TCAPF (TP ICAP GROUP) Days Payable : 9.84 (As of Jun. 2024)

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What is TP ICAP GROUP Days Payable?

TP ICAP GROUP's average Accounts Payable for the six months ended in Jun. 2024 was $56 Mil. TP ICAP GROUP's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,036 Mil. Hence, TP ICAP GROUP's Days Payable for the six months ended in Jun. 2024 was 9.84.

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

TCAPF' s Days Payable Range Over the Past 10 Years
Min: 5.35 Med: 179.6 Max: 10423.42
Current: 11.08

During the past 13 years, TP ICAP GROUP's highest Days Payable was 10423.42. The lowest was 5.35. And the median was 179.60.

TCAPF's Days Payable is ranked worse than
84.53% of 517 companies
in the Capital Markets industry
Industry Median: 115.91 vs TCAPF: 11.08

TP ICAP GROUP's Days Payable increased from Jun. 2023 (7.72) to Jun. 2024 (9.84). It may suggest that TP ICAP GROUP delayed paying its suppliers.

TP ICAP GROUP Days Payable Historical Data

The historical data trend for TP ICAP 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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TP ICAP GROUP Days Payable Chart

TP ICAP GROUP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3,754.57

175.22

5.38

5.56

8.06

TP ICAP 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															18.20	22.95	7.72	12.05	9.84

Competitive Comparison of TP ICAP GROUP's Days Payable

For the Capital Markets subindustry, TP ICAP 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.

TP ICAP GROUP's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TP ICAP GROUP's Days Payable distribution charts can be found below:

* The bar in red indicates where TP ICAP GROUP's Days Payable falls into.

TP ICAP 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.

TP ICAP 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
=	( (29.233	+	50.633)	/	2 )	/	1808.861	*	365
=	39.933					/	1808.861	*	365
=	8.06

TP ICAP 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
=	( (50.633	+	61.069)	/	2 )	/	1035.624	*	365 / 2
=	55.851					/	1035.624	*	365 / 2
=	9.84

TP ICAP GROUP Days Payable Related Terms

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TP ICAP GROUP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TP ICAP GROUP PLC (OTCPK:TCAPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TCAPl:UK TCAP:UK 8D7:Germany

Address

135 Bishopsgate, London, GBR, EC2M 3TP

Website

https://www.tpicap.com

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.