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Adtran Networks SE (WBO:ADV) Days Payable

: 59.02 (As of Jun. 2023)
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Adtran Networks SE's average Accounts Payable for the three months ended in Jun. 2023 was €71.5 Mil. Adtran Networks SE's Cost of Goods Sold for the three months ended in Jun. 2023 was €110.5 Mil. Hence, Adtran Networks SE's Days Payable for the three months ended in Jun. 2023 was 59.02.

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

WBO:ADV' s Days Payable Range Over the Past 10 Years
Min: 49.14   Med: 58.65   Max: 68.13
Current: 64.23

During the past 13 years, Adtran Networks SE's highest Days Payable was 68.13. The lowest was 49.14. And the median was 58.65.

WBO:ADV's Days Payable is ranked worse than
54.14% of 2418 companies
in the Hardware industry
Industry Median: 67.985 vs WBO:ADV: 64.23

Adtran Networks SE's Days Payable declined from Jun. 2022 (62.00) to Jun. 2023 (59.02). It may suggest that Adtran Networks SE accelerated paying its suppliers.


Adtran Networks SE Days Payable Historical Data

The historical data trend for Adtran Networks 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.

* Premium members only.

Adtran Networks SE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.35 68.13 58.23 60.42 66.20

Adtran Networks SE Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.00 71.64 68.80 63.89 59.02

Competitive Comparison

For the Communication Equipment subindustry, Adtran Networks 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.


Adtran Networks SE Days Payable Distribution

For the Hardware industry and Technology sector, Adtran Networks SE's Days Payable distribution charts can be found below:

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



Adtran Networks 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.

Adtran Networks 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
=( (83.223 + 88.713) / 2 ) / 473.987*365
=85.968 / 473.987*365
=66.20

Adtran Networks 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: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (81.422 + 61.496) / 2 ) / 110.484*365 / 4
=71.459 / 110.484*365 / 4
=59.02

* 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.


Adtran Networks SE Days Payable Related Terms

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Adtran Networks SE (WBO:ADV) Business Description

Traded in Other Exchanges
Address
Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152
Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.