Petards Group (LSE:PEG) Days Payable : 128.27 (As of Dec. 2023)

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What is Petards Group Days Payable?

Petards Group's average Accounts Payable for the six months ended in Dec. 2023 was £1.65 Mil. Petards Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.35 Mil. Hence, Petards Group's Days Payable for the six months ended in Dec. 2023 was 128.27.

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

LSE:PEG' s Days Payable Range Over the Past 10 Years
Min: 47.53 Med: 73.63 Max: 139.86
Current: 106.42

During the past 13 years, Petards Group's highest Days Payable was 139.86. The lowest was 47.53. And the median was 73.63.

LSE:PEG's Days Payable is ranked better than
76.83% of 928 companies
in the Business Services industry
Industry Median: 46.74 vs LSE:PEG: 106.42

Petards Group's Days Payable increased from Dec. 2022 (58.63) to Dec. 2023 (128.27). It may suggest that Petards Group delayed paying its suppliers.

Petards Group Days Payable Historical Data

The historical data trend for Petards 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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Petards Group Days Payable Chart

Petards Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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92.72

81.35

49.76

47.53

139.86

Petards Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															67.37	47.21	58.63	50.66	128.27

Competitive Comparison of Petards Group's Days Payable

For the Security & Protection Services subindustry, Petards 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.

Petards Group's Days Payable Distribution in the Business Services Industry

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

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

Petards 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.

Petards Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.782	+	2.796)	/	2 )	/	4.669	*	365
=	1.789					/	4.669	*	365
=	139.86

Petards Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.506	+	2.796)	/	2 )	/	2.349	*	365 / 2
=	1.651					/	2.349	*	365 / 2
=	128.27

Petards Group Days Payable Related Terms

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Petards Group (LSE:PEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Petards Group PLC (LSE:PEG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PEG.GB:UK

Address

32 London Road, Parallel House, Guildford, Surrey, GBR, GU1 2AB

Website

https://www.petards.com

Petards Group PLC is a security and surveillance systems supplier. The company's operating segment is the Development, Supply, and Maintenance of Technologies used in the security, surveillance, and ruggedized electronic applications segment in the Rail, Traffic, and Defence segment. The company serves the transport, defense, and emergency services market offering software-driven onboard digital video and sensor systems, electronic defensive countermeasure systems, threat simulation systems, and mobile radios. The geographical segments of the company are the United Kingdom, Continental Europe, and the Rest of the World, of which maximum revenue is generated from the United Kingdom.