Microlise Group (LSE:SAAS) Days Payable : 251.92 (As of Dec. 2023)

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What is Microlise Group Days Payable?

Microlise Group's average Accounts Payable for the six months ended in Dec. 2023 was £20.37 Mil. Microlise Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £14.76 Mil. Hence, Microlise Group's Days Payable for the six months ended in Dec. 2023 was 251.92.

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

LSE:SAAS' s Days Payable Range Over the Past 10 Years
Min: 46.93 Med: 155.95 Max: 242.66
Current: 196.27

During the past 5 years, Microlise Group's highest Days Payable was 242.66. The lowest was 46.93. And the median was 155.95.

LSE:SAAS's Days Payable is ranked better than
83.8% of 2524 companies
in the Software industry
Industry Median: 49.575 vs LSE:SAAS: 196.27

Microlise Group's Days Payable declined from Dec. 2022 (255.44) to Dec. 2023 (251.92). It may suggest that Microlise Group accelerated paying its suppliers.

Microlise Group Days Payable Historical Data

The historical data trend for Microlise 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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Microlise Group Days Payable Chart

Microlise Group Annual Data

Trend

Jun19

Jun20

Jun21

Dec22

Dec23

Days Payable

46.93

242.66

240.47

71.42

Microlise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			421.77	455.68	255.44	266.16	251.92

Competitive Comparison of Microlise Group's Days Payable

For the Software - Application subindustry, Microlise 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.

Microlise Group's Days Payable Distribution in the Software Industry

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

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

Microlise 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.

Microlise 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
=	( (4.637	+	6.372)	/	2 )	/	28.132	*	365
=	5.5045					/	28.132	*	365
=	71.42

Microlise 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
=	( (34.372	+	6.372)	/	2 )	/	14.758	*	365 / 2
=	20.372					/	14.758	*	365 / 2
=	251.92

Microlise Group Days Payable Related Terms

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Microlise Group (LSE:SAAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Microlise Group PLC (LSE:SAAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2DI:Germany

Address

Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG

Website

https://www.microlise.com

Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It automates and optimizes critical processes such as scheduling, routing, driver performance monitoring, and resource allocation, while providing valuable, actionable real-time data.