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Vp (LSE:VP.) Days Payable : 65.02 (As of Sep. 2023)


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What is Vp Days Payable?

Vp's average Accounts Payable for the six months ended in Sep. 2023 was £50.4 Mil. Vp's Cost of Goods Sold for the six months ended in Sep. 2023 was £141.3 Mil. Hence, Vp's Days Payable for the six months ended in Sep. 2023 was 65.02.

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

LSE:VP.' s Days Payable Range Over the Past 10 Years
Min: 36.04   Med: 39.72   Max: 74.51
Current: 74.51

During the past 13 years, Vp's highest Days Payable was 74.51. The lowest was 36.04. And the median was 39.72.

LSE:VP.'s Days Payable is ranked better than
66.34% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs LSE:VP.: 74.51

Vp's Days Payable declined from Sep. 2022 (68.43) to Sep. 2023 (65.02). It may suggest that Vp accelerated paying its suppliers.


Vp Days Payable Historical Data

The historical data trend for Vp'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.

* Premium members only.

Vp Days Payable Chart

Vp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.25 36.04 39.19 39.90 39.11

Vp Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 78.32 83.67 68.43 66.25 65.02

Competitive Comparison of Vp's Days Payable

For the Rental & Leasing Services subindustry, Vp'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.


Vp's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vp's Days Payable distribution charts can be found below:

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



Vp 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.

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

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (30.326 + 30.568) / 2 ) / 284.176*365
=30.447 / 284.176*365
=39.11

Vp's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (30.568 + 70.135) / 2 ) / 141.318*365 / 2
=50.3515 / 141.318*365 / 2
=65.02

* 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.


Vp Days Payable Related Terms

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Vp (LSE:VP.) Business Description

Traded in Other Exchanges
Address
Otley Road, Central House, Beckwith Knowle, Harrogate, North Yorkshire, GBR, HG3 1UD
Vp PLC provides the rental and sale of equipment and related services. The company operates under the divisions such as UK Forks, Groundforce, Airpac Bukom Oilfield Services, Hire Station, Torrent Trackside, TPA, and TR Group. It serves infrastructure, construction, housebuilding, and energy. The company's reportable segments are the two units, the United Kingdom which is the key revenue driver, and International.

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