RegTech Open Project (FRA:RM1) Days Payable : 628.26 (As of Dec. 2022)

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

What is RegTech Open Project Days Payable?

RegTech Open Project's average Accounts Payable for the six months ended in Dec. 2022 was €2.17 Mil. RegTech Open Project's Cost of Goods Sold for the six months ended in Dec. 2022 was €1.26 Mil. Hence, RegTech Open Project's Days Payable for the six months ended in Dec. 2022 was 314.13.

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

FRA:RM1' s Days Payable Range Over the Past 10 Years
Min: 558.64 Med: 616.59 Max: 674.53
Current: 622.03

During the past 2 years, RegTech Open Project's highest Days Payable was 674.53. The lowest was 558.64. And the median was 616.59.

FRA:RM1's Days Payable is ranked better than
93.74% of 2524 companies
in the Software industry
Industry Median: 50.7 vs FRA:RM1: 622.03

RegTech Open Project's Days Payable declined from Dec. 2020 (674.85) to Dec. 2022 (628.26). It may suggest that RegTech Open Project accelerated paying its suppliers.

RegTech Open Project Days Payable Historical Data

The historical data trend for RegTech Open Project'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.

RegTech Open Project Days Payable Chart

RegTech Open Project Annual Data

Trend

Dec20

Dec21

Days Payable

674.85

542.60

RegTech Open Project Semi-Annual Data
	Dec20	Dec21	Dec22
Days Payable	674.85	542.60	628.26

Competitive Comparison of RegTech Open Project's Days Payable

For the Software - Application subindustry, RegTech Open Project'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.

RegTech Open Project's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where RegTech Open Project's Days Payable falls into.

RegTech Open Project 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.

RegTech Open Project's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.505	+	1.819)	/	2 )	/	1.118	*	365
=	1.662					/	1.118	*	365
=	542.60

RegTech Open Project's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1.819	+	2.522)	/	2 )	/	1.261	*	365 / 2
=	2.1705					/	1.261	*	365 / 2
=	314.13

RegTech Open Project Days Payable Related Terms

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

RegTech Open Project (FRA:RM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RegTech Open Project plc (FRA:RM1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RTOP:UK

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

https://www.regtechopenproject.co.uk

RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.

RegTech Open Project (FRA:RM1) Headlines

No Headlines