Gurktaler AG (WBO:GAGV) Days Payable : 4.30 (As of Sep. 2023)

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What is Gurktaler AG Days Payable?

Gurktaler AG's average Accounts Payable for the six months ended in Sep. 2023 was €0.03 Mil. Gurktaler AG's Cost of Goods Sold for the six months ended in Sep. 2023 was €1.17 Mil. Hence, Gurktaler AG's Days Payable for the six months ended in Sep. 2023 was 4.30.

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

WBO:GAGV' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 9.69
Current: 9.69

During the past 12 years, Gurktaler AG's highest Days Payable was 9.69. The lowest was 0.00. And the median was 0.00.

WBO:GAGV's Days Payable is ranked worse than
99.02% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.83 vs WBO:GAGV: 9.69

Gurktaler AG's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (4.30). It may suggest that Gurktaler AG delayed paying its suppliers.

Gurktaler AG Days Payable Historical Data

The historical data trend for Gurktaler 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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Gurktaler AG Days Payable Chart

Gurktaler AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Gurktaler AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	4.30

Competitive Comparison of Gurktaler AG's Days Payable

For the Beverages - Brewers subindustry, Gurktaler 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.

Gurktaler AG's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Gurktaler AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Gurktaler AG's Days Payable falls into.

Gurktaler 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.

Gurktaler AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.018	+	0.019)	/	2 )	/	0	*	365
=	0.0185					/	0	*	365
=	N/A

Gurktaler AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.019	+	0.036)	/	2 )	/	1.168	*	365 / 2
=	0.0275					/	1.168	*	365 / 2
=	4.30

Gurktaler AG Days Payable Related Terms

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Gurktaler AG (WBO:GAGV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Gurktaler AG (WBO:GAGV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAGS:Austria

Address

Gurktaler Aktiengesellschaft Road, Heiligenstadter 43, Vienna, AUT, 1190

Website

http://www.gruppe.gurktaler.at

Gurktaler AG operates in the beverage industry. It is engaged in the production of herbal liqueurs. The company has structured its operations into the following business divisions - Leasing and operation of herbal spirits companies and Investments in the herbal liquor companies.

Gurktaler AG (WBO:GAGV) Headlines

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