Acusensus (ASX:ACE) Days Payable : 49.18 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Acusensus Days Payable?

Acusensus's average Accounts Payable for the six months ended in Jun. 2023 was A$3.18 Mil. Acusensus's Cost of Goods Sold for the six months ended in Jun. 2023 was A$23.57 Mil. Hence, Acusensus's Days Payable for the six months ended in Jun. 2023 was 24.59.

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

ASX:ACE' s Days Payable Range Over the Past 10 Years
Min: 49.18 Med: 49.18 Max: 49.18
Current: 49.18

During the past 2 years, Acusensus's highest Days Payable was 49.18. The lowest was 49.18. And the median was 49.18.

ASX:ACE's Days Payable is ranked worse than
50.75% of 2534 companies
in the Software industry
Industry Median: 50.345 vs ASX:ACE: 49.18

Acusensus's Days Payable increased from . 20 (0.00) to Jun. 2023 (49.18). It may suggest that Acusensus delayed paying its suppliers.

Acusensus Days Payable Historical Data

The historical data trend for Acusensus'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.

Acusensus Days Payable Chart

Acusensus Annual Data

Trend

Jun22

Jun23

Days Payable

49.18

Acusensus Semi-Annual Data
	Jun22	Jun23
Days Payable	-	49.18

Competitive Comparison of Acusensus's Days Payable

For the Software - Infrastructure subindustry, Acusensus'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.

Acusensus's Days Payable Distribution in the Software Industry

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

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

Acusensus 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.

Acusensus'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
=	( (5.939	+	0.412)	/	2 )	/	23.566	*	365
=	3.1755					/	23.566	*	365
=	49.18

Acusensus's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5.939	+	0.412)	/	2 )	/	23.566	*	365 / 2
=	3.1755					/	23.566	*	365 / 2
=	24.59

Acusensus Days Payable Related Terms

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

Acusensus (ASX:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acusensus.com

Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

Acusensus (ASX:ACE) Headlines

No Headlines