IQGeo Group (LSE:IQG) Days Payable : 88.94 (As of Dec. 2023)

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What is IQGeo Group Days Payable?

IQGeo Group's average Accounts Payable for the six months ended in Dec. 2023 was £4.57 Mil. IQGeo Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £9.38 Mil. Hence, IQGeo Group's Days Payable for the six months ended in Dec. 2023 was 88.94.

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

LSE:IQG' s Days Payable Range Over the Past 10 Years
Min: 25.55 Med: 159.02 Max: 319.07
Current: 71.1

During the past 13 years, IQGeo Group's highest Days Payable was 319.07. The lowest was 25.55. And the median was 159.02.

LSE:IQG's Days Payable is ranked better than
59.78% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:IQG: 71.10

IQGeo Group's Days Payable increased from Dec. 2022 (52.29) to Dec. 2023 (88.94). It may suggest that IQGeo Group delayed paying its suppliers.

IQGeo Group Days Payable Historical Data

The historical data trend for IQGeo Group'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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IQGeo Group Days Payable Chart

IQGeo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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285.97

209.28

166.61

67.54

25.55

IQGeo Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															157.56	141.08	52.29	99.39	88.94

Competitive Comparison of IQGeo Group's Days Payable

For the Software - Application subindustry, IQGeo Group'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.

IQGeo Group's Days Payable Distribution in the Software Industry

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

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

IQGeo Group 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.

IQGeo Group'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
=	( (1.247	+	1.243)	/	2 )	/	17.783	*	365
=	1.245					/	17.783	*	365
=	25.55

IQGeo Group'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
=	( (7.902	+	1.243)	/	2 )	/	9.383	*	365 / 2
=	4.5725					/	9.383	*	365 / 2
=	88.94

IQGeo Group Days Payable Related Terms

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IQGeo Group (LSE:IQG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IQGeo Group PLC (LSE:IQG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IQGLF:USA IQG.GB:UK

Address

Nine Hills Road, Cambridge, GBR, CB2 1GE

Website

https://www.iqgeo.com

IQGeo Group PLC is a provider of mobile geospatial software. It delivers software solutions that integrate data from any source - geographic, real-time asset, GPS, location, corporate, and external cloud-based sources into a live geospatial common operating picture. The company generates revenue from Subscriptions, Maintenance and support, and Services. Geographically, it derives a majority of its revenue from the USA and also has a presence in Canada, Japan, the UK, Europe, and the Rest of the world. Its products include Fiber Planning, Inspection and Survey, myWorld Platform, myWorld for a sales force, and others.

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