WEJOF (Wejo Group) Days Payable: 543.77 (As of Mar. 2023)


What is Wejo Group Days Payable?

Wejo Group WEJOF Days Payable is 543.77 as of Mar. 2023.

Wejo Group's average Accounts Payable for the three months ended in Mar. 2023 was $25.17 Mil. Wejo Group's Cost of Goods Sold for the three months ended in Mar. 2023 was $4.22 Mil. Hence, Wejo Group's Days Payable for the three months ended in Mar. 2023 was 543.77.

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

WEJOF's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Wejo Group's Days Payable declined from Mar. 2022 (1,181.30) to Mar. 2023 (543.77). It may suggest that Wejo Group accelerated paying its suppliers.

Wejo Group Days Payable Historical Data

* Premium members only.

The historical data trend for Wejo 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.

Wejo Group Days Payable Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
1,177.07 764.38 1,035.15 879.23

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,181.30 826.04 949.09 605.27 543.77

WEJOF vs SOLS, BTOW, IRNTQ: Days Payable Comparison

For the Software - Infrastructure subindustry, Wejo 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.

Wejo Group Days Payable vs Software Industry

For the Software industry and Technology sector, Wejo Group's Days Payable distribution charts can be found below:

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


Wejo 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.

Wejo Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (15.433 + 21.851) / 2 ) / 7.739*365
=18.642 / 7.739*365
=879.23

Wejo Group's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (21.851 + 28.492) / 2 ) / 4.224*365 / 4
=25.1715 / 4.224*365 / 4
=543.77

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 543.77 mean?
Wejo Group (WEJOF) has a Days Payable of 543.77 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wejo Group and its competitors.
Is Wejo Group's Days Payable too high?
Wejo Group's current Days Payable is 543.77. The Software industry median Days Payable is 53.96. Wejo Group's value of 543.77 is 907.8% above this industry median.
How does Wejo Group's Days Payable compare to SOLS and BTOW?
Wejo Group's Days Payable of 543.77 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Wejo Group's value of 543.77 is 907.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wejo Group's current Days Payable of 543.77 is 907.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wejo Group and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wejo Group's current Days Payable is 543.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current Days Payable of 543.77. The current Days Payable is 543.77 and 907.8% above the Software industry median of 53.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Wejo Group (WEJOF), the current Days Payable is 543.77 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wejo Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.