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Titon Holdings (LSE:TON) Days Payable : 108.81 (As of Sep. 2024)


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What is Titon Holdings Days Payable?

Titon Holdings's average Accounts Payable for the six months ended in Sep. 2024 was £2.57 Mil. Titon Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was £4.32 Mil. Hence, Titon Holdings's Days Payable for the six months ended in Sep. 2024 was 108.81.

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

LSE:TON' s Days Payable Range Over the Past 10 Years
Min: 51.82   Med: 56.85   Max: 79.66
Current: 78.55

During the past 13 years, Titon Holdings's highest Days Payable was 79.66. The lowest was 51.82. And the median was 56.85.

LSE:TON's Days Payable is ranked better than
51.91% of 1672 companies
in the Construction industry
Industry Median: 76.29 vs LSE:TON: 78.55

Titon Holdings's Days Payable declined from Sep. 2023 (112.69) to Sep. 2024 (108.81). It may suggest that Titon Holdings accelerated paying its suppliers.


Titon Holdings Days Payable Historical Data

The historical data trend for Titon Holdings'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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Titon Holdings Days Payable Chart

Titon Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.36 53.75 62.74 66.31 57.18

Titon Holdings Semi-Annual Data
Mar15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.41 77.98 112.69 76.85 108.81

Competitive Comparison of Titon Holdings's Days Payable

For the Building Products & Equipment subindustry, Titon Holdings'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.


Titon Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Titon Holdings's Days Payable distribution charts can be found below:

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


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Titon Holdings 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.

Titon Holdings's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (2.045 + 1.446) / 2 ) / 11.143*365
=1.7455 / 11.143*365
=57.18

Titon Holdings'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
=( (3.703 + 1.446) / 2 ) / 4.318*365 / 2
=2.5745 / 4.318*365 / 2
=108.81

* 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.


Titon Holdings Days Payable Related Terms

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Titon Holdings Business Description

Traded in Other Exchanges
N/A
Address
894 The Crescent, Colchester Business Park, Colchester, Essex, GBR, CO4 9YQ
Titon Holdings PLC is a UK-based company. Its core business is to design, manufacture, and market ventilation products and door and window fittings. It is engaged in the manufacturing and sale of passive and powered ventilation products to house builders, distributors, construction companies, electrical contractors, and window, and door manufacturers. In addition, it acts as a supplier of window handles, hinges, and locking mechanisms to door and window manufacturing customers. The company has four geographic segments namely the United Kingdom, South Korea, North America, and all other countries. The majority of the company's revenue comes from the United Kingdom.

Titon Holdings Headlines

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