Deme Group NV (XBRU:DEME) Days Payable : 129.97 (As of Dec. 2023)

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What is Deme Group NV Days Payable?

Deme Group NV's average Accounts Payable for the six months ended in Dec. 2023 was €846 Mil. Deme Group NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,188 Mil. Hence, Deme Group NV's Days Payable for the six months ended in Dec. 2023 was 129.97.

The historical rank and industry rank for Deme Group NV's Days Payable or its related term are showing as below:

XBRU:DEME' s Days Payable Range Over the Past 10 Years
Min: 140.46 Med: 179.79 Max: 263.58
Current: 140.46

During the past 9 years, Deme Group NV's highest Days Payable was 263.58. The lowest was 140.46. And the median was 179.79.

XBRU:DEME's Days Payable is ranked better than
75.36% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs XBRU:DEME: 140.46

Deme Group NV's Days Payable declined from Dec. 2022 (170.53) to Dec. 2023 (129.97). It may suggest that Deme Group NV accelerated paying its suppliers.

Deme Group NV Days Payable Historical Data

The historical data trend for Deme Group NV'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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Deme Group NV Days Payable Chart

Deme Group NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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172.67

181.83

172.61

166.01

142.94

Deme Group NV Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							151.12	170.32	170.53	150.76	129.97

Competitive Comparison of Deme Group NV's Days Payable

For the Engineering & Construction subindustry, Deme Group NV'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.

Deme Group NV's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Deme Group NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Deme Group NV's Days Payable falls into.

Deme Group NV 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.

Deme Group NV'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
=	( (777.705	+	897.61)	/	2 )	/	2138.962	*	365
=	837.6575					/	2138.962	*	365
=	142.94

Deme Group NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (793.977	+	897.61)	/	2 )	/	1187.675	*	365 / 2
=	845.7935					/	1187.675	*	365 / 2
=	129.97

Deme Group NV Days Payable Related Terms

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Deme Group NV (XBRU:DEME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Deme Group NV (XBRU:DEME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MT0:Germany

Address

Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070

Website

https://www.deme-group.com

Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients.

Deme Group NV (XBRU:DEME) Headlines

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