STS Group AG (FRA:SF3) Days Payable : 141.08 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is STS Group AG Days Payable?

STS Group AG's average Accounts Payable for the six months ended in Dec. 2023 was €62.9 Mil. STS Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €81.3 Mil. Hence, STS Group AG's Days Payable for the six months ended in Dec. 2023 was 141.08.

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

FRA:SF3' s Days Payable Range Over the Past 10 Years
Min: 108.91 Med: 116.98 Max: 190.93
Current: 122.5

During the past 10 years, STS Group AG's highest Days Payable was 190.93. The lowest was 108.91. And the median was 116.98.

FRA:SF3's Days Payable is ranked better than
79.7% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs FRA:SF3: 122.50

STS Group AG's Days Payable increased from Dec. 2022 (131.19) to Dec. 2023 (141.08). It may suggest that STS Group AG delayed paying its suppliers.

STS Group AG Days Payable Historical Data

The historical data trend for STS 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.

* Premium members only.

STS Group AG Days Payable Chart

STS Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

190.93

162.02

116.98

119.45

116.64

STS Group AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											140.01	118.07	131.19	111.90	141.08

Competitive Comparison of STS Group AG's Days Payable

For the Auto Parts subindustry, STS 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.

STS Group AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, STS Group AG's Days Payable distribution charts can be found below:

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

STS 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.

STS 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
=	( (50.9	+	61.2)	/	2 )	/	175.4	*	365
=	56.05					/	175.4	*	365
=	116.64

STS 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (64.5	+	61.2)	/	2 )	/	81.3	*	365 / 2
=	62.85					/	81.3	*	365 / 2
=	141.08

STS Group AG Days Payable Related Terms

Thank you for viewing the detailed overview of STS Group AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

STS Group AG (FRA:SF3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » STS Group AG (FRA:SF3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SF3:Germany

Address

Kabeler Strasse 4, Hagen, NW, DEU, 58099

Website

https://www.sts.group

STS Group AG is engaged in the manufacturing of auto parts. The company's reportable segments are the Plastics segment which includes the manufacturing of hard trim applications for STS Group customers. Materials segment which involves the production of semi-finished goods, namely sheet molding compound mats, bulk molding compound, and a molding compound, and the China segment which is involved in the production of plastic parts, mainly for commercial vehicles, on the regional market in China. It generates a majority of its revenue from the plastics segment.

STS Group AG (FRA:SF3) Headlines

No Headlines