GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Flughafen Zuerich AG (XSWX:FHZN) » Definitions » Days Payable

Flughafen Zuerich AG (XSWX:FHZN) Days Payable

: 34.93 (As of Dec. 2023)
View and export this data going back to 2000. Start your Free Trial

Flughafen Zuerich AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF55 Mil. Flughafen Zuerich AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF286 Mil. Hence, Flughafen Zuerich AG's Days Payable for the six months ended in Dec. 2023 was 34.93.

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

XSWX:FHZN' s Days Payable Range Over the Past 10 Years
Min: 26.17   Med: 34.34   Max: 47.22
Current: 33.06

During the past 13 years, Flughafen Zuerich AG's highest Days Payable was 47.22. The lowest was 26.17. And the median was 34.34.

XSWX:FHZN's Days Payable is ranked worse than
57.75% of 935 companies
in the Transportation industry
Industry Median: 39.62 vs XSWX:FHZN: 33.06

Flughafen Zuerich AG's Days Payable increased from Dec. 2022 (32.46) to Dec. 2023 (34.93). It may suggest that Flughafen Zuerich AG delayed paying its suppliers.


Flughafen Zuerich AG Days Payable Historical Data

The historical data trend for Flughafen Zuerich 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.

Flughafen Zuerich AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.76 47.22 46.72 34.94 31.27

Flughafen Zuerich AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.45 38.00 32.46 32.97 34.93

Competitive Comparison

For the Airports & Air Services subindustry, Flughafen Zuerich 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.


Flughafen Zuerich AG Days Payable Distribution

For the Transportation industry and Industrials sector, Flughafen Zuerich AG's Days Payable distribution charts can be found below:

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



Flughafen Zuerich 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.

Flughafen Zuerich 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
=( (44.4 + 52.5) / 2 ) / 565.6*365
=48.45 / 565.6*365
=31.27

Flughafen Zuerich 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
=( (56.8 + 52.5) / 2 ) / 285.5*365 / 2
=54.65 / 285.5*365 / 2
=34.93

* 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.


Flughafen Zuerich AG Days Payable Related Terms

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


Flughafen Zuerich AG (XSWX:FHZN) Business Description

Traded in Other Exchanges
Address
Zurich-Flughafen, Postfach, Zurich, CHE, CH-8058
Flughafen Zuerich AG owns and operates Zurich Airport, and offers services to international, domestic, and regional flights. Its services provided for passengers encompass activities related to the departure, arrival, and transfer areas at the airport. Revenue is split between aviation (majority of total revenue) and nonaviation services. Aviation services primarily derive from passenger and landing charges. Nonaviation services refer to retail and parking charges, sales from facility management, and other services provided at the airport. Passengers traveling within Europe cover approximately three fourths of total passengers, with many tourist cities being popular destinations.

Flughafen Zuerich AG (XSWX:FHZN) Headlines

No Headlines