STRABAG SE (LTS:0MKP) Days Payable : 94.38 (As of Jun. 2023)

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What is STRABAG SE Days Payable?

STRABAG SE's average Accounts Payable for the six months ended in Jun. 2023 was €2,576 Mil. STRABAG SE's Cost of Goods Sold for the six months ended in Jun. 2023 was €4,981 Mil. Hence, STRABAG SE's Days Payable for the six months ended in Jun. 2023 was 94.38.

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

LTS:0MKP' s Days Payable Range Over the Past 10 Years
Min: 74.44 Med: 100.17 Max: 114.86
Current: 84.66

During the past 13 years, STRABAG SE's highest Days Payable was 114.86. The lowest was 74.44. And the median was 100.17.

LTS:0MKP's Days Payable is ranked better than
56.02% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs LTS:0MKP: 84.66

STRABAG SE's Days Payable increased from Jun. 2022 (93.06) to Jun. 2023 (94.38). It may suggest that STRABAG SE delayed paying its suppliers.

STRABAG SE Days Payable Historical Data

The historical data trend for STRABAG 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.

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STRABAG SE Days Payable Chart

STRABAG SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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108.10

98.52

104.01

88.40

74.44

STRABAG SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															115.54	80.71	93.06	72.85	94.38

Competitive Comparison of STRABAG SE's Days Payable

For the Engineering & Construction subindustry, STRABAG 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.

STRABAG SE's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, STRABAG SE's Days Payable distribution charts can be found below:

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

STRABAG 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.

STRABAG SE'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
=	( (2150.67	+	2326.851)	/	2 )	/	10977.64	*	365
=	2238.7605					/	10977.64	*	365
=	74.44

STRABAG SE's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2326.851	+	2824.831)	/	2 )	/	4981.009	*	365 / 2
=	2575.841					/	4981.009	*	365 / 2
=	94.38

STRABAG SE Days Payable Related Terms

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STRABAG SE (LTS:0MKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » STRABAG SE (LTS:0MKP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STBBF:USA STRv:UK XD4:Germany STR:Austria

Address

Triglavstrabe 9, Villach, AUT, 9500

Website

https://www.strabag.com

STRABAG SE is a technology group for construction services. Its services contribute to multiple stages of the construction process, from planning to execution and demolition. The company coordinates people, materials, and machinery to complete construction projects in an efficient manner. Strabag has four operating segments: North and west; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. Some projects are granted through concessions from regional governments. The company generates revenue in Europe, with Germany and Austria being important regions for the company.

STRABAG SE (LTS:0MKP) Headlines

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