Focusrite (LSE:TUNE) Days Payable : 112.40 (As of Feb. 2024)

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What is Focusrite Days Payable?

Focusrite's average Accounts Payable for the six months ended in Feb. 2024 was £25.7 Mil. Focusrite's Cost of Goods Sold for the six months ended in Feb. 2024 was £41.7 Mil. Hence, Focusrite's Days Payable for the six months ended in Feb. 2024 was 112.40.

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

LSE:TUNE' s Days Payable Range Over the Past 10 Years
Min: 44.03 Med: 57.91 Max: 105.54
Current: 105.54

During the past 12 years, Focusrite's highest Days Payable was 105.54. The lowest was 44.03. And the median was 57.91.

LSE:TUNE's Days Payable is ranked better than
67.99% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs LSE:TUNE: 105.54

Focusrite's Days Payable increased from Feb. 2023 (98.53) to Feb. 2024 (112.40). It may suggest that Focusrite delayed paying its suppliers.

Focusrite Days Payable Historical Data

The historical data trend for Focusrite'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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Focusrite Days Payable Chart

Focusrite Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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57.45

58.11

50.67

62.37

95.24

Focusrite Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															71.13	89.73	98.53	99.80	112.40

Competitive Comparison of Focusrite's Days Payable

For the Leisure subindustry, Focusrite'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.

Focusrite's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Focusrite's Days Payable distribution charts can be found below:

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

Focusrite 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.

Focusrite's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (22.809	+	26.044)	/	2 )	/	93.616	*	365
=	24.4265					/	93.616	*	365
=	95.24

Focusrite's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (26.044	+	25.299)	/	2 )	/	41.683	*	365 / 2
=	25.6715					/	41.683	*	365 / 2
=	112.40

Focusrite Days Payable Related Terms

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Focusrite (LSE:TUNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Focusrite PLC (LSE:TUNE) » Definitions » Days Payable

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FOCIF:USA

Address

Hillbottom Road, Artisan, High Wycombe, Buckinghamshire, GBR, HP12 4HJ

Website

https://www.focusriteplc.com

Focusrite PLC is a music and audio products company supplying hardware and software products used by professional and amateur musicians. The company's operating segment includes Focusrite, Novation, ADAM Audio, Martin Audio, Sequential, and Sonox. It generates maximum revenue from the Focusrite segment. Focusrite segment includes sales of Focusrite and Focusrite Pro branded products. Geographically, majority of its revenue is generated from North America.