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Xaar (LSE:XAR) Days Payable : 72.53 (As of Dec. 2023)


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What is Xaar Days Payable?

Xaar's average Accounts Payable for the six months ended in Dec. 2023 was £9.15 Mil. Xaar's Cost of Goods Sold for the six months ended in Dec. 2023 was £23.03 Mil. Hence, Xaar's Days Payable for the six months ended in Dec. 2023 was 72.53.

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

LSE:XAR' s Days Payable Range Over the Past 10 Years
Min: 44.7   Med: 94.07   Max: 209.42
Current: 68.77

During the past 13 years, Xaar's highest Days Payable was 209.42. The lowest was 44.70. And the median was 94.07.

LSE:XAR's Days Payable is ranked better than
50.76% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs LSE:XAR: 68.77

Xaar's Days Payable declined from Dec. 2022 (112.57) to Dec. 2023 (72.53). It may suggest that Xaar accelerated paying its suppliers.


Xaar Days Payable Historical Data

The historical data trend for Xaar'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.

Xaar Days Payable Chart

Xaar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.52 93.47 113.63 85.97 44.70

Xaar Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 122.74 144.96 112.57 90.03 72.53

Competitive Comparison of Xaar's Days Payable

For the Computer Hardware subindustry, Xaar'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.


Xaar's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xaar's Days Payable distribution charts can be found below:

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



Xaar 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.

Xaar'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
=( (6.41 + 4.299) / 2 ) / 43.723*365
=5.3545 / 43.723*365
=44.70

Xaar'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
=( (14.006 + 4.299) / 2 ) / 23.03*365 / 2
=9.1525 / 23.03*365 / 2
=72.53

* 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.


Xaar Days Payable Related Terms

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Xaar (LSE:XAR) Business Description

Traded in Other Exchanges
Address
3950 Cambridge Research Park, Waterbeach, Cambridgeshire, GBR, CB25 9PE
Xaar PLC is a digital inkjet technology company. The company manufactures piezoelectric drop-on-demand industrial inkjet printheads and ink systems. Its technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding as well as printing with specialist functional fluids for manufacturing techniques. The Group's operations are reported under four operating segments: 'Printhead', 'Product Print Systems', 'Digital Imaging' and 'Ink Supply Systems'. The company has operations in Europe, Middle East, Africa, Asia, and the Americas. It generates revenues from product sales, commissions and fees, royalties, printhead, product print systems, and 3D printing.