REACT Group (LSE:REAT) Days Payable : 73.33 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is REACT Group Days Payable?

REACT Group's average Accounts Payable for the six months ended in Sep. 2023 was £3.02 Mil. REACT Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £7.51 Mil. Hence, REACT Group's Days Payable for the six months ended in Sep. 2023 was 73.33.

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

LSE:REAT' s Days Payable Range Over the Past 10 Years
Min: 26.7 Med: 37.98 Max: 66.7
Current: 66.7

During the past 13 years, REACT Group's highest Days Payable was 66.70. The lowest was 26.70. And the median was 37.98.

LSE:REAT's Days Payable is ranked better than
62.07% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs LSE:REAT: 66.70

REACT Group's Days Payable increased from Sep. 2022 (58.60) to Sep. 2023 (73.33). It may suggest that REACT Group delayed paying its suppliers.

REACT Group Days Payable Historical Data

The historical data trend for REACT 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.

* Premium members only.

REACT Group Days Payable Chart

REACT Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

37.27

39.75

26.70

38.69

46.91

REACT Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															64.62	61.78	58.60	80.17	73.33

Competitive Comparison of REACT Group's Days Payable

For the Specialty Business Services subindustry, REACT 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.

REACT Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, REACT Group's Days Payable distribution charts can be found below:

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

REACT 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.

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

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.83	+	1.857)	/	2 )	/	14.343	*	365
=	1.8435					/	14.343	*	365
=	46.91

REACT Group'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
=	( (4.176	+	1.857)	/	2 )	/	7.507	*	365 / 2
=	3.0165					/	7.507	*	365 / 2
=	73.33

REACT Group Days Payable Related Terms

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

REACT Group (LSE:REAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » REACT Group PLC (LSE:REAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Holly House, Shady Lane, Birmingham, GBR, B44 9ER

Website

https://www.reactplc.co.uk

REACT Group PLC is engaged in providing cleaning, decontamination, and hygiene sector, including both contracted commercial cleaning and specialist emergency decontamination work. Its objective is to maintain and/or rapidly return its customers' property to safe, clean, operational use and do this through regular specialist cleaning and/or emergency response to potentially harmful incidents. The business operates through three divisions; commercial windows & cladding, hygiene & maintenance, and, emergency & decontamination. It has three operating segments; Contract Maintenance, Contract Reactive, and Ad Hoc work, out of which a majority of the revenue is generated from the contract maintenance segment.

REACT Group (LSE:REAT) Headlines

No Headlines