Management Consulting Group (LSE:MMC) Days Payable: 114.66 (As of Dec. 2019) — 693% Above Median


What is Management Consulting Group Days Payable?

Management Consulting Group LSE:MMC -30.09% Days Payable is 114.66 as of Dec. 2019, which is 693% above its 10-year median of 14.46. The stock has 3 warning signs investors should review.

Management Consulting Group's average Accounts Payable for the six months ended in Dec. 2019 was £5.01 Mil. Management Consulting Group's Cost of Goods Sold for the six months ended in Dec. 2019 was £7.97 Mil. Hence, Management Consulting Group's Days Payable for the six months ended in Dec. 2019 was 114.66.

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

LSE:MMC' s Days Payable Range Over the Past 10 Years
Min: 6.83   Med: 14.46   Max: 23.17
Current: 19.54

During the past 13 years, Management Consulting Group's highest Days Payable was 23.17. The lowest was 6.83. And the median was 14.46.

LSE:MMC's Days Payable is not ranked
in the Business Services industry.
Industry Median: 46.92 vs LSE:MMC: 19.54

Management Consulting Group's Days Payable declined from Dec. 2018 (151.12) to Dec. 2019 (114.66). It may suggest that Management Consulting Group accelerated paying its suppliers.


Management Consulting Group Days Payable Historical Data

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The historical data trend for Management Consulting 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.

Management Consulting Group Days Payable Chart

Management Consulting Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.30 23.59 22.13 15.95 16.16

Management Consulting Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 269.15 163.57 151.12 96.03 114.66

LSE:MMC vs INFO, VRSK, EFX: Days Payable Comparison

For the Consulting Services subindustry, Management Consulting 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.


Management Consulting Group Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Management Consulting Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Management Consulting Group's Days Payable falls into.



Management Consulting 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.

Management Consulting Group's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.602 + 0.92) / 2 ) / 17.186*365
=0.761 / 17.186*365
=16.16

Management Consulting Group's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (9.096 + 0.92) / 2 ) / 7.971*365 / 2
=5.008 / 7.971*365 / 2
=114.66

* 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 114.66 mean?
Management Consulting Group (LSE:MMC) has a Days Payable of 114.66 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Management Consulting Group and its competitors. This is 693% above median its historical median of 14.46. Over the past decade, Management Consulting Group's Days Payable has ranged from 6.83 to 23.17.
Is Management Consulting Group's Days Payable too high?
Management Consulting Group's current Days Payable of 114.66 is 693% above median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 23.17. The Business Services industry median Days Payable is 46.92. Management Consulting Group's value of 114.66 is 144.4% above this industry median.
How does Management Consulting Group's Days Payable compare to INFO and VRSK?
Management Consulting Group's Days Payable of 114.66 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Management Consulting Group's value of 114.66 is 144.4% above this benchmark. Historically, Management Consulting Group's own Days Payable has ranged from 6.83 to 23.17 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 46.92, Management Consulting Group has consistently been above the industry average. 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Management Consulting Group's current Days Payable of 114.66 is 144.4% above the industry median. 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 Management Consulting Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Management Consulting Group's current Days Payable is 114.66, which is 693% above median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Management Consulting Group stock overvalued right now?
Based on GuruFocus' analysis, Management Consulting Group (LSE:MMC) is currently considered Possible Value Trap. The current Days Payable is 114.66, which is 693% above median its 10-year median of 14.46 and 144.4% above the Business Services industry median of 46.92. 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 Management Consulting Group (LSE:MMC), the current Days Payable is 114.66 as of Dec. 2019. 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.

Management Consulting Group Business Description

Address 10 Warwick Lane, St. Paul’s House, 4th Floor, London, GBR, EC4M 7BP
Management Consulting Group PLC is engaged in providing professional services to various industries and sectors via the Proudfoot practice. Proudfoot, which is a professional service practice designs, implements and accelerates the operational transformation that realizes tomorrow's results today. The company serves various industries including manufacturing, natural resources, consumer packaged goods, transportation, automotive, building materials and heavy industry. It also provides market-specific local customization for Financial Services and Healthcare sectors. The company provides its services in the Americas, Europe among other regions, and generates a vast majority of its revenue from Europe.