Angling Direct (LSE:ANG) Days Payable : 45.71 (As of Jan. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Angling Direct Days Payable?

Angling Direct's average Accounts Payable for the six months ended in Jan. 2024 was £6.26 Mil. Angling Direct's Cost of Goods Sold for the six months ended in Jan. 2024 was £25.00 Mil. Hence, Angling Direct's Days Payable for the six months ended in Jan. 2024 was 45.71.

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

LSE:ANG' s Days Payable Range Over the Past 10 Years
Min: 31.06 Med: 51.46 Max: 78.45
Current: 39.07

During the past 10 years, Angling Direct's highest Days Payable was 78.45. The lowest was 31.06. And the median was 51.46.

LSE:ANG's Days Payable is ranked worse than
65.03% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs LSE:ANG: 39.07

Angling Direct's Days Payable increased from Jan. 2023 (42.13) to Jan. 2024 (45.71). It may suggest that Angling Direct delayed paying its suppliers.

Angling Direct Days Payable Historical Data

The historical data trend for Angling Direct'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.

Angling Direct Days Payable Chart

Angling Direct Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

Get a 7-Day Free Trial

49.04

39.89

32.35

35.46

31.06

Angling Direct Semi-Annual Data
	Jan15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial													46.70	38.92	42.13	40.73	45.71

Competitive Comparison of Angling Direct's Days Payable

For the Specialty Retail subindustry, Angling Direct'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.

Angling Direct's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Days Payable distribution charts can be found below:

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

Angling Direct 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.

Angling Direct's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (4.543	+	4.503)	/	2 )	/	53.153	*	365
=	4.523					/	53.153	*	365
=	31.06

Angling Direct's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (8.023	+	4.503)	/	2 )	/	25.004	*	365 / 2
=	6.263					/	25.004	*	365 / 2
=	45.71

Angling Direct Days Payable Related Terms

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

Angling Direct (LSE:ANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Angling Direct PLC (LSE:ANG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH

Website

https://www.anglingdirect.co.uk

Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company operates into two operating segments: Stores and Online. The company derives revenue from Retail store sales and E-commerce and also sells baits, additives, sunglasses, waders, boots, seat box accessories, buckets, rod pods, nets, indicators, reels, umbrellas, and other products and services. The company operates in the UK.

Angling Direct (LSE:ANG) Headlines

No Headlines