Edenred SE (Edenred SE) Days Payable

: 496.27 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

Edenred SE's average Accounts Payable for the six months ended in Dec. 2023 was $1,512 Mil. Edenred SE's Cost of Goods Sold for the six months ended in Dec. 2023 was $556 Mil. Hence, Edenred SE's Days Payable for the six months ended in Dec. 2023 was 496.27.

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

EDNMY' s Days Payable Range Over the Past 10 Years
Min: 48.57 Med: 122.5 Max: 511.69
Current: 484.38

During the past 13 years, Edenred SE's highest Days Payable was 511.69. The lowest was 48.57. And the median was 122.50.

EDNMY's Days Payable is ranked better than
87.23% of 282 companies
in the Credit Services industry
Industry Median: 48.325 vs EDNMY: 484.38

Edenred SE's Days Payable increased from Dec. 2022 (467.77) to Dec. 2023 (496.27). It may suggest that Edenred SE delayed paying its suppliers.

Edenred SE Days Payable Historical Data

The historical data trend for Edenred SE'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.

Edenred SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

129.32

257.14

385.68

415.77

506.06

Edenred SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																382.21	458.13	467.77	435.48	496.27

Competitive Comparison

For the Credit Services subindustry, Edenred SE'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.

Edenred SE Days Payable Distribution

For the Credit Services industry and Financial Services sector, Edenred SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Edenred SE's Days Payable falls into.

Edenred SE 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.

Edenred SE'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
=	( (1094.28	+	1802.617)	/	2 )	/	1044.711	*	365
=	1448.4485					/	1044.711	*	365
=	506.06

Edenred SE'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
=	( (1222.102	+	1802.617)	/	2 )	/	556.161	*	365 / 2
=	1512.3595					/	556.161	*	365 / 2
=	496.27

Edenred SE Days Payable Related Terms

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

Edenred SE (Edenred SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Edenred SE (OTCPK:EDNMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EDNMF:USA EDENp:UK 0MUM:UK EDEN:France QSV:Germany

Address

14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.edenred.com

Edenred is a France-listed prepaid corporate services provider operating in more than 40 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems.