Cube ITG (WAR:CTG) Days Payable : 0.00 (As of Mar. 2019)

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What is Cube ITG Days Payable?

Cube ITG's average Accounts Payable for the three months ended in Mar. 2019 was zł70.76 Mil. Cube ITG's Cost of Goods Sold for the three months ended in Mar. 2019 was zł0.00 Mil.

The historical rank and industry rank for Cube ITG's Days Payable or its related term are showing as below:

WAR:CTG's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.16
* Ranked among companies with meaningful Days Payable only.

Cube ITG's Days Payable declined from Mar. 2018 (1,488.69) to Mar. 2019 (0.00). It may suggest that Cube ITG accelerated paying its suppliers.

Cube ITG Days Payable Historical Data

The historical data trend for Cube ITG'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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Cube ITG Days Payable Chart

Cube ITG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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183.30

206.56

380.94

534.99

1,939.99

Cube ITG Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Payable	Get a 7-Day Free Trial															1,488.69	1,737.48	2,300.48	2,633.98	-

Competitive Comparison of Cube ITG's Days Payable

For the Software - Application subindustry, Cube ITG'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.

Cube ITG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Cube ITG's Days Payable distribution charts can be found below:

* The bar in red indicates where Cube ITG's Days Payable falls into.

Cube ITG 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.

Cube ITG's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (61.174	+	70.469)	/	2 )	/	12.384	*	365
=	65.8215					/	12.384	*	365
=	1,939.99

Cube ITG's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

	Days Payable (Q: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (70.469	+	71.05)	/	2 )	/	0	*	365 / 4
=	70.7595					/	0	*	365 / 4
=	N/A

Cube ITG Days Payable Related Terms

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Cube ITG (WAR:CTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cube ITG SA (WAR:CTG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Wolowska 6, Wroclaw, POL, 51-116

Website

http://www.microtech.com.pl

Cube ITG SA offers products and services in the areas of automation, IT and professional electronics. The company also provides comprehensive automation of industrial & municipal heat & power generating plants, data transmission and computerized master control systems.