GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pochin′s PLC (LSE:PCH) » Definitions » Days Payable

Pochin′s (LSE:PCH) Days Payable : 76.58 (As of Nov. 2013)


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

What is Pochin′s Days Payable?

Pochin′s's average Accounts Payable for the six months ended in Nov. 2013 was £15.16 Mil. Pochin′s's Cost of Goods Sold for the six months ended in Nov. 2013 was £36.13 Mil. Hence, Pochin′s's Days Payable for the six months ended in Nov. 2013 was 76.58.

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

LSE:PCH's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.71
* Ranked among companies with meaningful Days Payable only.

Pochin′s's Days Payable declined from Nov. 2012 (95.79) to Nov. 2013 (76.58). It may suggest that Pochin′s accelerated paying its suppliers.


Pochin′s Days Payable Historical Data

The historical data trend for Pochin′s'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.

Pochin′s Days Payable Chart

Pochin′s Annual Data
Trend May04 May05 May06 May07 May08 May09 May10 May11 May12 May13
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.60 63.13 55.73 74.70 70.48

Pochin′s Semi-Annual Data
May04 Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13
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 108.69 112.70 95.79 81.25 76.58

Competitive Comparison of Pochin′s's Days Payable

For the Engineering & Construction subindustry, Pochin′s'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.


Pochin′s's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pochin′s's Days Payable distribution charts can be found below:

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



Pochin′s 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.

Pochin′s's Days Payable for the fiscal year that ended in May. 2013 is calculated as

Days Payable (A: May. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2012 ) + Accounts Payable (A: May. 2013 )) / count ) / Cost of Goods Sold (A: May. 2013 )*Days in Period
=( (20.612 + 8.783) / 2 ) / 76.116*365
=14.6975 / 76.116*365
=70.48

Pochin′s's Days Payable for the quarter that ended in Nov. 2013 is calculated as:

Days Payable (Q: Nov. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2013 ) + Accounts Payable (Q: Nov. 2013 )) / count ) / Cost of Goods Sold (Q: Nov. 2013 )*Days in Period
=( (8.783 + 21.54) / 2 ) / 36.134*365 / 2
=15.1615 / 36.134*365 / 2
=76.58

* 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.


Pochin′s Days Payable Related Terms

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


Pochin′s (LSE:PCH) Business Description

Traded in Other Exchanges
N/A
Address
Pochin's PLC is a construction and development Company. The Company is engaged in building, civil engineering contracting and house building, property development and letting. Its segments are Construction and Property development & investment. The group operates within the United Kingdom.