DMG Mori Aktiengesellschaft (LTS:0OP0) Days Payable : 60.65 (As of Jun. 2023)

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What is DMG Mori Aktiengesellschaft Days Payable?

DMG Mori Aktiengesellschaft's average Accounts Payable for the six months ended in Jun. 2023 was €203 Mil. DMG Mori Aktiengesellschaft's Cost of Goods Sold for the six months ended in Jun. 2023 was €611 Mil. Hence, DMG Mori Aktiengesellschaft's Days Payable for the six months ended in Jun. 2023 was 60.65.

The historical rank and industry rank for DMG Mori Aktiengesellschaft's Days Payable or its related term are showing as below:

LTS:0OP0' s Days Payable Range Over the Past 10 Years
Min: 43.86 Med: 108.6 Max: 136.5
Current: 59.56

During the past 13 years, DMG Mori Aktiengesellschaft's highest Days Payable was 136.50. The lowest was 43.86. And the median was 108.60.

LTS:0OP0's Days Payable is ranked worse than
62.02% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs LTS:0OP0: 59.56

DMG Mori Aktiengesellschaft's Days Payable increased from Jun. 2022 (56.68) to Jun. 2023 (60.65). It may suggest that DMG Mori Aktiengesellschaft delayed paying its suppliers.

DMG Mori Aktiengesellschaft Days Payable Historical Data

The historical data trend for DMG Mori Aktiengesellschaft'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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DMG Mori Aktiengesellschaft Days Payable Chart

DMG Mori Aktiengesellschaft Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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100.61

104.90

130.43

66.21

43.86

DMG Mori Aktiengesellschaft Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															89.30	52.16	56.68	53.75	60.65

Competitive Comparison of DMG Mori Aktiengesellschaft's Days Payable

For the Tools & Accessories subindustry, DMG Mori Aktiengesellschaft'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.

DMG Mori Aktiengesellschaft's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DMG Mori Aktiengesellschaft's Days Payable distribution charts can be found below:

* The bar in red indicates where DMG Mori Aktiengesellschaft's Days Payable falls into.

DMG Mori Aktiengesellschaft 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.

DMG Mori Aktiengesellschaft's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (134.714	+	176.461)	/	2 )	/	1294.685	*	365
=	155.5875					/	1294.685	*	365
=	43.86

DMG Mori Aktiengesellschaft's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (176.461	+	229.3)	/	2 )	/	610.5	*	365 / 2
=	202.8805					/	610.5	*	365 / 2
=	60.65

DMG Mori Aktiengesellschaft Days Payable Related Terms

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DMG Mori Aktiengesellschaft (LTS:0OP0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DMG Mori Aktiengesellschaft (LTS:0OP0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GIL:Germany

Address

Gildemeisterstrasse 60, Bielefeld, DEU, D-33689

Website

https://www.dmgmori.com

DMG Mori Aktiengesellschaft is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, advanced technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The largest end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company.

DMG Mori Aktiengesellschaft (LTS:0OP0) Headlines

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