Tavistock Investments (LSE:TAVI) Days Payable : 21.41 (As of Sep. 2024)

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What is Tavistock Investments Days Payable?

Tavistock Investments's average Accounts Payable for the six months ended in Sep. 2024 was £1.47 Mil. Tavistock Investments's Cost of Goods Sold for the six months ended in Sep. 2024 was £12.50 Mil. Hence, Tavistock Investments's Days Payable for the six months ended in Sep. 2024 was 21.41.

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

LSE:TAVI' s Days Payable Range Over the Past 10 Years
Min: 3.77 Med: 25.11 Max: 174.42
Current: 23.82

During the past 13 years, Tavistock Investments's highest Days Payable was 174.42. The lowest was 3.77. And the median was 25.11.

LSE:TAVI's Days Payable is ranked worse than
74.22% of 516 companies
in the Capital Markets industry
Industry Median: 113.805 vs LSE:TAVI: 23.82

Tavistock Investments's Days Payable declined from Sep. 2023 (24.96) to Sep. 2024 (21.41). It may suggest that Tavistock Investments accelerated paying its suppliers.

Tavistock Investments Days Payable Historical Data

The historical data trend for Tavistock Investments'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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Tavistock Investments Days Payable Chart

Tavistock Investments Annual Data

Trend

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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16.92

25.95

24.26

27.99

23.51

Tavistock Investments Semi-Annual Data
	Dec14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															27.27	28.73	24.96	21.98	21.41

Competitive Comparison of Tavistock Investments's Days Payable

For the Capital Markets subindustry, Tavistock Investments'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.

Tavistock Investments's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tavistock Investments's Days Payable distribution charts can be found below:

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

Tavistock Investments 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.

Tavistock Investments's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1.754	+	1.466)	/	2 )	/	25	*	365
=	1.61					/	25	*	365
=	23.51

Tavistock Investments's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.466	+	0)	/	1 )	/	12.495	*	365 / 2
=	1.466					/	12.495	*	365 / 2
=	21.41

Tavistock Investments Days Payable Related Terms

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Tavistock Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tavistock Investments PLC (LSE:TAVI) » Definitions » Days Payable

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Traded in Other Exchanges

N/A

Address

Lyndhurst Road, 1 Queen's Square, Ascot Business Park, Ascot, Berkshire, GBR, SL5 9FE

Website

https://www.tavistockinvestments.com

Tavistock Investments PLC is a UK-based company that provides support services to a network of independent financial advisories (IFAs) and sells term-life and other protection policies to retail clients. The company's segments include Group (plc), Investment Management, and Advisory Business. It generates maximum revenue from the Advisory Business segment which derives revenue in the form of advisory support commissions.

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