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MS International (LSE:MSI) Days Payable : 65.03 (As of Oct. 2023)


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What is MS International Days Payable?

MS International's average Accounts Payable for the six months ended in Oct. 2023 was £13.88 Mil. MS International's Cost of Goods Sold for the six months ended in Oct. 2023 was £38.94 Mil. Hence, MS International's Days Payable for the six months ended in Oct. 2023 was 65.03.

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

LSE:MSI' s Days Payable Range Over the Past 10 Years
Min: 36.24   Med: 42.01   Max: 72.84
Current: 72.84

During the past 13 years, MS International's highest Days Payable was 72.84. The lowest was 36.24. And the median was 42.01.

LSE:MSI's Days Payable is ranked better than
62.26% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs LSE:MSI: 72.84

MS International's Days Payable increased from Oct. 2022 (63.05) to Oct. 2023 (65.03). It may suggest that MS International delayed paying its suppliers.


MS International Days Payable Historical Data

The historical data trend for MS International'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.

MS International Days Payable Chart

MS International Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.84 36.24 40.17 42.12 46.58

MS International Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 67.08 60.74 63.05 66.68 65.03

Competitive Comparison of MS International's Days Payable

For the Conglomerates subindustry, MS International'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.


MS International's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MS International's Days Payable distribution charts can be found below:

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



MS International 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.

MS International's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (6.997 + 8.46) / 2 ) / 60.556*365
=7.7285 / 60.556*365
=46.58

MS International's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (8.46 + 19.291) / 2 ) / 38.943*365 / 2
=13.8755 / 38.943*365 / 2
=65.03

* 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.


MS International Days Payable Related Terms

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MS International (LSE:MSI) Business Description

Traded in Other Exchanges
Address
Balby Carr Bank, Doncaster, GBR, DN4 8DH
MS International PLC is engaged in the design and manufacturing of specialist engineering products and the provision of related services. The company's operating segment include Defence; Forgings; Petrol Station Superstructures and Corporate Branding. Defence segment designs, manufactures, and services defence equipment. The Petrol Station Branding division is engaged in the design and installation of the complete appearance of petrol stations. It generates maximum revenue from the Defence segment. Geographically, it derives most of the revenue from Europe and has a presence in the United Kingdom, the Americas, and the Rest of the World.