va-Q-tec AG (HAM:VQT) Days Payable : 41.76 (As of Dec. 2023)

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What is va-Q-tec AG Days Payable?

va-Q-tec AG's average Accounts Payable for the three months ended in Dec. 2023 was €5.4 Mil. va-Q-tec AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €11.7 Mil. Hence, va-Q-tec AG's Days Payable for the three months ended in Dec. 2023 was 41.76.

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

HAM:VQT' s Days Payable Range Over the Past 10 Years
Min: 49.35 Med: 74.31 Max: 104.01
Current: 49.35

During the past 12 years, va-Q-tec AG's highest Days Payable was 104.01. The lowest was 49.35. And the median was 74.31.

HAM:VQT's Days Payable is ranked worse than
70.53% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs HAM:VQT: 49.35

va-Q-tec AG's Days Payable declined from Dec. 2022 (55.17) to Dec. 2023 (41.76). It may suggest that va-Q-tec AG accelerated paying its suppliers.

va-Q-tec AG Days Payable Historical Data

The historical data trend for va-Q-tec 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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va-Q-tec AG Days Payable Chart

va-Q-tec AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.38

75.19

73.42

69.47

55.84

va-Q-tec 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															55.17	53.39	54.12	42.91	41.76

Competitive Comparison of va-Q-tec AG's Days Payable

For the Specialty Industrial Machinery subindustry, va-Q-tec 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.

va-Q-tec AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, va-Q-tec AG's Days Payable distribution charts can be found below:

* The bar in red indicates where va-Q-tec AG's Days Payable falls into.

va-Q-tec 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.

va-Q-tec 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
=	( (7.13	+	6.421)	/	2 )	/	44.285	*	365
=	6.7755					/	44.285	*	365
=	55.84

va-Q-tec 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
=	( (4.322	+	6.421)	/	2 )	/	11.736	*	365 / 4
=	5.3715					/	11.736	*	365 / 4
=	41.76

va-Q-tec AG Days Payable Related Terms

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va-Q-tec AG (HAM:VQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » va-Q-tec AG (HAM:VQT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VAQTF:USA

Address

Alfred-Nobel-Strasse 33, Wurzburg, BY, DEU, 97080

Website

https://www.va-q-tec.com

va-Q-tec AG develops, produces and sells products for temperature controlling and insulation-vacuum, insulation panels, heat storage and phase change materials. The company segments include Va-Q-tec AG, Va-Q-tec Ltd (UK) and Others. It generates maximum revenue from the Va-Q-tec AG segment. Geographically, it has a presence in Germany, Rest of European Union and Other. The company's serve Healthcare and Logistics, Appliances and Food, Construction, Technics and Industry, and Mobility.

va-Q-tec AG (HAM:VQT) Headlines

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