NCC Group (LSE:NCC) Days Payable : 48.77 (As of Nov. 2023)

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What is NCC Group Days Payable?

NCC Group's average Accounts Payable for the six months ended in Nov. 2023 was £26.0 Mil. NCC Group's Cost of Goods Sold for the six months ended in Nov. 2023 was £97.1 Mil. Hence, NCC Group's Days Payable for the six months ended in Nov. 2023 was 48.77.

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

LSE:NCC' s Days Payable Range Over the Past 10 Years
Min: 12.02 Med: 16.38 Max: 65.48
Current: 65.48

During the past 13 years, NCC Group's highest Days Payable was 65.48. The lowest was 12.02. And the median was 16.38.

LSE:NCC's Days Payable is ranked better than
57.33% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LSE:NCC: 65.48

NCC Group's Days Payable declined from Nov. 2022 (54.94) to Nov. 2023 (48.77). It may suggest that NCC Group accelerated paying its suppliers.

NCC Group Days Payable Historical Data

The historical data trend for NCC 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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NCC Group Days Payable Chart

NCC Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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48.66

48.58

16.09

12.02

13.48

NCC Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Payable	Get a 7-Day Free Trial															51.12	51.24	54.94	55.23	48.77

Competitive Comparison of NCC Group's Days Payable

For the Software - Application subindustry, NCC 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.

NCC Group's Days Payable Distribution in the Software Industry

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

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

NCC 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.

NCC Group's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (8.7	+	6.3)	/	2 )	/	203.1	*	365
=	7.5					/	203.1	*	365
=	13.48

NCC Group's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (6.3	+	45.6)	/	2 )	/	97.1	*	365 / 2
=	25.95					/	97.1	*	365 / 2
=	48.77

NCC Group Days Payable Related Terms

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NCC Group (LSE:NCC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NCCl:UK NZB:Germany

Address

2 Hardman Boulevard, XYZ Building, Spinningfields, Manchester, GBR, M3 3AQ

Website

https://www.nccgroup.com

NCC Group PLC is a U.K.-based provider of information assurance software solutions to the transportation, finance, retail, Internet of Things, and oil and gas end markets. The firm's operations are organized in below divisions: Assurance, which offers security and risks consulting services; group escrow, which offers software escrow services with a third-party agent; and domain services, which maintains and publishes trust security standards. Roughly half of the firm's revenue is generated in the United Kingdom, with the rest coming from Europe and the rest of the world.

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