Vertu Motors (Vertu Motors) Days Payable : 66.79 (As of Feb. 2024)

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What is Vertu Motors Days Payable?

Vertu Motors's average Accounts Payable for the six months ended in Feb. 2024 was $947 Mil. Vertu Motors's Cost of Goods Sold for the six months ended in Feb. 2024 was $2,586 Mil. Hence, Vertu Motors's Days Payable for the six months ended in Feb. 2024 was 66.79.

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

VTMTF' s Days Payable Range Over the Past 10 Years
Min: 53.5 Med: 79.9 Max: 100.38
Current: 61.5

During the past 13 years, Vertu Motors's highest Days Payable was 100.38. The lowest was 53.50. And the median was 79.90.

VTMTF's Days Payable is ranked worse than
53.14% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs VTMTF: 61.50

Vertu Motors's Days Payable increased from Feb. 2023 (60.93) to Feb. 2024 (66.79). It may suggest that Vertu Motors delayed paying its suppliers.

Vertu Motors Days Payable Historical Data

The historical data trend for Vertu Motors'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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Vertu Motors Days Payable Chart

Vertu Motors Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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85.27

96.98

59.28

56.06

58.47

Vertu Motors Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															55.94	53.37	60.93	57.16	66.79

Competitive Comparison of Vertu Motors's Days Payable

For the Auto & Truck Dealerships subindustry, Vertu Motors'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.

Vertu Motors's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vertu Motors's Days Payable distribution charts can be found below:

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

Vertu Motors 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.

Vertu Motors's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (761.414	+	939.076)	/	2 )	/	5307.458	*	365
=	850.245					/	5307.458	*	365
=	58.47

Vertu Motors's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (953.93	+	939.076)	/	2 )	/	2586.197	*	365 / 2
=	946.503					/	2586.197	*	365 / 2
=	66.79

Vertu Motors Days Payable Related Terms

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Vertu Motors (Vertu Motors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vertu Motors PLC (OTCPK:VTMTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VTU.GB:UK VTU:UK

Address

Vertu House, 5th Avenue Business Park, Team Valley, Gateshead, Tyne and Wear, GBR, NE11 0XA

Website

https://www.vertumotors.com

Vertu Motors PLC is an automotive retailer in the United Kingdom. The business activity of the group includes selling new cars, motorcycles, commercial vehicles, and used vehicles, together with after-sale services. It operates through various franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz, Jaguar, Kia, Toyota, and many others. The company generates maximum revenue from Used cars.