Ultimate Products (LSE:ULTP) Days Payable : 68.14 (As of Jan. 2024)

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What is Ultimate Products Days Payable?

Ultimate Products's average Accounts Payable for the six months ended in Jan. 2024 was £23.1 Mil. Ultimate Products's Cost of Goods Sold for the six months ended in Jan. 2024 was £61.8 Mil. Hence, Ultimate Products's Days Payable for the six months ended in Jan. 2024 was 68.14.

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

LSE:ULTP' s Days Payable Range Over the Past 10 Years
Min: 28.26 Med: 44.83 Max: 75.39
Current: 75.39

During the past 10 years, Ultimate Products's highest Days Payable was 75.39. The lowest was 28.26. And the median was 44.83.

LSE:ULTP's Days Payable is ranked better than
56.44% of 404 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.105 vs LSE:ULTP: 75.39

Ultimate Products's Days Payable increased from Jan. 2023 (67.08) to Jan. 2024 (68.14). It may suggest that Ultimate Products delayed paying its suppliers.

Ultimate Products Days Payable Historical Data

The historical data trend for Ultimate Products'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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Ultimate Products Days Payable Chart

Ultimate Products Annual Data

Trend

Apr14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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40.95

40.91

51.69

62.95

58.61

Ultimate Products Semi-Annual Data
	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial										54.25	71.44	67.08	74.24	68.14

Competitive Comparison of Ultimate Products's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.

Ultimate Products's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Days Payable distribution charts can be found below:

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

Ultimate Products 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.

Ultimate Products'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
=	( (20.662	+	19.024)	/	2 )	/	123.568	*	365
=	19.843					/	123.568	*	365
=	58.61

Ultimate Products'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
=	( (19.024	+	27.134)	/	2 )	/	61.816	*	365 / 2
=	23.079					/	61.816	*	365 / 2
=	68.14

Ultimate Products Days Payable Related Terms

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Ultimate Products (LSE:ULTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ultimate Products PLC (LSE:ULTP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ULTPl:UK 3DJ:Germany

Address

Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD

Website

https://www.upplc.com

Ultimate Products PLC design, develop and distribute homeware products across its key brands, including household names Salter and Beldray. It has Products divisons such as Cookshop, Audio, Laundry, Electrical SDA, Tabletop, Luggage, Heating and Cooling. The company operates in United Kingdom, Europe and the rest of the world.

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