PRO DV AG (XTER:PDA) Days Payable : 59.08 (As of Dec. 2023)

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What is PRO DV AG Days Payable?

PRO DV AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.54 Mil. PRO DV AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.31 Mil. Hence, PRO DV AG's Days Payable for the six months ended in Dec. 2023 was 29.54.

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

XTER:PDA' s Days Payable Range Over the Past 10 Years
Min: 17.05 Med: 38.18 Max: 129.89
Current: 59.08

During the past 13 years, PRO DV AG's highest Days Payable was 129.89. The lowest was 17.05. And the median was 38.18.

XTER:PDA's Days Payable is ranked better than
54.45% of 2538 companies
in the Software industry
Industry Median: 50.19 vs XTER:PDA: 59.08

PRO DV AG's Days Payable increased from Dec. 2021 (39.34) to Dec. 2023 (59.08). It may suggest that PRO DV AG delayed paying its suppliers.

PRO DV AG Days Payable Historical Data

The historical data trend for PRO DV 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.

* Premium members only.

PRO DV AG Days Payable Chart

PRO DV AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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129.89

63.40

39.34

29.00

59.08

PRO DV AG Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial									129.89	63.40	39.34	29.00	59.08

Competitive Comparison of PRO DV AG's Days Payable

For the Information Technology Services subindustry, PRO DV 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.

PRO DV AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, PRO DV AG's Days Payable distribution charts can be found below:

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

PRO DV 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.

PRO DV AG'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
=	( (0.21	+	0.86)	/	2 )	/	3.305	*	365
=	0.535					/	3.305	*	365
=	59.08

PRO DV AG'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.21	+	0.86)	/	2 )	/	3.305	*	365 / 2
=	0.535					/	3.305	*	365 / 2
=	29.54

PRO DV AG Days Payable Related Terms

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PRO DV AG (XTER:PDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PRO DV AG (XTER:PDA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PDA:Germany PDA:Germany PDA:Germany

Address

Hauert 6, Dortmund, DEU, 44227

Website

http://www.prodv.de

PRO DV AG engages in the provision of information technology business solutions. It offers project support services in the transport and logistics, telecommunications, energy supply, and public administration sectors. The firm specializes in the analysis and optimization of business processes with focus on business analysis, architecture consulting, project management, and security management.

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