SECCF (Serco Group) Days Payable : 29.71 (As of Jun. 2024)

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What is Serco Group Days Payable?

Serco Group's average Accounts Payable for the six months ended in Jun. 2024 was $435 Mil. Serco Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $2,670 Mil. Hence, Serco Group's Days Payable for the six months ended in Jun. 2024 was 29.71.

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

SECCF' s Days Payable Range Over the Past 10 Years
Min: 8.65 Med: 10.47 Max: 35.3
Current: 35.3

During the past 13 years, Serco Group's highest Days Payable was 35.30. The lowest was 8.65. And the median was 10.47.

SECCF's Days Payable is ranked worse than
60.53% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs SECCF: 35.30

Serco Group's Days Payable increased from Jun. 2023 (27.19) to Jun. 2024 (29.71). It may suggest that Serco Group delayed paying its suppliers.

Serco Group Days Payable Historical Data

The historical data trend for Serco 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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Serco Group Days Payable Chart

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.34

10.31

8.76

9.29

8.48

Serco Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															31.03	28.96	27.19	27.44	29.71

Competitive Comparison of Serco Group's Days Payable

For the Specialty Business Services subindustry, Serco 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.

Serco Group's Days Payable Distribution in the Business Services Industry

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

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

Serco 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.

Serco 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
=	( (131.912	+	125.696)	/	2 )	/	5542.152	*	365
=	128.804					/	5542.152	*	365
=	8.48

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (125.696	+	743.639)	/	2 )	/	2670.356	*	365 / 2
=	434.6675					/	2670.356	*	365 / 2
=	29.71

Serco Group Days Payable Related Terms

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Serco Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Serco Group PLC (OTCPK:SECCF) » Definitions » Days Payable

Comparable Companies

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SCGPY:USA SRPl:UK SRP:UK SEO:Germany SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & European local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, and citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates its key revenue from the U.K. & Europe divisions.