GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bulgarian Stock Exchange AD (XBUL:BSE) » Definitions » Days Payable

Bulgarian Stock Exchange AD (XBUL:BSE) Days Payable : 6,120.28 (As of Sep. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Bulgarian Stock Exchange AD Days Payable?

Bulgarian Stock Exchange AD's average Accounts Payable for the three months ended in Sep. 2023 was лв69.82 Mil. Bulgarian Stock Exchange AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв1.04 Mil. Hence, Bulgarian Stock Exchange AD's Days Payable for the three months ended in Sep. 2023 was 6,120.28.

The historical rank and industry rank for Bulgarian Stock Exchange AD's Days Payable or its related term are showing as below:

XBUL:BSE' s Days Payable Range Over the Past 10 Years
Min: 59.06   Med: 1168.3   Max: 16990.29
Current: 11123.42

During the past 13 years, Bulgarian Stock Exchange AD's highest Days Payable was 16990.29. The lowest was 59.06. And the median was 1168.30.

XBUL:BSE's Days Payable is ranked better than
96.57% of 525 companies
in the Capital Markets industry
Industry Median: 102.67 vs XBUL:BSE: 11123.42

Bulgarian Stock Exchange AD's Days Payable declined from Sep. 2022 (25,624.31) to Sep. 2023 (6,120.28). It may suggest that Bulgarian Stock Exchange AD accelerated paying its suppliers.

Bulgarian Stock Exchange AD Days Payable Historical Data

The historical data trend for Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD Days Payable Chart

Bulgarian Stock Exchange AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,246.34 3,193.64 7,028.06 16,990.29 16,808.26

Bulgarian Stock Exchange AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25,624.31 27,509.45 7,763.40 5,910.82 6,120.28

Competitive Comparison of Bulgarian Stock Exchange AD's Days Payable

For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Bulgarian Stock Exchange AD's Days Payable falls into.


Bulgarian Stock Exchange AD 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.

Bulgarian Stock Exchange AD'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
=( (171.834 + 105.295) / 2 ) / 3.009*365
=138.5645 / 3.009*365
=16,808.26

Bulgarian Stock Exchange AD'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: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (64.758 + 74.885) / 2 ) / 1.041*365 / 4
=69.8215 / 1.041*365 / 4
=6,120.28

* 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.

Bulgarian Stock Exchange AD Days Payable Related Terms

Thank you for viewing the detailed overview of Bulgarian Stock Exchange AD's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Bulgarian Stock Exchange AD (XBUL:BSE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bulgarian Stock Exchange AD (XBUL:BSE) » Definitions » Days Payable
Comparable Companies
BOM:524828 BOM:532878 BOM:532989 BOM:532384 BOM:532305 BOM:531633 BOM:524606 BOM:539938 BOM:506128 BOM:506197 SPGI CME ICE MCO LSE:LSEG HKSE:00388 MSCI SZSE:300059 XTER:DB1 NDAQ
Traded in Other Exchanges
N/A
Address
10 Tri ushi Street, Sofia, BGR, 1301
Website
http://www.bse-sofia.bg
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.