Hargreaves Services (AQSE:HSP.GB) Days Payable : 75.96 (As of Nov. 2023)

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What is Hargreaves Services Days Payable?

Hargreaves Services's average Accounts Payable for the six months ended in Nov. 2023 was £37.0 Mil. Hargreaves Services's Cost of Goods Sold for the six months ended in Nov. 2023 was £88.9 Mil. Hence, Hargreaves Services's Days Payable for the six months ended in Nov. 2023 was 75.96.

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

AQSE:HSP.GB' s Days Payable Range Over the Past 10 Years
Min: 18.28 Med: 26.32 Max: 97.03
Current: 97.03

During the past 13 years, Hargreaves Services's highest Days Payable was 97.03. The lowest was 18.28. And the median was 26.32.

AQSE:HSP.GB's Days Payable is ranked better than
82.25% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs AQSE:HSP.GB: 97.03

Hargreaves Services's Days Payable increased from Nov. 2022 (65.85) to Nov. 2023 (75.96). It may suggest that Hargreaves Services delayed paying its suppliers.

Hargreaves Services Days Payable Historical Data

The historical data trend for Hargreaves Services'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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Hargreaves Services Days Payable Chart

Hargreaves Services Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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32.89

26.99

18.28

25.64

20.22

Hargreaves Services Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Payable	Get a 7-Day Free Trial															90.92	67.49	65.85	80.28	75.96

Competitive Comparison of Hargreaves Services's Days Payable

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.

Hargreaves Services's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Hargreaves Services's Days Payable falls into.

Hargreaves Services 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.

Hargreaves Services's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (9.607	+	9.498)	/	2 )	/	172.402	*	365
=	9.5525					/	172.402	*	365
=	20.22

Hargreaves Services's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (9.498	+	64.545)	/	2 )	/	88.943	*	365 / 2
=	37.0215					/	88.943	*	365 / 2
=	75.96

Hargreaves Services Days Payable Related Terms

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Hargreaves Services (AQSE:HSP.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hargreaves Services PLC (AQSE:HSP.GB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HSP:UK

Address

West Terrace, Esh Winning, Durham, GBR, DH7 9PT

Website

https://www.hsgplc.co.uk

Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (AQSE:HSP.GB) Headlines

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