Humm Group (Humm Group) Days Payable : 754.48 (As of Dec. 2023)

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What is Humm Group Days Payable?

Humm Group's average Accounts Payable for the six months ended in Dec. 2023 was $38.7 Mil. Humm Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.4 Mil. Hence, Humm Group's Days Payable for the six months ended in Dec. 2023 was 754.48.

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

HUMGF' s Days Payable Range Over the Past 10 Years
Min: 604.16 Med: 1075.69 Max: 5822.34
Current: 622.11

During the past 13 years, Humm Group's highest Days Payable was 5822.34. The lowest was 604.16. And the median was 1075.69.

HUMGF's Days Payable is ranked better than
90.78% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs HUMGF: 622.11

Humm Group's Days Payable increased from Dec. 2022 (586.71) to Dec. 2023 (754.48). It may suggest that Humm Group delayed paying its suppliers.

Humm Group Days Payable Historical Data

The historical data trend for Humm 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.

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Humm Group Days Payable Chart

Humm Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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1,115.36

941.13

796.41

746.79

617.45

Humm Group 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															759.73	700.90	586.71	545.22	754.48

Competitive Comparison of Humm Group's Days Payable

For the Credit Services subindustry, Humm 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.

Humm Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Humm Group's Days Payable distribution charts can be found below:

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

Humm 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.

Humm Group'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
=	( (36.402	+	39.664)	/	2 )	/	22.483	*	365
=	38.033					/	22.483	*	365
=	617.45

Humm Group'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
=	( (39.664	+	37.818)	/	2 )	/	9.371	*	365 / 2
=	38.741					/	9.371	*	365 / 2
=	754.48

Humm Group Days Payable Related Terms

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Humm Group (Humm Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Humm Group Ltd (OTCPK:HUMGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HUM:Australia

Address

121 Harrington Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.shophumm.com

Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.

Humm Group (Humm Group) Headlines

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