Leoni AG (WBO:LEO) Days Payable

: 26.18 (As of Dec. 2022)

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Leoni AG's average Accounts Payable for the three months ended in Dec. 2022 was €711 Mil. Leoni AG's Cost of Goods Sold for the three months ended in Dec. 2022 was €2,479 Mil. Hence, Leoni AG's Days Payable for the three months ended in Dec. 2022 was 26.18.

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

WBO:LEO's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 75.91
* Ranked among companies with meaningful Days Payable only.

Leoni AG's Days Payable declined from Dec. 2021 (36.97) to Dec. 2022 (26.18). It may suggest that Leoni AG accelerated paying its suppliers.

Leoni AG Days Payable Historical Data

The historical data trend for Leoni 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.

Leoni AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

79.48

70.02

77.34

65.20

56.08

Leoni AG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Payable																36.97	63.54	78.23	60.46	26.18

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Leoni 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.

Leoni AG Days Payable Distribution

For the Industrial Products industry and Industrials sector, Leoni AG's Days Payable distribution charts can be found below:

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

Leoni 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.

Leoni 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
=	( (739.919	+	820.812)	/	2 )	/	5078.979	*	365
=	780.3655					/	5078.979	*	365
=	56.08

Leoni AG's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (601.681	+	820.812)	/	2 )	/	2479.156	*	365 / 4
=	711.2465					/	2479.156	*	365 / 4
=	26.18

Leoni AG Days Payable Related Terms

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Leoni AG (WBO:LEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leoni AG (WBO:LEO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marienstrasse 7, Nuremberg, DEU, D-90402

Website

https://www.leoni.com

Leoni AG is a manufacturer of wiring systems used in the automotive, healthcare, communications, and infrastructure industries. The company operates two business segments: wiring systems and wire & cable solutions, which offer entire wiring systems and harnesses, as well as various copper, hybrid, and optical cables and fibers. Its customers include carmakers, automotive suppliers, commercial vehicle manufacturers, the agricultural and special vehicles industry, and makers of power sports vehicles. Leoni generates the largest share of its revenue in Europe, with a focus on Germany and Eastern Europe. The company also has end markets in the Americas and Asia.

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