Zytronic (LSE:ZYT) Days Payable : 19.23 (As of Sep. 2023)

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What is Zytronic Days Payable?

Zytronic's average Accounts Payable for the six months ended in Sep. 2023 was £0.37 Mil. Zytronic's Cost of Goods Sold for the six months ended in Sep. 2023 was £3.49 Mil. Hence, Zytronic's Days Payable for the six months ended in Sep. 2023 was 19.23.

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

LSE:ZYT' s Days Payable Range Over the Past 10 Years
Min: 27.02 Med: 30.52 Max: 41.19
Current: 29.13

During the past 13 years, Zytronic's highest Days Payable was 41.19. The lowest was 27.02. And the median was 30.52.

LSE:ZYT's Days Payable is ranked worse than
88.69% of 2422 companies
in the Hardware industry
Industry Median: 67.83 vs LSE:ZYT: 29.13

Zytronic's Days Payable declined from Sep. 2022 (37.10) to Sep. 2023 (19.23). It may suggest that Zytronic accelerated paying its suppliers.

Zytronic Days Payable Historical Data

The historical data trend for Zytronic'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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Zytronic Days Payable Chart

Zytronic Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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29.93

28.00

33.43

41.19

35.32

Zytronic 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															28.59	41.87	37.10	32.59	19.23

Competitive Comparison of Zytronic's Days Payable

For the Electronic Components subindustry, Zytronic'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.

Zytronic's Days Payable Distribution in the Hardware Industry

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

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

Zytronic 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.

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

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.966	+	0.41)	/	2 )	/	7.109	*	365
=	0.688					/	7.109	*	365
=	35.32

Zytronic'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
=	( (0.326	+	0.41)	/	2 )	/	3.492	*	365 / 2
=	0.368					/	3.492	*	365 / 2
=	19.23

Zytronic Days Payable Related Terms

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Zytronic (LSE:ZYT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zytronic PLC (LSE:ZYT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8HD:Germany

Address

Whiteley Road, Blaydon, Tyne and Wear, GBR, NE21 5NJ

Website

https://www.zytronic.co.uk

Zytronic PLC is a developer, manufacturer, and supplier of touch sensors. Some of its touch sensors products include ZyFilm, ZyBrid, ZyTouch, and ZyPoS, and it has applications in various sectors such as Digital Signage, Gaming, Point of Sale, Financial, and Industrial. The company's patented projected capacitive technologies(PCT) and mutual projected capacitive technologies(MPCT) offer benefits to traditional users of resistive, capacitive, and surface acoustic wave technologies. The company currently operates in the following geographical markets: Americas (excluding the USA), USA, EMEA (excluding UK and Hungary), Hungary, UK, APAC (excluding South Korea), and South Korea.

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