Stroeer SE KGaA (Stroeer SE KGaA) Days Payable : 42.95 (As of Dec. 2023)

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What is Stroeer SE KGaA Days Payable?

Stroeer SE KGaA's average Accounts Payable for the three months ended in Dec. 2023 was $165 Mil. Stroeer SE KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was $352 Mil. Hence, Stroeer SE KGaA's Days Payable for the three months ended in Dec. 2023 was 42.95.

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

SOTDF' s Days Payable Range Over the Past 10 Years
Min: 39.75 Med: 65.51 Max: 89.98
Current: 53.59

During the past 13 years, Stroeer SE KGaA's highest Days Payable was 89.98. The lowest was 39.75. And the median was 65.51.

SOTDF's Days Payable is ranked worse than
63.43% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs SOTDF: 53.59

Stroeer SE KGaA's Days Payable declined from Dec. 2022 (50.46) to Dec. 2023 (42.95). It may suggest that Stroeer SE KGaA accelerated paying its suppliers.

Stroeer SE KGaA Days Payable Historical Data

The historical data trend for Stroeer SE KGaA'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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Stroeer SE KGaA Days Payable Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.03

86.26

90.84

65.94

39.16

Stroeer SE KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.46	58.86	66.19	62.22	42.95

Competitive Comparison of Stroeer SE KGaA's Days Payable

For the Advertising Agencies subindustry, Stroeer SE KGaA'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.

Stroeer SE KGaA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stroeer SE KGaA's Days Payable distribution charts can be found below:

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

Stroeer SE KGaA 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.

Stroeer SE KGaA'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
=	( (132.796	+	128.713)	/	2 )	/	1218.724	*	365
=	130.7545					/	1218.724	*	365
=	39.16

Stroeer SE KGaA'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (202.197	+	128.713)	/	2 )	/	351.552	*	365 / 4
=	165.455					/	351.552	*	365 / 4
=	42.95

Stroeer SE KGaA Days Payable Related Terms

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Stroeer SE KGaA (Stroeer SE KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (OTCPK:SOTDF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SOTDY:USA 0MYZ:UK SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.