Paragon GmbH KGaA (STU:PGN) Days Payable : 101.06 (As of Mar. 2024)

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What is Paragon GmbH KGaA Days Payable?

Paragon GmbH KGaA's average Accounts Payable for the three months ended in Mar. 2024 was €24.7 Mil. Paragon GmbH KGaA's Cost of Goods Sold for the three months ended in Mar. 2024 was €22.3 Mil. Hence, Paragon GmbH KGaA's Days Payable for the three months ended in Mar. 2024 was 101.06.

The historical rank and industry rank for Paragon GmbH KGaA's Days Payable or its related term are showing as below:

STU:PGN' s Days Payable Range Over the Past 10 Years
Min: 48.17 Med: 101.86 Max: 143.67
Current: 101.87

During the past 13 years, Paragon GmbH KGaA's highest Days Payable was 143.67. The lowest was 48.17. And the median was 101.86.

STU:PGN's Days Payable is ranked better than
71.05% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.85 vs STU:PGN: 101.87

Paragon GmbH KGaA's Days Payable increased from Mar. 2023 (83.74) to Mar. 2024 (101.06). It may suggest that Paragon GmbH KGaA delayed paying its suppliers.

Paragon GmbH KGaA Days Payable Historical Data

The historical data trend for Paragon GmbH KGaA'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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Paragon GmbH KGaA Days Payable Chart

Paragon GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.72

143.67

85.16

79.24

100.99

Paragon GmbH KGaA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															83.74	95.41	117.14	96.12	101.06

Competitive Comparison of Paragon GmbH KGaA's Days Payable

For the Auto Parts subindustry, Paragon GmbH KGaA'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.

Paragon GmbH KGaA's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Paragon GmbH KGaA's Days Payable distribution charts can be found below:

* The bar in red indicates where Paragon GmbH KGaA's Days Payable falls into.

Paragon GmbH KGaA 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.

Paragon GmbH KGaA'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
=	( (24.95	+	24.374)	/	2 )	/	89.138	*	365
=	24.662					/	89.138	*	365
=	100.99

Paragon GmbH KGaA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (24.374	+	24.96)	/	2 )	/	22.273	*	365 / 4
=	24.667					/	22.273	*	365 / 4
=	101.06

Paragon GmbH KGaA Days Payable Related Terms

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Paragon GmbH KGaA (STU:PGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Paragon GmbH & Co KGaA (STU:PGN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PGN:Germany

Address

Bosendamm 11, Delbruck, DEU, 33129

Website

https://www.paragon.ag

Paragon GmbH & Co KGaA develops and manufactures electronic components and sensors for the automotive industry. The business activity of the firm is operated in two segments namely Electronics and Mechanics. The Electronics segment that derives the majority of revenue sells air-quality sensors, high-end acoustic systems, and display instruments. The Mechanics segment focuses on adjustable body components such as adaptively extendable spoilers. Geographically all the activity of the firm functions through Germany, however, it also holds a presence at the international level.

Paragon GmbH KGaA (STU:PGN) Headlines

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