Big Technologies (LSE:BIG) Days Payable : 129.21 (As of Dec. 2023)

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What is Big Technologies Days Payable?

Big Technologies's average Accounts Payable for the six months ended in Dec. 2023 was £6.31 Mil. Big Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was £8.91 Mil. Hence, Big Technologies's Days Payable for the six months ended in Dec. 2023 was 129.21.

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

LSE:BIG' s Days Payable Range Over the Past 10 Years
Min: 156.17 Med: 199.01 Max: 288.57
Current: 156.17

During the past 5 years, Big Technologies's highest Days Payable was 288.57. The lowest was 156.17. And the median was 199.01.

LSE:BIG's Days Payable is ranked better than
78.86% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:BIG: 156.17

Big Technologies's Days Payable declined from Dec. 2022 (213.50) to Dec. 2023 (129.21). It may suggest that Big Technologies accelerated paying its suppliers.

Big Technologies Days Payable Historical Data

The historical data trend for Big Technologies'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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Big Technologies Days Payable Chart

Big Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

288.57

161.75

206.60

199.01

161.32

Big Technologies Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				194.55	219.21	213.50	183.48	129.21

Competitive Comparison of Big Technologies's Days Payable

For the Software - Application subindustry, Big Technologies'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.

Big Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Big Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Big Technologies's Days Payable falls into.

Big Technologies 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.

Big Technologies'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
=	( (8.153	+	6.146)	/	2 )	/	16.176	*	365
=	7.1495					/	16.176	*	365
=	161.32

Big Technologies'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
=	( (6.465	+	6.146)	/	2 )	/	8.906	*	365 / 2
=	6.3055					/	8.906	*	365 / 2
=	129.21

Big Technologies Days Payable Related Terms

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Big Technologies (LSE:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Big Technologies PLC (LSE:BIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7I8:Germany

Address

17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE

Website

https://www.bigtechnologies.co.uk

Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.