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Wacker Neuson SE (XTER:WAC) Days Payable : 49.48 (As of Dec. 2023)


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What is Wacker Neuson SE Days Payable?

Wacker Neuson SE's average Accounts Payable for the three months ended in Dec. 2023 was €272 Mil. Wacker Neuson SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €501 Mil. Hence, Wacker Neuson SE's Days Payable for the three months ended in Dec. 2023 was 49.48.

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

XTER:WAC' s Days Payable Range Over the Past 10 Years
Min: 22.71   Med: 44.85   Max: 52.24
Current: 51.87

During the past 13 years, Wacker Neuson SE's highest Days Payable was 52.24. The lowest was 22.71. And the median was 44.85.

XTER:WAC's Days Payable is ranked worse than
73.17% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs XTER:WAC: 51.87

Wacker Neuson SE's Days Payable declined from Dec. 2022 (50.46) to Dec. 2023 (49.48). It may suggest that Wacker Neuson SE accelerated paying its suppliers.


Wacker Neuson SE Days Payable Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Days Payable Chart

Wacker Neuson SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.92 43.10 48.52 52.24 46.60

Wacker Neuson SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.46 52.86 54.46 56.01 49.48

Competitive Comparison of Wacker Neuson SE's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Wacker Neuson SE's Days Payable falls into.



Wacker Neuson SE 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.

Wacker Neuson SE's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (261.3 + 251.5) / 2 ) / 2008.4*365
=256.4 / 2008.4*365
=46.60

Wacker Neuson SE'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
=( (292 + 251.5) / 2 ) / 501.2*365 / 4
=271.75 / 501.2*365 / 4
=49.48

* 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.


Wacker Neuson SE Days Payable Related Terms

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Wacker Neuson SE (XTER:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (XTER:WAC) Headlines

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