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Saietta Group (LSE:SED) Days Payable : 726.50 (As of Sep. 2023)


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What is Saietta Group Days Payable?

Saietta Group's average Accounts Payable for the six months ended in Sep. 2023 was £3.53 Mil. Saietta Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.89 Mil. Hence, Saietta Group's Days Payable for the six months ended in Sep. 2023 was 726.50.

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

LSE:SED' s Days Payable Range Over the Past 10 Years
Min: 192.84   Med: 360.22   Max: 1583.63
Current: 768.31

During the past 5 years, Saietta Group's highest Days Payable was 1583.63. The lowest was 192.84. And the median was 360.22.

LSE:SED's Days Payable is not ranked
in the Vehicles & Parts industry.
Industry Median: 65.86 vs LSE:SED: 768.31

Saietta Group's Days Payable declined from Sep. 2022 (732.09) to Sep. 2023 (726.50). It may suggest that Saietta Group accelerated paying its suppliers.


Saietta Group Days Payable Historical Data

The historical data trend for Saietta 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.

Saietta Group Days Payable Chart

Saietta Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
341.79 1,583.63 393.82 192.84 360.22

Saietta Group Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only 612.75 227.76 732.09 545.32 726.50

Competitive Comparison of Saietta Group's Days Payable

For the Auto Parts subindustry, Saietta 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.


Saietta Group's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Saietta Group's Days Payable distribution charts can be found below:

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



Saietta 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.

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

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.673 + 1.189) / 2 ) / 1.45*365
=1.431 / 1.45*365
=360.22

Saietta 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
=( (1.189 + 5.865) / 2 ) / 0.886*365 / 2
=3.527 / 0.886*365 / 2
=726.50

* 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.


Saietta Group Days Payable Related Terms

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Saietta Group (LSE:SED) Business Description

Traded in Other Exchanges
N/A
Address
c/- Fieldfisher, Riverbank House, 2 Swan Lane, London, GBR, EC4R 3TT
Saietta Group PLC is an engineering company. Its branded AFT (Axial Flux Technology) is modular in design, meaning high and low voltage e-motor solutions can be provided from scooters to large vehicles. It operates in three segments; Lightweight, Heavy-duty and Marine division. It generates maximum revenue from Lightweight segment. AFT has been designed for high automation in volume production meaning AFT cost-effectively delivers class performance. Geographically, the company operates in United Kingdom, European Unions and the rest of the world.

Saietta Group (LSE:SED) Headlines

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