Asseco South Eastern Europe (WAR:ASE) Days Payable : 48.52 (As of Mar. 2024)

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What is Asseco South Eastern Europe Days Payable?

Asseco South Eastern Europe's average Accounts Payable for the three months ended in Mar. 2024 was zł144 Mil. Asseco South Eastern Europe's Cost of Goods Sold for the three months ended in Mar. 2024 was zł271 Mil. Hence, Asseco South Eastern Europe's Days Payable for the three months ended in Mar. 2024 was 48.52.

The historical rank and industry rank for Asseco South Eastern Europe's Days Payable or its related term are showing as below:

WAR:ASE' s Days Payable Range Over the Past 10 Years
Min: 33.28 Med: 52.23 Max: 59.83
Current: 37.04

During the past 13 years, Asseco South Eastern Europe's highest Days Payable was 59.83. The lowest was 33.28. And the median was 52.23.

WAR:ASE's Days Payable is ranked worse than
59.77% of 2538 companies
in the Software industry
Industry Median: 50.19 vs WAR:ASE: 37.04

Asseco South Eastern Europe's Days Payable increased from Mar. 2023 (37.40) to Mar. 2024 (48.52). It may suggest that Asseco South Eastern Europe delayed paying its suppliers.

Asseco South Eastern Europe Days Payable Historical Data

The historical data trend for Asseco South Eastern Europe'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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Asseco South Eastern Europe Days Payable Chart

Asseco South Eastern Europe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.53

52.93

44.28

33.28

50.29

Asseco South Eastern Europe 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															37.40	31.66	34.59	42.20	48.52

Competitive Comparison of Asseco South Eastern Europe's Days Payable

For the Software - Application subindustry, Asseco South Eastern Europe'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.

Asseco South Eastern Europe's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Asseco South Eastern Europe's Days Payable distribution charts can be found below:

* The bar in red indicates where Asseco South Eastern Europe's Days Payable falls into.

Asseco South Eastern Europe 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.

Asseco South Eastern Europe'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
=	( (123.98	+	212.298)	/	2 )	/	1220.32	*	365
=	168.139					/	1220.32	*	365
=	50.29

Asseco South Eastern Europe'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
=	( (212.298	+	75.949)	/	2 )	/	271.067	*	365 / 4
=	144.1235					/	271.067	*	365 / 4
=	48.52

Asseco South Eastern Europe Days Payable Related Terms

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Asseco South Eastern Europe (WAR:ASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco South Eastern Europe SA (WAR:ASE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Branickiego 13, Warszawa, POL, 02-972

Website

http://www.asseco.com

Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.

Asseco South Eastern Europe (WAR:ASE) Headlines

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