Ceconomy AG (Ceconomy AG) Days Payable

: 101.63 (As of Dec. 2023)

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Ceconomy AG's average Accounts Payable for the three months ended in Dec. 2023 was $7,032 Mil. Ceconomy AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,314 Mil. Hence, Ceconomy AG's Days Payable for the three months ended in Dec. 2023 was 101.63.

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

MTTRY' s Days Payable Range Over the Past 10 Years
Min: 75.28 Med: 110.8 Max: 198.6
Current: 121.26

During the past 13 years, Ceconomy AG's highest Days Payable was 198.60. The lowest was 75.28. And the median was 110.80.

MTTRY's Days Payable is ranked better than
81.94% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs MTTRY: 121.26

Ceconomy AG's Days Payable increased from Dec. 2022 (95.88) to Dec. 2023 (101.63). It may suggest that Ceconomy AG delayed paying its suppliers.

Ceconomy AG Days Payable Historical Data

The historical data trend for Ceconomy AG'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.

Ceconomy AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

115.06

117.42

118.26

120.30

102.44

Ceconomy AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																95.88	128.62	120.69	107.73	101.63

Competitive Comparison

For the Specialty Retail subindustry, Ceconomy AG'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.

Ceconomy AG Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Days Payable distribution charts can be found below:

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

Ceconomy AG 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.

Ceconomy AG'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
=	( (5287.129	+	5677.695)	/	2 )	/	19533.618	*	365
=	5482.412					/	19533.618	*	365
=	102.44

Ceconomy AG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5677.695	+	8387.132)	/	2 )	/	6314.068	*	365 / 4
=	7032.4135					/	6314.068	*	365 / 4
=	101.63

Ceconomy AG Days Payable Related Terms

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Ceconomy AG (Ceconomy AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ceconomy AG (OTCPK:MTTRY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1CEC:Italy CECd:UK 0MPM:UK CEC:Germany CEC:Germany CEC:Germany CEC:Germany CEC:Austria

Address

Kaistrasse 3, Dusseldorf, NW, DEU, 40221

Website

https://www.ceconomy.de

Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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