GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hansard Global PLC (OTCPK:HNRDF) » Definitions » Days Payable

Hansard Global (Hansard Global) Days Payable : 41.42 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Hansard Global Days Payable?

Hansard Global's average Accounts Payable for the six months ended in Dec. 2023 was $1.58 Mil. Hansard Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $6.96 Mil. Hence, Hansard Global's Days Payable for the six months ended in Dec. 2023 was 41.42.

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

HNRDF' s Days Payable Range Over the Past 10 Years
Min: 46.04   Med: 58.94   Max: 155.46
Current: 48.44

During the past 13 years, Hansard Global's highest Days Payable was 155.46. The lowest was 46.04. And the median was 58.94.

HNRDF's Days Payable is ranked worse than
52% of 50 companies
in the Insurance industry
Industry Median: 52.68 vs HNRDF: 48.44

Hansard Global's Days Payable declined from Dec. 2022 (69.75) to Dec. 2023 (41.42). It may suggest that Hansard Global accelerated paying its suppliers.


Hansard Global Days Payable Historical Data

The historical data trend for Hansard Global'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.

Hansard Global Days Payable Chart

Hansard Global Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.90 61.79 52.93 65.90 59.37

Hansard Global Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 60.72 73.00 69.75 54.00 41.42

Competitive Comparison of Hansard Global's Days Payable

For the Insurance - Life subindustry, Hansard Global'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.


Hansard Global's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hansard Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Hansard Global's Days Payable falls into.



Hansard Global 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.

Hansard Global's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.463 + 1.768) / 2 ) / 13.005*365
=2.1155 / 13.005*365
=59.37

Hansard Global's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.768 + 1.392) / 2 ) / 6.962*365 / 2
=1.58 / 6.962*365 / 2
=41.42

* 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.


Hansard Global Days Payable Related Terms

Thank you for viewing the detailed overview of Hansard Global's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hansard Global (Hansard Global) Business Description

Traded in Other Exchanges
Address
55 Athol Street, Box 192, Douglas, IMN, IM99 1QL
Hansard Global PLC is a holding company. Its activities include the transaction of life assurance business and related activities. Its only operating segment being the distribution and servicing of long-term investment products. Geographically, it derives a majority of revenue from the Isle of Man and also has a presence in the Republic of Ireland and the Bahamas. It focuses on helping financial advisors and institutions to provide their clients with saving and investment products in secure life assurance wrappers to meet long-term savings and investment objectives.

Hansard Global (Hansard Global) Headlines

No Headlines