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Ahlers AG (FRA:AAH) Days Payable : 77.79 (As of May. 2023)


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What is Ahlers AG Days Payable?

Ahlers AG's average Accounts Payable for the six months ended in May. 2023 was €20.2 Mil. Ahlers AG's Cost of Goods Sold for the six months ended in May. 2023 was €47.4 Mil. Hence, Ahlers AG's Days Payable for the six months ended in May. 2023 was 77.79.

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

FRA:AAH' s Days Payable Range Over the Past 10 Years
Min: 44.7   Med: 60.53   Max: 70.76
Current: 63.8

During the past 13 years, Ahlers AG's highest Days Payable was 70.76. The lowest was 44.70. And the median was 60.53.

FRA:AAH's Days Payable is ranked better than
56.42% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs FRA:AAH: 63.80

Ahlers AG's Days Payable increased from May. 2022 (42.06) to May. 2023 (77.79). It may suggest that Ahlers AG delayed paying its suppliers.


Ahlers AG Days Payable Historical Data

The historical data trend for Ahlers 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.

Ahlers AG Days Payable Chart

Ahlers AG Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.76 68.55 61.57 44.70 58.35

Ahlers AG Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 42.96 28.43 42.06 56.34 77.79

Competitive Comparison of Ahlers AG's Days Payable

For the Apparel Manufacturing subindustry, Ahlers 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.


Ahlers AG's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ahlers AG's Days Payable distribution charts can be found below:

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



Ahlers 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.

Ahlers AG's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

Days Payable (A: Nov. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2021 ) + Accounts Payable (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (9.381 + 20.151) / 2 ) / 92.369*365
=14.766 / 92.369*365
=58.35

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

Days Payable (Q: May. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (20.151 + 20.246) / 2 ) / 47.387*365 / 2
=20.1985 / 47.387*365 / 2
=77.79

* 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.


Ahlers AG Days Payable Related Terms

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Ahlers AG (FRA:AAH) Business Description

Traded in Other Exchanges
Address
Elverdisser Strasse 313, Herford, NW, DEU, 32052
Ahlers AG is a manufacturer of men's apparel. Ahlers operates in two segments namely Premium brands and Jeans and Workwear. Its brand profile includes Otto Kern, Baldessarini, Pierre Cardin, Pioneer Jeans, and others. The firm has its geographical footprints in Germany, Western Europe, Central/ Eastern Europe, and others. It generates a majority of its revenue from the Premium Brands segment.

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