Gigaset AG (Gigaset AG) Days Payable : 185.33 (As of Jun. 2023)

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What is Gigaset AG Days Payable?

Gigaset AG's average Accounts Payable for the three months ended in Jun. 2023 was $60.7 Mil. Gigaset AG's Cost of Goods Sold for the three months ended in Jun. 2023 was $29.9 Mil. Hence, Gigaset AG's Days Payable for the three months ended in Jun. 2023 was 185.33.

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

ARQTF' s Days Payable Range Over the Past 10 Years
Min: 135.66 Med: 158.64 Max: 177.83
Current: 171.42

During the past 13 years, Gigaset AG's highest Days Payable was 177.83. The lowest was 135.66. And the median was 158.64.

ARQTF's Days Payable is ranked better than
87.82% of 2422 companies
in the Hardware industry
Industry Median: 67.83 vs ARQTF: 171.42

Gigaset AG's Days Payable increased from Jun. 2022 (165.49) to Jun. 2023 (185.33). It may suggest that Gigaset AG delayed paying its suppliers.

Gigaset AG Days Payable Historical Data

The historical data trend for Gigaset 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.

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Gigaset AG Days Payable Chart

Gigaset AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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149.62

153.19

166.31

184.65

171.46

Gigaset AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															165.49	161.64	157.97	183.38	185.33

Competitive Comparison of Gigaset AG's Days Payable

For the Communication Equipment subindustry, Gigaset 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.

Gigaset AG's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gigaset AG's Days Payable distribution charts can be found below:

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

Gigaset 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.

Gigaset AG'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
=	( (50.823	+	57.96)	/	2 )	/	115.786	*	365
=	54.3915					/	115.786	*	365
=	171.46

Gigaset AG'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: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (57.731	+	63.737)	/	2 )	/	29.903	*	365 / 4
=	60.734					/	29.903	*	365 / 4
=	185.33

Gigaset AG Days Payable Related Terms

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Gigaset AG (Gigaset AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigaset AG (GREY:ARQTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GGS:Germany

Address

Frankenstrasse 2, Bochalt, DEU, 46395

Website

https://www.gigaset.com/hq_en

Gigaset AG manufactures and sells telecommunication equipment. Its business segments include Phones, Professional, Smart homes, and Smartphones. Phones segment generates the majority of the revenue. Its geographic segments include Germany, the European Union, and the Rest of the world.

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