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SMGKF (Smiths Group) Days Payable : 94.43 (As of Jan. 2025)


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What is Smiths Group Days Payable?

Smiths Group's average Accounts Payable for the six months ended in Jan. 2025 was $647 Mil. Smiths Group's Cost of Goods Sold for the six months ended in Jan. 2025 was $1,250 Mil. Hence, Smiths Group's Days Payable for the six months ended in Jan. 2025 was 94.43.

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

SMGKF' s Days Payable Range Over the Past 10 Years
Min: 42.01   Med: 46.99   Max: 102.73
Current: 102.73

During the past 13 years, Smiths Group's highest Days Payable was 102.73. The lowest was 42.01. And the median was 46.99.

SMGKF's Days Payable is ranked better than
63.79% of 2941 companies
in the Industrial Products industry
Industry Median: 76.46 vs SMGKF: 102.73

Smiths Group's Days Payable increased from Jan. 2024 (89.75) to Jan. 2025 (94.43). It may suggest that Smiths Group delayed paying its suppliers.


Smiths Group Days Payable Historical Data

The historical data trend for Smiths 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.

* Premium members only.

Smiths Group Days Payable Chart

Smiths Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.06 43.05 56.69 48.44 48.44

Smiths Group Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 93.21 84.45 89.75 84.57 94.43

Competitive Comparison of Smiths Group's Days Payable

For the Specialty Industrial Machinery subindustry, Smiths 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.


Smiths Group's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Days Payable distribution charts can be found below:

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


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Smiths 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.

Smiths Group's Days Payable for the fiscal year that ended in Jul. 2024 is calculated as

Days Payable (A: Jul. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2023 ) + Accounts Payable (A: Jul. 2024 )) / count ) / Cost of Goods Sold (A: Jul. 2024 )*Days in Period
=( (318.299 + 352.638) / 2 ) / 2527.67*365
=335.4685 / 2527.67*365
=48.44

Smiths Group's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (352.638 + 940.667) / 2 ) / 1249.691*365 / 2
=646.6525 / 1249.691*365 / 2
=94.43

* 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.


Smiths Group Days Payable Related Terms

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Smiths Group Business Description

Traded in Other Exchanges
Address
255 Blackfriars Road, Level 10, Arbor, Bankside Yards, London, GBR, SE1 9AX
Smiths Group operates four distinct industrial capital goods businesses, each with industry leadership positions that serve a diverse range of end markets, including oil and gas, aviation & defense, and the general industrial sector. Despite serving disparate markets, each of Smiths Group's constituent companies provide an advanced technology offering backed by the group's engineering expertise. John Crane—Smiths Group's largest business—is the global industry leader in the design and manufacture of highly engineered mechanical seals, boasting the largest installed base across its energy and general industrial end markets. Smiths Detection is a global leading supplier of security and detection scanning equipment to aviation, sea ports, and municipal customers.