Frequentis AG (WBO:FQT) Days Payable : 62.17 (As of Dec. 2023)

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What is Frequentis AG Days Payable?

Frequentis AG's average Accounts Payable for the six months ended in Dec. 2023 was €20.8 Mil. Frequentis AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €61.1 Mil. Hence, Frequentis AG's Days Payable for the six months ended in Dec. 2023 was 62.17.

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

WBO:FQT' s Days Payable Range Over the Past 10 Years
Min: 56.04 Med: 61.9 Max: 69.65
Current: 69.65

During the past 8 years, Frequentis AG's highest Days Payable was 69.65. The lowest was 56.04. And the median was 61.90.

WBO:FQT's Days Payable is ranked better than
51.76% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs WBO:FQT: 69.65

Frequentis AG's Days Payable increased from Dec. 2022 (54.48) to Dec. 2023 (62.17). It may suggest that Frequentis AG delayed paying its suppliers.

Frequentis AG Days Payable Historical Data

The historical data trend for Frequentis 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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Frequentis AG Days Payable Chart

Frequentis AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.63

62.17

61.02

56.04

63.54

Frequentis AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									58.32	77.28	54.48	88.79	62.17

Competitive Comparison of Frequentis AG's Days Payable

For the Communication Equipment subindustry, Frequentis 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.

Frequentis AG's Days Payable Distribution in the Hardware Industry

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

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

Frequentis 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.

Frequentis 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
=	( (16.258	+	18.937)	/	2 )	/	101.086	*	365
=	17.5975					/	101.086	*	365
=	63.54

Frequentis 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.676	+	18.937)	/	2 )	/	61.073	*	365 / 2
=	20.8065					/	61.073	*	365 / 2
=	62.17

Frequentis AG Days Payable Related Terms

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Frequentis AG (WBO:FQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequentis AG (WBO:FQT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FQT:Germany

Address

Innovationstrasse 1, Vienna, AUT, 1100

Website

https://www.frequentis.com

Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG (WBO:FQT) Headlines

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