gategroup Holding AG (gategroup Holding AG) Days Payable

: 25.21 (As of Dec. 2019)

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gategroup Holding AG's average Accounts Payable for the six months ended in Dec. 2019 was $271.02 Mil. gategroup Holding AG's Cost of Goods Sold for the six months ended in Dec. 2019 was $3,923.37 Mil. Hence, gategroup Holding AG's Days Payable for the six months ended in Dec. 2019 was 12.61.

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

GGRUY' s Days Payable Range Over the Past 10 Years
Min: 23.16 Med: 27.09 Max: 73.34
Current: 25.21

During the past 12 years, gategroup Holding AG's highest Days Payable was 73.34. The lowest was 23.16. And the median was 27.09.

GGRUY's Days Payable is not ranked
in the Transportation industry.
Industry Median: 39.565 vs GGRUY: 25.21

gategroup Holding AG's Days Payable increased from Dec. 2017 (23.58) to Dec. 2019 (25.21). It may suggest that gategroup Holding AG delayed paying its suppliers.

gategroup Holding AG Days Payable Historical Data

The historical data trend for gategroup Holding 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.

gategroup Holding AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

26.60

23.16

23.58

27.58

25.21

gategroup Holding AG Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Days Payable								26.60	23.16	23.58	27.58	25.21

Competitive Comparison

For the Airports & Air Services subindustry, gategroup Holding 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.

gategroup Holding AG Days Payable Distribution

For the Transportation industry and Industrials sector, gategroup Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where gategroup Holding AG's Days Payable falls into.

gategroup Holding 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.

gategroup Holding AG's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (278.455	+	263.586)	/	2 )	/	3923.367	*	365
=	271.0205					/	3923.367	*	365
=	25.21

gategroup Holding AG's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (278.455	+	263.586)	/	2 )	/	3923.367	*	365 / 2
=	271.0205					/	3923.367	*	365 / 2
=	12.61

gategroup Holding AG Days Payable Related Terms

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gategroup Holding AG (gategroup Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » gategroup Holding AG (OTCPK:GGRUY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sagereistrasse 20, Glattbrugg, CHE, CH-8152

Website

http://www.gategroup.com

gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.

gategroup Holding AG (gategroup Holding AG) Headlines

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