Maistro (LSE:MAIS) Days Payable : 117.66 (As of Dec. 2018)

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What is Maistro Days Payable?

Maistro's average Accounts Payable for the six months ended in Dec. 2018 was £0.55 Mil. Maistro's Cost of Goods Sold for the six months ended in Dec. 2018 was £0.85 Mil. Hence, Maistro's Days Payable for the six months ended in Dec. 2018 was 117.66.

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

LSE:MAIS' s Days Payable Range Over the Past 10 Years
Min: 17.38 Med: 87.72 Max: 11680
Current: 105.79

During the past 10 years, Maistro's highest Days Payable was 11680.00. The lowest was 17.38. And the median was 87.72.

LSE:MAIS's Days Payable is not ranked
in the Software industry.
Industry Median: 50.36 vs LSE:MAIS: 105.79

Maistro's Days Payable declined from Dec. 2017 (290.62) to Dec. 2018 (117.66). It may suggest that Maistro accelerated paying its suppliers.

Maistro Days Payable Historical Data

The historical data trend for Maistro'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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Maistro Days Payable Chart

Maistro Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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54.79

93.61

172.36

245.93

108.75

Maistro Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Days Payable	Get a 7-Day Free Trial										382.04	501.31	290.62	192.81	117.66

Competitive Comparison of Maistro's Days Payable

For the Software - Application subindustry, Maistro'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.

Maistro's Days Payable Distribution in the Software Industry

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

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

Maistro 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.

Maistro's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.412	+	0.405)	/	2 )	/	1.371	*	365
=	0.4085					/	1.371	*	365
=	108.75

Maistro's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

	Days Payable (Q: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0.691	+	0.405)	/	2 )	/	0.85	*	365 / 2
=	0.548					/	0.85	*	365 / 2
=	117.66

Maistro Days Payable Related Terms

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Maistro (LSE:MAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maistro PLC (LSE:MAIS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN

Website

https://www.maistro.com

Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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