Alfa Financial Software Holdings (LSE:ALFA) Days Payable : 58.29 (As of Dec. 2023)

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What is Alfa Financial Software Holdings Days Payable?

Alfa Financial Software Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £6.1 Mil. Alfa Financial Software Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £19.1 Mil. Hence, Alfa Financial Software Holdings's Days Payable for the six months ended in Dec. 2023 was 58.29.

The historical rank and industry rank for Alfa Financial Software Holdings's Days Payable or its related term are showing as below:

LSE:ALFA' s Days Payable Range Over the Past 10 Years
Min: 6.19 Med: 117.12 Max: 144.71
Current: 41.3

During the past 11 years, Alfa Financial Software Holdings's highest Days Payable was 144.71. The lowest was 6.19. And the median was 117.12.

LSE:ALFA's Days Payable is ranked worse than
55.87% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:ALFA: 41.30

Alfa Financial Software Holdings's Days Payable increased from Dec. 2022 (7.69) to Dec. 2023 (58.29). It may suggest that Alfa Financial Software Holdings delayed paying its suppliers.

Alfa Financial Software Holdings Days Payable Historical Data

The historical data trend for Alfa Financial Software Holdings'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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Alfa Financial Software Holdings Days Payable Chart

Alfa Financial Software Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126.09

33.69

10.70

8.74

6.19

Alfa Financial Software Holdings Semi-Annual Data
	Dec14	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													8.83	8.77	7.69	59.41	58.29

Competitive Comparison of Alfa Financial Software Holdings's Days Payable

For the Software - Application subindustry, Alfa Financial Software Holdings'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.

Alfa Financial Software Holdings's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Alfa Financial Software Holdings's Days Payable falls into.

Alfa Financial Software Holdings 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.

Alfa Financial Software Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.8	+	0.5)	/	2 )	/	38.3	*	365
=	0.65					/	38.3	*	365
=	6.19

Alfa Financial Software Holdings'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
=	( (11.7	+	0.5)	/	2 )	/	19.1	*	365 / 2
=	6.1					/	19.1	*	365 / 2
=	58.29

Alfa Financial Software Holdings Days Payable Related Terms

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Alfa Financial Software Holdings (LSE:ALFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alfa Financial Software Holdings PLC (LSE:ALFA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALFAl:UK A9F:Germany

Address

1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT

Website

https://www.alfasystems.com

Alfa Financial Software Holdings PLC is a Developer of software systems and services designed for the global asset and automotive finance industry. The company's technology platform supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing, enabling finance companies to find compelling solutions.

Alfa Financial Software Holdings (LSE:ALFA) Headlines

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