Anek Lines (ATH:ANEP) Days Payable : 87.42 (As of Jun. 2023)

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What is Anek Lines Days Payable?

Anek Lines's average Accounts Payable for the six months ended in Jun. 2023 was €37.29 Mil. Anek Lines's Cost of Goods Sold for the six months ended in Jun. 2023 was €77.85 Mil. Hence, Anek Lines's Days Payable for the six months ended in Jun. 2023 was 87.42.

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

ATH:ANEP' s Days Payable Range Over the Past 10 Years
Min: 62.12 Med: 75.14 Max: 174.84
Current: 174.84

During the past 13 years, Anek Lines's highest Days Payable was 174.84. The lowest was 62.12. And the median was 75.14.

ATH:ANEP's Days Payable is not ranked
in the Transportation industry.
Industry Median: 38.785 vs ATH:ANEP: 174.84

Anek Lines's Days Payable increased from Dec. 2021 (72.13) to Jun. 2023 (87.42). It may suggest that Anek Lines delayed paying its suppliers.

Anek Lines Days Payable Historical Data

The historical data trend for Anek Lines'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.

Anek Lines Days Payable Chart

Anek Lines Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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63.10

83.83

98.05

102.72

78.35

Anek Lines Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial															97.01	110.43	72.13	81.32	87.42

Competitive Comparison of Anek Lines's Days Payable

For the Marine Shipping subindustry, Anek Lines'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.

Anek Lines's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Anek Lines's Days Payable distribution charts can be found below:

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

Anek Lines 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.

Anek Lines's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (30.256	+	30.142)	/	2 )	/	140.679	*	365
=	30.199					/	140.679	*	365
=	78.35

Anek Lines's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (42.734	+	31.848)	/	2 )	/	77.851	*	365 / 2
=	37.291					/	77.851	*	365 / 2
=	87.42

Anek Lines Days Payable Related Terms

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Anek Lines (ATH:ANEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Anek Lines SA (ATH:ANEP) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

148 Karamanli Avenue, Crete, Chania, GRC, 73100

Website

https://www.anek.gr

Anek Lines SA is engaged in passenger shipping and performs business activities in the sector of passenger ferry shipping. The main sources of revenue are generated from the passenger, P.U. vehicles and truck fares, as well as other onboard activities (bars, restaurants, stores, and casinos). The company operates its shipping activities domestically and abroad, out of which the majority of the revenue is derived from Abroad.

Anek Lines (ATH:ANEP) Headlines

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