EQS Group AG (FRA:EQS) Days Payable : 79.83 (As of Dec. 2023)

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What is EQS Group AG Days Payable?

EQS Group AG's average Accounts Payable for the three months ended in Dec. 2023 was €4.98 Mil. EQS Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €5.69 Mil. Hence, EQS Group AG's Days Payable for the three months ended in Dec. 2023 was 79.83.

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

FRA:EQS' s Days Payable Range Over the Past 10 Years
Min: 19.31 Med: 25.98 Max: 44.27
Current: 31.25

During the past 13 years, EQS Group AG's highest Days Payable was 44.27. The lowest was 19.31. And the median was 25.98.

FRA:EQS's Days Payable is ranked worse than
65.89% of 2524 companies
in the Software industry
Industry Median: 50.7 vs FRA:EQS: 31.25

EQS Group AG's Days Payable increased from Dec. 2022 (39.94) to Dec. 2023 (79.83). It may suggest that EQS Group AG delayed paying its suppliers.

EQS Group AG Days Payable Historical Data

The historical data trend for EQS Group 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.

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EQS Group AG Days Payable Chart

EQS Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.62

35.30

34.07

27.16

44.27

EQS Group 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	Get a 7-Day Free Trial															39.94	20.29	18.02	20.75	79.83

Competitive Comparison of EQS Group AG's Days Payable

For the Software - Infrastructure subindustry, EQS Group 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.

EQS Group AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, EQS Group AG's Days Payable distribution charts can be found below:

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

EQS Group 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.

EQS Group AG'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
=	( (2.709	+	7.243)	/	2 )	/	41.025	*	365
=	4.976					/	41.025	*	365
=	44.27

EQS Group 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
=	( (2.72	+	7.243)	/	2 )	/	5.694	*	365 / 4
=	4.9815					/	5.694	*	365 / 4
=	79.83

EQS Group AG Days Payable Related Terms

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EQS Group AG (FRA:EQS) Business Description

Industry

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Traded in Other Exchanges

EQS:Germany

Address

Karlstrasse 47, Munich, DEU, 80333

Website

https://www.eqs.com

EQS Group AG is an international cloud software provider in the areas of Corporate Compliance, Investor relations, and ESG. It operates in two segments Compliance and Investor Relations. It Compliance segment encompasses the products required for companies to fulfill their legal and regulatory obligations including reporting obligations in the news segment, submissions to the Federal Gazette, and new products such as Insider Manager, Integrity Line, LEI, and ARIVA Workflows. Its Investor Relations segment includes products for the areas of financial and corporate communications, including news, websites, portals, webcasts, and media as well as the new investors and CRM modules in the COCKPIT. It derives a majority of its revenue from the Compliance segment within Germany.