Engage XR Holdings (LSE:EXR) Days Payable : 283.01 (As of Dec. 2023)

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What is Engage XR Holdings Days Payable?

Engage XR Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £0.32 Mil. Engage XR Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.21 Mil. Hence, Engage XR Holdings's Days Payable for the six months ended in Dec. 2023 was 283.01.

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

LSE:EXR' s Days Payable Range Over the Past 10 Years
Min: 17.8 Med: 24.58 Max: 343.23
Current: 343.23

During the past 7 years, Engage XR Holdings's highest Days Payable was 343.23. The lowest was 17.80. And the median was 24.58.

LSE:EXR's Days Payable is ranked better than
90.31% of 2529 companies
in the Software industry
Industry Median: 50.36 vs LSE:EXR: 343.23

Engage XR Holdings's Days Payable increased from Dec. 2022 (227.28) to Dec. 2023 (283.01). It may suggest that Engage XR Holdings delayed paying its suppliers.

Engage XR Holdings Days Payable Historical Data

The historical data trend for Engage XR 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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Engage XR Holdings Days Payable Chart

Engage XR Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.23

21.94

18.34

89.33

211.43

Engage XR Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								130.75	172.08	227.28	633.38	283.01

Competitive Comparison of Engage XR Holdings's Days Payable

For the Software - Application subindustry, Engage XR 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.

Engage XR Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Engage XR Holdings's Days Payable distribution charts can be found below:

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

Engage XR 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.

Engage XR Holdings'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
=	( (0.282	+	0.098)	/	2 )	/	0.328	*	365
=	0.19					/	0.328	*	365
=	211.43

Engage XR Holdings'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
=	( (0.544	+	0.098)	/	2 )	/	0.207	*	365 / 2
=	0.321					/	0.207	*	365 / 2
=	283.01

Engage XR Holdings Days Payable Related Terms

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Engage XR Holdings (LSE:EXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Engage XR Holdings PLC (LSE:EXR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6VR:Germany

Address

Old Kilmeaden Road, Unit 9 Cleaboy Business Park, Waterford, IRL, X91 AX83

Website

https://www.engagevr.io

Engage XR Holdings PLC operates as a virtual reality software and technology company in Ireland. It is engaged in the development of the educational Virtual Reality platform - ENGAGE. The company also develops and sells online virtual social learning and presentation platforms for creating, sharing, and delivering proprietary and third-party VR content for educational and corporate training purposes. Its products include ENGAGE platform, 1943 Berlin Blitz, Titanic VR, Apollo 11 VR, and RCSI medical training app.