Daimler Truck Holding AG (Daimler Truck Holding AG) Days Payable : 41.80 (As of Dec. 2023)

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What is Daimler Truck Holding AG Days Payable?

Daimler Truck Holding AG's average Accounts Payable for the three months ended in Dec. 2023 was $5,931 Mil. Daimler Truck Holding AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $12,947 Mil. Hence, Daimler Truck Holding AG's Days Payable for the three months ended in Dec. 2023 was 41.80.

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

DTRUY' s Days Payable Range Over the Past 10 Years
Min: 33.54 Med: 40.6 Max: 45.41
Current: 45.41

During the past 6 years, Daimler Truck Holding AG's highest Days Payable was 45.41. The lowest was 33.54. And the median was 40.60.

DTRUY's Days Payable is ranked worse than
79.51% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs DTRUY: 45.41

Daimler Truck Holding AG's Days Payable increased from Dec. 2022 (39.56) to Dec. 2023 (41.80). It may suggest that Daimler Truck Holding AG delayed paying its suppliers.

Daimler Truck Holding AG Days Payable Historical Data

The historical data trend for Daimler Truck 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.

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Daimler Truck Holding AG Days Payable Chart

Daimler Truck Holding AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.98

34.88

42.85

43.82

42.44

Daimler Truck Holding AG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											39.56	47.68	46.37	47.86	41.80

Competitive Comparison of Daimler Truck Holding AG's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Daimler Truck 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.

Daimler Truck Holding AG's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Daimler Truck Holding AG's Days Payable distribution charts can be found below:

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

Daimler Truck 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.

Daimler Truck Holding AG'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
=	( (5632.415	+	5516.903)	/	2 )	/	47947.655	*	365
=	5574.659					/	47947.655	*	365
=	42.44

Daimler Truck Holding AG'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
=	( (6344.717	+	5516.903)	/	2 )	/	12946.564	*	365 / 4
=	5930.81					/	12946.564	*	365 / 4
=	41.80

Daimler Truck Holding AG Days Payable Related Terms

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Daimler Truck Holding AG (Daimler Truck Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Daimler Truck Holding AG (OTCPK:DTRUY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DTGHF:USA DTG:Romania DTGd:UK DTG:Germany DTG:Austria

Address

Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.daimlertruck.com

Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

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