Next 15 Group (LSE:NFG) Days Payable : 215.97 (As of Jan. 2024)

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What is Next 15 Group Days Payable?

Next 15 Group's average Accounts Payable for the six months ended in Jan. 2024 was £92.7 Mil. Next 15 Group's Cost of Goods Sold for the six months ended in Jan. 2024 was £78.3 Mil. Hence, Next 15 Group's Days Payable for the six months ended in Jan. 2024 was 215.97.

The historical rank and industry rank for Next 15 Group's Days Payable or its related term are showing as below:

LSE:NFG' s Days Payable Range Over the Past 10 Years
Min: 60.26 Med: 72.71 Max: 165.92
Current: 165.92

During the past 13 years, Next 15 Group's highest Days Payable was 165.92. The lowest was 60.26. And the median was 72.71.

LSE:NFG's Days Payable is ranked better than
73.12% of 919 companies
in the Media - Diversified industry
Industry Median: 79.28 vs LSE:NFG: 165.92

Next 15 Group's Days Payable increased from Jan. 2023 (196.03) to Jan. 2024 (215.97). It may suggest that Next 15 Group delayed paying its suppliers.

Next 15 Group Days Payable Historical Data

The historical data trend for Next 15 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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Next 15 Group Days Payable Chart

Next 15 Group Annual Data

Trend

Jul13

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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95.85

89.68

62.92

60.26

68.75

Next 15 Group Semi-Annual Data
	Jul13	Jan14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															194.29	253.75	196.03	213.03	215.97

Competitive Comparison of Next 15 Group's Days Payable

For the Advertising Agencies subindustry, Next 15 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.

Next 15 Group's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Next 15 Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Next 15 Group's Days Payable falls into.

Next 15 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.

Next 15 Group's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (28.485	+	30.598)	/	2 )	/	156.834	*	365
=	29.5415					/	156.834	*	365
=	68.75

Next 15 Group's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (154.79	+	30.598)	/	2 )	/	78.328	*	365 / 2
=	92.694					/	78.328	*	365 / 2
=	215.97

Next 15 Group Days Payable Related Terms

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Next 15 Group (LSE:NFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next 15 Group PLC (LSE:NFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NXFNF:USA

Address

60 Great Portland Street, London, GBR, W1W 7RT

Website

https://www.next15.com

Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Customer Engage; Customer Delivery; Customer Insight and Business Transformation. It generates maximum revenue from the Customer Engage segment.