Sancus Lending Group (LSE:LENZ.PFD) Days Payable : 5.86 (As of Jun. 2023)

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What is Sancus Lending Group Days Payable?

Sancus Lending Group's average Accounts Payable for the six months ended in Jun. 2023 was £0.16 Mil. Sancus Lending Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £5.11 Mil. Hence, Sancus Lending Group's Days Payable for the six months ended in Jun. 2023 was 5.86.

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

LSE:LENZ.PFD' s Days Payable Range Over the Past 10 Years
Min: 29.07 Med: 67.8 Max: 91.18
Current: 29.07

During the past 13 years, Sancus Lending Group's highest Days Payable was 91.18. The lowest was 29.07. And the median was 67.80.

LSE:LENZ.PFD's Days Payable is ranked worse than
59.86% of 284 companies
in the Credit Services industry
Industry Median: 43.895 vs LSE:LENZ.PFD: 29.07

Sancus Lending Group's Days Payable declined from Jun. 2022 (89.38) to Jun. 2023 (5.86). It may suggest that Sancus Lending Group accelerated paying its suppliers.

Sancus Lending Group Days Payable Historical Data

The historical data trend for Sancus Lending 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.

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Sancus Lending Group Days Payable Chart

Sancus Lending Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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91.18

44.42

Sancus Lending Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															77.43	82.91	89.38	46.94	5.86

Competitive Comparison of Sancus Lending Group's Days Payable

For the Credit Services subindustry, Sancus Lending 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.

Sancus Lending Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sancus Lending Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sancus Lending Group's Days Payable falls into.

Sancus Lending 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.

Sancus Lending Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.628	+	0.224)	/	2 )	/	7.609	*	365
=	0.926					/	7.609	*	365
=	44.42

Sancus Lending Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.224	+	0.104)	/	2 )	/	5.105	*	365 / 2
=	0.164					/	5.105	*	365 / 2
=	5.86

Sancus Lending Group Days Payable Related Terms

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Sancus Lending Group (LSE:LENZ.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sancus Lending Group Ltd (LSE:LENZ.PFD) » Definitions » Days Payable

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Traded in Other Exchanges

LEND:UK

Address

Les Vardes House, La Charrotiere, Saint Peter Port, GGY, GY1 1EL

Website

https://www.sancus.com

Sancus Lending Group Ltd is an alternative finance provider, offering borrowers fast, bespoke bridging and development finance and co-funders a range of asset-backed funding opportunities. Its segments include Offshore, United Kingdom, Ireland, and Sancus Loans Limited. The Offshore segment includes the operations of Sancus Lending (Jersey) Limited, Sancus Lending (Guernsey) Limited, Sancus Lending (Gibraltar) Limited, Sancus Properties Limited, and Sancus Group Holdings Limited.

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