GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Schweiter Technologies AG (XSWX:SWTQ) » Definitions » Days Payable

Schweiter Technologies AG (XSWX:SWTQ) Days Payable : 35.66 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Schweiter Technologies AG Days Payable?

Schweiter Technologies AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF69 Mil. Schweiter Technologies AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF353 Mil. Hence, Schweiter Technologies AG's Days Payable for the six months ended in Dec. 2023 was 35.66.

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

XSWX:SWTQ' s Days Payable Range Over the Past 10 Years
Min: 30.96   Med: 35.54   Max: 41.06
Current: 37.54

During the past 13 years, Schweiter Technologies AG's highest Days Payable was 41.06. The lowest was 30.96. And the median was 35.54.

XSWX:SWTQ's Days Payable is ranked worse than
82.42% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs XSWX:SWTQ: 37.54

Schweiter Technologies AG's Days Payable increased from Dec. 2022 (34.53) to Dec. 2023 (35.66). It may suggest that Schweiter Technologies AG delayed paying its suppliers.


Schweiter Technologies AG Days Payable Historical Data

The historical data trend for Schweiter Technologies 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.

Schweiter Technologies AG Days Payable Chart

Schweiter Technologies 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 32.52 30.96 33.36 34.51 34.46

Schweiter Technologies 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 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 37.19 42.10 34.53 43.02 35.66

Competitive Comparison of Schweiter Technologies AG's Days Payable

For the Building Products & Equipment subindustry, Schweiter Technologies 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.


Schweiter Technologies AG's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Schweiter Technologies AG's Days Payable distribution charts can be found below:

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



Schweiter Technologies 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.

Schweiter Technologies 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
=( (65.7 + 58.9) / 2 ) / 659.8*365
=62.3 / 659.8*365
=34.46

Schweiter Technologies 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
=( (79 + 58.9) / 2 ) / 352.9*365 / 2
=68.95 / 352.9*365 / 2
=35.66

* 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.


Schweiter Technologies AG Days Payable Related Terms

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


Schweiter Technologies AG (XSWX:SWTQ) Business Description

Traded in Other Exchanges
Address
Hinterbergstrasse 20, Steinhausen, CHE, 6312
Schweiter Technologies AG is a company that specializes in developing, manufacturing and distributing machinery and composite materials. The company's key segment, 3A Composites, manufactures various materials in lightweight construction, which are applied in architecture, displays, transportation, and other sectors. Schweiter has a global presence, but the majority of its revenue comes from the Europe segment.

Schweiter Technologies AG (XSWX:SWTQ) Headlines

No Headlines