, France, and Others.

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