GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Newmark Security PLC (LSE:NWT) » Definitions » Days Payable

Newmark Security (LSE:NWT) Days Payable : 71.69 (As of Oct. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Newmark Security Days Payable?

Newmark Security's average Accounts Payable for the six months ended in Oct. 2024 was £2.49 Mil. Newmark Security's Cost of Goods Sold for the six months ended in Oct. 2024 was £6.33 Mil. Hence, Newmark Security's Days Payable for the six months ended in Oct. 2024 was 71.69.

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

LSE:NWT' s Days Payable Range Over the Past 10 Years
Min: 35.99   Med: 43.17   Max: 88.21
Current: 72.87

During the past 13 years, Newmark Security's highest Days Payable was 88.21. The lowest was 35.99. And the median was 43.17.

LSE:NWT's Days Payable is ranked better than
66.59% of 907 companies
in the Business Services industry
Industry Median: 45.94 vs LSE:NWT: 72.87

Newmark Security's Days Payable declined from Oct. 2023 (73.60) to Oct. 2024 (71.69). It may suggest that Newmark Security accelerated paying its suppliers.


Newmark Security Days Payable Historical Data

The historical data trend for Newmark Security'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.

* Premium members only.

Newmark Security Days Payable Chart

Newmark Security Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.58 88.21 44.54 45.38 54.00

Newmark Security Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 59.49 78.81 73.60 64.04 71.69

Competitive Comparison of Newmark Security's Days Payable

For the Security & Protection Services subindustry, Newmark Security'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.


Newmark Security's Days Payable Distribution in the Business Services Industry

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

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


;
;

Newmark Security 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.

Newmark Security's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (2.131 + 1.92) / 2 ) / 13.692*365
=2.0255 / 13.692*365
=54.00

Newmark Security's Days Payable for the quarter that ended in Oct. 2024 is calculated as:

Days Payable (Q: Oct. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2024 ) + Accounts Payable (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (1.92 + 3.053) / 2 ) / 6.33*365 / 2
=2.4865 / 6.33*365 / 2
=71.69

* 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.


Newmark Security Days Payable Related Terms

Thank you for viewing the detailed overview of Newmark Security's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmark Security Business Description

Traded in Other Exchanges
Address
91 Wimpole Street, London, GBR, W1G 0EF
Newmark Security PLC is a UK-based security solutions provider. The company operates in the People and Data Management division involved in the design, manufacture, and distribution of access control systems and the design, manufacture, and distribution of HCM hardware only, for time-and-attendance, shop-floor data collection, and access control systems. The physical Security Solutions division is involved in the design, manufacture, installation, and maintenance of fixed and reactive security screens, reception counters, cash management systems and associated security equipment. The company operates in the UK and derives the majority of its revenues from the People and Data Management division.

Newmark Security Headlines

No Headlines