Saga (LSE:SAGA) Days Payable : 201.42 (As of Jul. 2024)

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What is Saga Days Payable?

Saga's average Accounts Payable for the six months ended in Jul. 2024 was £173.5 Mil. Saga's Cost of Goods Sold for the six months ended in Jul. 2024 was £157.2 Mil. Hence, Saga's Days Payable for the six months ended in Jul. 2024 was 201.42.

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

LSE:SAGA' s Days Payable Range Over the Past 10 Years
Min: 61.48 Med: 116.26 Max: 421.1
Current: 211.31

During the past 13 years, Saga's highest Days Payable was 421.10. The lowest was 61.48. And the median was 116.26.

LSE:SAGA's Days Payable is ranked better than
76.6% of 47 companies
in the Insurance industry
Industry Median: 48.8 vs LSE:SAGA: 211.31

Saga's Days Payable declined from Jul. 2023 (209.50) to Jul. 2024 (201.42). It may suggest that Saga accelerated paying its suppliers.

Saga Days Payable Historical Data

The historical data trend for Saga'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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Saga Days Payable Chart

Saga Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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108.03

421.10

385.63

232.22

162.56

Saga Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Days Payable	Get a 7-Day Free Trial															297.93	224.55	209.50	196.26	201.42

Competitive Comparison of Saga's Days Payable

For the Insurance - Diversified subindustry, Saga'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.

Saga's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Saga's Days Payable distribution charts can be found below:

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

Saga 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.

Saga'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
=	( (128.9	+	139.3)	/	2 )	/	301.1	*	365
=	134.1					/	301.1	*	365
=	162.56

Saga's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

	Days Payable (Q: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2024 )	+	Accounts Payable (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (139.3	+	207.7)	/	2 )	/	157.2	*	365 / 2
=	173.5					/	157.2	*	365 / 2
=	201.42

Saga Days Payable Related Terms

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Saga Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saga PLC (LSE:SAGA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SAGAl:UK 65J:Germany

Address

3 Pancras Square, London, GBR, N1C 4AG

Website

https://www.saga.co.uk

Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: Insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and broking revenues. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom.