GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grammer AG (WBO:GMM) » Definitions » Days Payable

Grammer AG (WBO:GMM) Days Payable : 70.79 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Grammer AG Days Payable?

Grammer AG's average Accounts Payable for the three months ended in Dec. 2023 was €395 Mil. Grammer AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €509 Mil. Hence, Grammer AG's Days Payable for the three months ended in Dec. 2023 was 70.79.

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

WBO:GMM' s Days Payable Range Over the Past 10 Years
Min: 49.99   Med: 55.37   Max: 68.29
Current: 62

During the past 13 years, Grammer AG's highest Days Payable was 68.29. The lowest was 49.99. And the median was 55.37.

WBO:GMM's Days Payable is ranked worse than
52.82% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs WBO:GMM: 62.00

Grammer AG's Days Payable increased from Dec. 2022 (51.46) to Dec. 2023 (70.79). It may suggest that Grammer AG delayed paying its suppliers.

Grammer AG Days Payable Historical Data

The historical data trend for Grammer 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.

* Premium members only.

Grammer AG Days Payable Chart

Grammer AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.39 64.45 54.93 52.01 62.85

Grammer AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial 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 51.46 54.61 57.52 64.69 70.79

Competitive Comparison of Grammer AG's Days Payable

For the Auto Parts subindustry, Grammer 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.

Grammer AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Days Payable distribution charts can be found below:

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


Grammer 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.

Grammer 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
=( (306.087 + 404.051) / 2 ) / 2062.076*365
=355.069 / 2062.076*365
=62.85

Grammer 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
=( (386.453 + 404.051) / 2 ) / 509.455*365 / 4
=395.252 / 509.455*365 / 4
=70.79

* 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.

Grammer AG Days Payable Related Terms

Thank you for viewing the detailed overview of Grammer AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Grammer AG (WBO:GMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grammer AG (WBO:GMM) » Definitions » Days Payable
Comparable Companies
XTER:PWO XTER:H9W XTER:DEX XTER:IS7 XTER:PGN XTER:ED4 XTER:ZIL2 XTER:BDT XTER:JST TSE:7315 TSE:6902 TSE:5108 XPAR:ML MBLY APTV XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ
Traded in Other Exchanges
GMM:Germany
Address
Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Website
https://www.grammer.com
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.