Braime Group (LSE:BMTO) Days Payable : 84.71 (As of Dec. 2023)

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What is Braime Group Days Payable?

Braime Group's average Accounts Payable for the six months ended in Dec. 2023 was £5.99 Mil. Braime Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £12.92 Mil. Hence, Braime Group's Days Payable for the six months ended in Dec. 2023 was 84.71.

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

LSE:BMTO' s Days Payable Range Over the Past 10 Years
Min: 59.89 Med: 65.54 Max: 84.34
Current: 84.34

During the past 13 years, Braime Group's highest Days Payable was 84.34. The lowest was 59.89. And the median was 65.54.

LSE:BMTO's Days Payable is ranked better than
79.02% of 143 companies
in the Industrial Distribution industry
Industry Median: 53.56 vs LSE:BMTO: 84.34

Braime Group's Days Payable declined from Dec. 2022 (88.03) to Dec. 2023 (84.71). It may suggest that Braime Group accelerated paying its suppliers.

Braime Group Days Payable Historical Data

The historical data trend for Braime 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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Braime Group Days Payable Chart

Braime Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.90

59.89

65.92

71.06

75.65

Braime 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															86.89	76.74	88.03	92.74	84.71

Competitive Comparison of Braime Group's Days Payable

For the Industrial Distribution subindustry, Braime 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.

Braime Group's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Braime Group's Days Payable distribution charts can be found below:

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

Braime 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.

Braime Group'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
=	( (5.767	+	4.85)	/	2 )	/	25.614	*	365
=	5.3085					/	25.614	*	365
=	75.65

Braime 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
=	( (7.139	+	4.85)	/	2 )	/	12.915	*	365 / 2
=	5.9945					/	12.915	*	365 / 2
=	84.71

Braime Group Days Payable Related Terms

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Braime Group (LSE:BMTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Braime Group PLC (LSE:BMTO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BMT:UK

Address

Hunslet Road, Leeds, GBR, LS10 1JZ

Website

https://www.braimegroup.com

Braime Group PLC is engaged in the manufacture of metal presswork and the distribution of bulk material handling components. It operates in two segments: the manufacture of metal presswork, and the 4B Division, supplier of bulk material handling components. Its geographical segments are the United Kingdom, the Rest of Europe, the Americas, Africa, and Australia & Asia.

Braime Group (LSE:BMTO) Headlines

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