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BT Group (BT Group) Days Payable : 338.68 (As of Sep. 2023)


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What is BT Group Days Payable?

BT Group's average Accounts Payable for the six months ended in Sep. 2023 was $6,383 Mil. BT Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $3,439 Mil. Hence, BT Group's Days Payable for the six months ended in Sep. 2023 was 338.68.

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

BTGOF' s Days Payable Range Over the Past 10 Years
Min: 180.87   Med: 246.89   Max: 420.02
Current: 360.74

During the past 13 years, BT Group's highest Days Payable was 420.02. The lowest was 180.87. And the median was 246.89.

BTGOF's Days Payable is ranked better than
89.6% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.295 vs BTGOF: 360.74

BT Group's Days Payable declined from Sep. 2022 (400.73) to Sep. 2023 (338.68). It may suggest that BT Group accelerated paying its suppliers.


BT Group Days Payable Historical Data

The historical data trend for BT 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.

* Premium members only.

BT Group Days Payable Chart

BT Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.03 210.67 206.20 286.42 287.80

BT Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 337.47 357.02 400.73 320.51 338.68

Competitive Comparison of BT Group's Days Payable

For the Telecom Services subindustry, BT 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.


BT Group's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BT Group's Days Payable distribution charts can be found below:

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



BT 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.

BT Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (5458.498 + 5092.233) / 2 ) / 6690.534*365
=5275.3655 / 6690.534*365
=287.80

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

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (5092.233 + 7673.267) / 2 ) / 3439.356*365 / 2
=6382.75 / 3439.356*365 / 2
=338.68

* 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.


BT Group Days Payable Related Terms

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BT Group (BT Group) Business Description

Traded in Other Exchanges
Address
1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.