GURUFOCUS.COM » STOCK LIST » Technology » Software » GSTechnologies Ltd (LSE:GST) » Definitions » Days Payable

GSTechnologies (LSE:GST) Days Payable : 414.01 (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is GSTechnologies Days Payable?

GSTechnologies's average Accounts Payable for the six months ended in Sep. 2023 was £1.01 Mil. GSTechnologies's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.45 Mil. Hence, GSTechnologies's Days Payable for the six months ended in Sep. 2023 was 414.01.

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

LSE:GST' s Days Payable Range Over the Past 10 Years
Min: 2.71   Med: 58.22   Max: 792.76
Current: 792.76

During the past 13 years, GSTechnologies's highest Days Payable was 792.76. The lowest was 2.71. And the median was 58.22.

LSE:GST's Days Payable is ranked better than
94.93% of 2526 companies
in the Software industry
Industry Median: 50.42 vs LSE:GST: 792.76

GSTechnologies's Days Payable increased from Sep. 2022 (51.42) to Sep. 2023 (414.01). It may suggest that GSTechnologies delayed paying its suppliers.


GSTechnologies Days Payable Historical Data

The historical data trend for GSTechnologies'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.

* Premium members only.

GSTechnologies Days Payable Chart

GSTechnologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.22 75.00 53.96 350.43 792.76

GSTechnologies Semi-Annual Data
Jun13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.57 - 51.42 - 414.01

Competitive Comparison of GSTechnologies's Days Payable

For the Information Technology Services subindustry, GSTechnologies'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.


GSTechnologies's Days Payable Distribution in the Software Industry

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

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



GSTechnologies 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.

GSTechnologies'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
=( (0.165 + 1.894) / 2 ) / 0.474*365
=1.0295 / 0.474*365
=792.76

GSTechnologies'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
=( (1.894 + 0.125) / 2 ) / 0.445*365 / 2
=1.0095 / 0.445*365 / 2
=414.01

* 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.


GSTechnologies Days Payable Related Terms

Thank you for viewing the detailed overview of GSTechnologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


GSTechnologies (LSE:GST) Business Description

Traded in Other Exchanges
Address
Level 11, 125th Street Georges Terrace, Perth, WA, AUS, 6000
GSTechnologies Ltd is a technology company engaged in providing data infrastructure, storage, and technology services. The service offerings of the company include Cabling, IT Network, Wireless, Data Centers, Security, Smart Automation and Monitoring among others. The entity operates in one business segment, being information data technology and infrastructure.

GSTechnologies (LSE:GST) Headlines

No Headlines