Ingenta (LSE:ING) Days Payable : 22.89 (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Ingenta Days Payable?

Ingenta's average Accounts Payable for the six months ended in Jun. 2023 was £0.32 Mil. Ingenta's Cost of Goods Sold for the six months ended in Jun. 2023 was £2.58 Mil. Hence, Ingenta's Days Payable for the six months ended in Jun. 2023 was 22.89.

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

LSE:ING' s Days Payable Range Over the Past 10 Years
Min: 16.14 Med: 24.86 Max: 155.7
Current: 21.2

During the past 13 years, Ingenta's highest Days Payable was 155.70. The lowest was 16.14. And the median was 24.86.

LSE:ING's Days Payable is ranked worse than
77.83% of 2531 companies
in the Software industry
Industry Median: 50.16 vs LSE:ING: 21.20

Ingenta's Days Payable increased from Jun. 2022 (20.68) to Jun. 2023 (22.89). It may suggest that Ingenta delayed paying its suppliers.

Ingenta Days Payable Historical Data

The historical data trend for Ingenta'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.

Ingenta Days Payable Chart

Ingenta Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

155.70

153.93

92.70

24.08

21.87

Ingenta Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															22.64	15.61	20.68	21.54	22.89

Competitive Comparison of Ingenta's Days Payable

For the Software - Application subindustry, Ingenta'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.

Ingenta's Days Payable Distribution in the Software Industry

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

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

Ingenta 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.

Ingenta's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.267	+	0.374)	/	2 )	/	5.348	*	365
=	0.3205					/	5.348	*	365
=	21.87

Ingenta's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.374	+	0.274)	/	2 )	/	2.583	*	365 / 2
=	0.324					/	2.583	*	365 / 2
=	22.89

Ingenta Days Payable Related Terms

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

Ingenta (LSE:ING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ingenta PLC (LSE:ING) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parkway Court, John Smith Drive,, Suite 2, Whichford House,, Oxford, GBR, OX4 2JY

Website

https://www.ingenta.com

Ingenta PLC and its subsidiaries provide content management, advertising, and commercial enterprise solutions and services to publishers, information providers, academic libraries, and institutions. The company operates through the following segments: Commercial Products; Content Products; PCG and Advertising where; Commercial products are enterprise-level publishing management systems, Content products help content providers sell their content online, PCG provides consultancy services, Vista Services, and Advertising provides complete browser-based multimedia advertising. The company operates in the United Kingdom, USA, Brazil, Netherlands, France and Rest of the world. The majority of company's revenue is generated from the united kingdom.