CMC Markets (LSE:CMCX) Days Payable : 532.78 (As of Sep. 2023)

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What is CMC Markets Days Payable?

CMC Markets's average Accounts Payable for the six months ended in Sep. 2023 was £155.3 Mil. CMC Markets's Cost of Goods Sold for the six months ended in Sep. 2023 was £53.2 Mil. Hence, CMC Markets's Days Payable for the six months ended in Sep. 2023 was 532.78.

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

LSE:CMCX' s Days Payable Range Over the Past 10 Years
Min: 119.56 Med: 450.24 Max: 671.33
Current: 546.89

During the past 11 years, CMC Markets's highest Days Payable was 671.33. The lowest was 119.56. And the median was 450.24.

LSE:CMCX's Days Payable is ranked better than
72.33% of 524 companies
in the Capital Markets industry
Industry Median: 100.09 vs LSE:CMCX: 546.89

CMC Markets's Days Payable declined from Sep. 2022 (567.57) to Sep. 2023 (532.78). It may suggest that CMC Markets accelerated paying its suppliers.

CMC Markets Days Payable Historical Data

The historical data trend for CMC Markets'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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CMC Markets Days Payable Chart

CMC Markets Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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584.17

659.94

637.80

671.33

601.32

CMC Markets Semi-Annual Data
	Mar13	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															600.70	746.46	567.57	559.54	532.78

Competitive Comparison of CMC Markets's Days Payable

For the Capital Markets subindustry, CMC Markets'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.

CMC Markets's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CMC Markets's Days Payable distribution charts can be found below:

* The bar in red indicates where CMC Markets's Days Payable falls into.

CMC Markets 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.

CMC Markets's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (168.008	+	147.837)	/	2 )	/	95.859	*	365
=	157.9225					/	95.859	*	365
=	601.32

CMC Markets's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (147.837	+	162.83)	/	2 )	/	53.208	*	365 / 2
=	155.3335					/	53.208	*	365 / 2
=	532.78

CMC Markets Days Payable Related Terms

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CMC Markets (LSE:CMCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CMC Markets PLC (LSE:CMCX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CMCXl:UK T8Q:Germany

Address

133 Houndsditch, London, GBR, EC3A 7BX

Website

https://www.cmcmarkets.com

CMC Markets PLC is a United Kingdom-based company that provides online and mobile trading services. The company's core business is to provide online retail financial services and allows people to trade in various financial products of underlying assets such as forex markets, indices, shares, commodities, and treasuries. Its operating segments include Trading - CFD and spread bet - UK and Ireland; Trading - CFD - Europe; Trading - CFD - Australia, New Zealand and Singapore (APAC) and Canada and Investing - Stockbroking - Australia.

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