Funding Circle Holdings (LSE:FCH) Days Payable : 0.00 (As of Dec. 2023)

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What is Funding Circle Holdings Days Payable?

Funding Circle Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £22.3 Mil. Funding Circle Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £-0.4 Mil.

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

LSE:FCH' s Days Payable Range Over the Past 10 Years
Min: 6.86 Med: 33.6 Max: 9550.83
Current: 9550.83

During the past 9 years, Funding Circle Holdings's highest Days Payable was 9550.83. The lowest was 6.86. And the median was 33.60.

LSE:FCH's Days Payable is ranked better than
98.24% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs LSE:FCH: 9550.83

Funding Circle Holdings's Days Payable declined from Dec. 2022 (2,001.42) to Dec. 2023 (0.00). It may suggest that Funding Circle Holdings accelerated paying its suppliers.

Funding Circle Holdings Days Payable Historical Data

The historical data trend for Funding Circle 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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Funding Circle Holdings Days Payable Chart

Funding Circle Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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138.61

6.86

86.06

240.74

1,490.42

Funding Circle Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										1,102.45	972.38	2,001.42	4,078.88	-

Competitive Comparison of Funding Circle Holdings's Days Payable

For the Credit Services subindustry, Funding Circle 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.

Funding Circle Holdings's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Funding Circle Holdings's Days Payable distribution charts can be found below:

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

Funding Circle 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.

Funding Circle 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
=	( (2.5	+	2.4)	/	2 )	/	0.60000000000002	*	365
=	2.45					/	0.60000000000002	*	365
=	1,490.42

Funding Circle 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
=	( (42.2	+	2.4)	/	2 )	/	-0.40000000000001	*	365 / 2
=	22.3					/	-0.40000000000001	*	365 / 2
=	N/A

Funding Circle Holdings Days Payable Related Terms

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Funding Circle Holdings (LSE:FCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Funding Circle Holdings PLC (LSE:FCH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FDCHF:USA FCHl:UK

Address

71 Queen Victoria Street, London, GBR, EC4V 4AY

Website

https://www.corporate.fundingcircle.com

Funding Circle Holdings PLC provides an online lending platform through which borrower loans are originated and allocated to investors and comprising the different online lending platforms across the company's geographies. The company's geographical segments include the United Kingdom, the United States, and developing markets. It derives the majority of its revenue from the United Kingdom region.