Candela Invest (XBRU:CAND) Days Payable : 51.04 (As of Jun. 2023)

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What is Candela Invest Days Payable?

Candela Invest's average Accounts Payable for the six months ended in Jun. 2023 was €1.02 Mil. Candela Invest's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.63 Mil. Hence, Candela Invest's Days Payable for the six months ended in Jun. 2023 was 51.04.

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

XBRU:CAND' s Days Payable Range Over the Past 10 Years
Min: 0.97 Med: 46.03 Max: 70.61
Current: 55.79

During the past 9 years, Candela Invest's highest Days Payable was 70.61. The lowest was 0.97. And the median was 46.03.

XBRU:CAND's Days Payable is ranked worse than
56.87% of 466 companies
in the Asset Management industry
Industry Median: 69.215 vs XBRU:CAND: 55.79

Candela Invest's Days Payable increased from Jun. 2022 (42.53) to Jun. 2023 (51.04). It may suggest that Candela Invest delayed paying its suppliers.

Candela Invest Days Payable Historical Data

The historical data trend for Candela Invest'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.

* Premium members only.

Candela Invest Days Payable Chart

Candela Invest Annual Data

Trend

Jul10

Jul11

Jul12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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52.52

51.44

Candela Invest Semi-Annual Data
	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12	Jan13	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	54.25	42.53	64.38	51.04

Competitive Comparison of Candela Invest's Days Payable

For the Asset Management subindustry, Candela Invest'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.

Candela Invest's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Candela Invest's Days Payable distribution charts can be found below:

* The bar in red indicates where Candela Invest's Days Payable falls into.

Candela Invest 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.

Candela Invest'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
=	( (0.975	+	1.016)	/	2 )	/	7.064	*	365
=	0.9955					/	7.064	*	365
=	51.44

Candela Invest'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
=	( (1.016	+	0)	/	1 )	/	3.633	*	365 / 2
=	1.016					/	3.633	*	365 / 2
=	51.04

Candela Invest Days Payable Related Terms

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Candela Invest (XBRU:CAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Candela Invest SA (XBRU:CAND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070

Website

http://www.candelainvest.com

Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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