Wickes Group (LSE:WIX) Days Payable : 86.11 (As of Dec. 2023)

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What is Wickes Group Days Payable?

Wickes Group's average Accounts Payable for the six months ended in Dec. 2023 was £216 Mil. Wickes Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £458 Mil. Hence, Wickes Group's Days Payable for the six months ended in Dec. 2023 was 86.11.

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

LSE:WIX' s Days Payable Range Over the Past 10 Years
Min: 42.85 Med: 54.61 Max: 67.98
Current: 67.98

During the past 6 years, Wickes Group's highest Days Payable was 67.98. The lowest was 42.85. And the median was 54.61.

LSE:WIX's Days Payable is ranked better than
58.53% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs LSE:WIX: 67.98

Wickes Group's Days Payable increased from Dec. 2022 (84.43) to Dec. 2023 (86.11). It may suggest that Wickes Group delayed paying its suppliers.

Wickes Group Days Payable Historical Data

The historical data trend for Wickes Group'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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Wickes Group Days Payable Chart

Wickes Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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59.61

61.45

49.61

42.85

44.17

Wickes Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					87.27	72.15	84.43	74.51	86.11

Competitive Comparison of Wickes Group's Days Payable

For the Home Improvement Retail subindustry, Wickes Group'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.

Wickes Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wickes Group's Days Payable distribution charts can be found below:

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

Wickes Group 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.

Wickes Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (119.9	+	119.4)	/	2 )	/	988.8	*	365
=	119.65					/	988.8	*	365
=	44.17

Wickes Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (313.2	+	119.4)	/	2 )	/	458.4	*	365 / 2
=	216.3					/	458.4	*	365 / 2
=	86.11

Wickes Group Days Payable Related Terms

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Wickes Group (LSE:WIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (LSE:WIX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WIXl:UK

Address

19 Colonial Way, Vision House, Watford, GBR, WD24 4JL

Website

https://www.wickesplc.co.uk

Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.