Softcat (LSE:SCT) Days Payable : 159.44 (As of Jan. 2024)

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What is Softcat Days Payable?

Softcat's average Accounts Payable for the six months ended in Jan. 2024 was £236.4 Mil. Softcat's Cost of Goods Sold for the six months ended in Jan. 2024 was £270.6 Mil. Hence, Softcat's Days Payable for the six months ended in Jan. 2024 was 159.44.

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

LSE:SCT' s Days Payable Range Over the Past 10 Years
Min: 36.26 Med: 70.95 Max: 178.87
Current: 178.87

During the past 11 years, Softcat's highest Days Payable was 178.87. The lowest was 36.26. And the median was 70.95.

LSE:SCT's Days Payable is ranked better than
81.66% of 2524 companies
in the Software industry
Industry Median: 50.7 vs LSE:SCT: 178.87

Softcat's Days Payable declined from Jan. 2023 (166.45) to Jan. 2024 (159.44). It may suggest that Softcat accelerated paying its suppliers.

Softcat Days Payable Historical Data

The historical data trend for Softcat'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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Softcat Days Payable Chart

Softcat Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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73.99

83.19

150.43

121.81

159.88

Softcat Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															96.64	144.96	166.45	193.61	159.44

Competitive Comparison of Softcat's Days Payable

For the Information Technology Services subindustry, Softcat'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.

Softcat's Days Payable Distribution in the Software Industry

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

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

Softcat 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.

Softcat's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (280.769	+	254.907)	/	2 )	/	611.466	*	365
=	267.838					/	611.466	*	365
=	159.88

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

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (254.907	+	217.987)	/	2 )	/	270.638	*	365 / 2
=	236.447					/	270.638	*	365 / 2
=	159.44

Softcat Days Payable Related Terms

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Softcat (LSE:SCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softcat PLC (LSE:SCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SCTl:UK

Address

Fieldhouse Lane, Solar House, Marlow, Buckinghamshire, GBR, SL7 1LW

Website

https://www.softcat.com

Softcat PLC is a information technology infrastructure and service provider. It offers software licensing, workplace technology, networking and security, and cloud and data center solutions to the corporates, public sector organizations and small to medium-sized business segment, of which small to medium-sized business segment is the major business provider to the company. The entity earns revenue from offering products like software, hardware, and services, as well as the sale of the company's own services, of which majority of the revenue is derived from offering software products.