Orbis SE (FRA:OBS) Days Payable : 24.45 (As of Dec. 2022)

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What is Orbis SE Days Payable?

Orbis SE's average Accounts Payable for the six months ended in Dec. 2022 was €5.2 Mil. Orbis SE's Cost of Goods Sold for the six months ended in Dec. 2022 was €38.9 Mil. Hence, Orbis SE's Days Payable for the six months ended in Dec. 2022 was 24.45.

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

FRA:OBS' s Days Payable Range Over the Past 10 Years
Min: 15.71 Med: 19.48 Max: 23.89
Current: 23.89

During the past 13 years, Orbis SE's highest Days Payable was 23.89. The lowest was 15.71. And the median was 19.48.

FRA:OBS's Days Payable is ranked worse than
74.37% of 2536 companies
in the Software industry
Industry Median: 50.1 vs FRA:OBS: 23.89

Orbis SE's Days Payable declined from Dec. 2021 (24.51) to Dec. 2022 (24.45). It may suggest that Orbis SE accelerated paying its suppliers.

Orbis SE Days Payable Historical Data

The historical data trend for Orbis 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.

Orbis SE Days Payable Chart

Orbis SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.73

21.54

20.28

19.48

21.78

Orbis SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial															18.71	24.51	17.87	24.45	-

Competitive Comparison of Orbis SE's Days Payable

For the Information Technology Services subindustry, Orbis 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.

Orbis SE's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Orbis SE's Days Payable distribution charts can be found below:

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

Orbis 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.

Orbis 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
=	( (5.097	+	6.435)	/	2 )	/	96.615	*	365
=	5.766					/	96.615	*	365
=	21.78

Orbis SE's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (5.327	+	5.097)	/	2 )	/	38.896	*	365 / 2
=	5.212					/	38.896	*	365 / 2
=	24.45

Orbis SE Days Payable Related Terms

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Orbis SE (FRA:OBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Orbis SE (FRA:OBS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OBS:Germany

Address

Nell-breuning-allee 3-5, Saarbrücken, DEU, 66115

Website

https://www.orbis.de

Orbis SE is a globally active software and business consultancy company. The company advises and supports international corporations and mid-sized businesses ranging from strategic consulting, organizational consulting, and process consulting to technology consulting and systems integration. It specializes in the leading solutions from SAP and Microsoft.

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