NARF Industries (LSE:NARF) Days Payable : 177.46 (As of Jun. 2023)

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What is NARF Industries Days Payable?

NARF Industries's average Accounts Payable for the six months ended in Jun. 2023 was £0.53 Mil. NARF Industries's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.54 Mil. Hence, NARF Industries's Days Payable for the six months ended in Jun. 2023 was 177.46.

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

LSE:NARF's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 48.75
* Ranked among companies with meaningful Days Payable only.

NARF Industries's Days Payable declined from Jun. 2022 (5,064.38) to Jun. 2023 (177.46). It may suggest that NARF Industries accelerated paying its suppliers.

NARF Industries Days Payable Historical Data

The historical data trend for NARF Industries'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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NARF Industries Days Payable Chart

NARF Industries Annual Data

Trend

Mar20

Dec21

Days Payable

447.50

NARF Industries Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	-	-	5,064.38	43.93	177.46

Competitive Comparison of NARF Industries's Days Payable

For the Software - Infrastructure subindustry, NARF Industries'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.

NARF Industries's Days Payable Distribution in the Software Industry

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

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

NARF Industries 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.

NARF Industries's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.08	+	1.173)	/	2 )	/	0.511	*	365
=	0.6265					/	0.511	*	365
=	447.50

NARF Industries'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
=	( (0.082	+	0.974)	/	2 )	/	0.543	*	365 / 2
=	0.528					/	0.543	*	365 / 2
=	177.46

NARF Industries Days Payable Related Terms

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NARF Industries Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Fleet Place, London, GBR, EC4M 7RD

Website

https://www.narfgroup.com

NARF Industries PLC is a cybersecurity company. It is focused on building a group capable of offering cybersecurity solutions in the USA and abroad. The Group provides government research and development services (GR&D) and government solutions and services (GS&S). GR&D services principally comprise theoretical research into potential cybersecurity threats along with the development of source code to test cybersecurity defenses against those threats. GS&S services include the development of infrastructure and software to analyze potential threats and seek to reduce risks.

NARF Industries Headlines

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