CyanConnode Holdings (LSE:CYAN) Days Payable : 170.10 (As of Sep. 2023)

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What is CyanConnode Holdings Days Payable?

CyanConnode Holdings's average Accounts Payable for the six months ended in Sep. 2023 was £3.70 Mil. CyanConnode Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was £3.97 Mil. Hence, CyanConnode Holdings's Days Payable for the six months ended in Sep. 2023 was 170.10.

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

LSE:CYAN' s Days Payable Range Over the Past 10 Years
Min: 87.68 Med: 261.98 Max: 975.59
Current: 109.86

During the past 13 years, CyanConnode Holdings's highest Days Payable was 975.59. The lowest was 87.68. And the median was 261.98.

LSE:CYAN's Days Payable is ranked better than
74.67% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs LSE:CYAN: 109.86

CyanConnode Holdings's Days Payable declined from Sep. 2022 (443.81) to Sep. 2023 (170.10). It may suggest that CyanConnode Holdings accelerated paying its suppliers.

CyanConnode Holdings Days Payable Historical Data

The historical data trend for CyanConnode 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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CyanConnode Holdings Days Payable Chart

CyanConnode Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar20

Mar21

Mar22

Mar23

Days Payable

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209.81

112.71

113.93

87.68

CyanConnode Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															210.69	191.87	443.81	67.00	170.10

Competitive Comparison of CyanConnode Holdings's Days Payable

For the Communication Equipment subindustry, CyanConnode 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.

CyanConnode Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CyanConnode Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where CyanConnode Holdings's Days Payable falls into.

CyanConnode 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.

CyanConnode Holdings'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
=	( (0.955	+	2.657)	/	2 )	/	7.518	*	365
=	1.806					/	7.518	*	365
=	87.68

CyanConnode Holdings'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
=	( (2.657	+	4.734)	/	2 )	/	3.965	*	365 / 2
=	3.6955					/	3.965	*	365 / 2
=	170.10

CyanConnode Holdings Days Payable Related Terms

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CyanConnode Holdings (LSE:CYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CyanConnode Holdings PLC (LSE:CYAN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Milton Road, Merlin Place, Cambridge, GBR, CB4 0DP

Website

https://www.cyanconnode.com

CyanConnode Holdings PLC designs and develops wireless monitoring and control products for smart metering, lighting, and the Internet of Things applications. The company provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency, and save energy. The company offers a range of solutions including Narrowband RF mesh, Ultimesh, Panmesh, and Omnimesh. The company has operations in Europe, Asia, and Rest of World.