Westminster Group (LSE:WSG) Days Payable: 134.55 (As of Dec. 2024)


What is Westminster Group Days Payable?

Westminster Group LSE:WSG Days Payable is 134.55 as of Dec. 2024.

Westminster Group's average Accounts Payable for the six months ended in Dec. 2024 was £1.82 Mil. Westminster Group's Cost of Goods Sold for the six months ended in Dec. 2024 was £2.47 Mil. Hence, Westminster Group's Days Payable for the six months ended in Dec. 2024 was 134.55.

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

LSE:WSG's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Westminster Group's Days Payable declined from Jun. 2023 (183.97) to Dec. 2024 (134.55). It may suggest that Westminster Group accelerated paying its suppliers.

Westminster Group Days Payable Historical Data

* Premium members only.

The historical data trend for Westminster 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.

Westminster Group Days Payable Chart

Westminster Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.32 105.21 111.58 96.05 57.65

Westminster Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24
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 123.43 98.82 183.97 272.52 134.55

LSE:WSG vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Westminster 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.

Westminster Group Days Payable vs Business Services Industry

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

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


Westminster 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.

Westminster Group's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.688 + 0.509) / 2 ) / 3.789*365
=0.5985 / 3.789*365
=57.65

Westminster Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.808 + 1.834) / 2 ) / 2.47*365 / 2
=1.821 / 2.47*365 / 2
=134.55

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 134.55 mean?
Westminster Group (LSE:WSG) has a Days Payable of 134.55 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Westminster Group and its competitors.
Is Westminster Group's Days Payable too high?
Westminster Group's current Days Payable is 134.55. The Business Services industry median Days Payable is 46.92. Westminster Group's value of 134.55 is 186.8% above this industry median.
How does Westminster Group's Days Payable compare to ALLE and MSA?
Westminster Group's Days Payable of 134.55 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Westminster Group's value of 134.55 is 186.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westminster Group's current Days Payable of 134.55 is 186.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Westminster Group and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westminster Group's current Days Payable is 134.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westminster Group stock overvalued right now?
Westminster Group (LSE:WSG) has a current Days Payable of 134.55. The current Days Payable is 134.55 and 186.8% above the Business Services industry median of 46.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Westminster Group (LSE:WSG), the current Days Payable is 134.55 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westminster Group Business Description

Address Blacklocks Hill, Westminster House, Banbury, Oxfordshire, GBR, OX17 2BS
Westminster Group PLC designs, supplies, and provides ongoing support for technology security solutions. The company's operating segments include managed services and technology segments. The company generates maximum revenue from the managed services segment. Geographically, the company derives a majority of its revenue from the Middle East and also has a presence in the United Kingdom and Europe, Africa, and the Rest of the World. The activities of the company include the design, supply, and ongoing support of technology security solutions, encompassing a wide range of surveillance, detection, tracking, and interception technologies and the provision of long-term managed services.