Deutsche Boerse AG (XTER:DB1) Days Payable : 199.12 (As of Mar. 2024)

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What is Deutsche Boerse AG Days Payable?

Deutsche Boerse AG's average Accounts Payable for the three months ended in Mar. 2024 was €1,514 Mil. Deutsche Boerse AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €694 Mil. Hence, Deutsche Boerse AG's Days Payable for the three months ended in Mar. 2024 was 199.12.

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

XTER:DB1' s Days Payable Range Over the Past 10 Years
Min: 48.42 Med: 89.32 Max: 260.59
Current: 180.72

During the past 13 years, Deutsche Boerse AG's highest Days Payable was 260.59. The lowest was 48.42. And the median was 89.32.

XTER:DB1's Days Payable is ranked better than
58.67% of 525 companies
in the Capital Markets industry
Industry Median: 94.73 vs XTER:DB1: 180.72

Deutsche Boerse AG's Days Payable declined from Mar. 2023 (328.10) to Mar. 2024 (199.12). It may suggest that Deutsche Boerse AG accelerated paying its suppliers.

Deutsche Boerse AG Days Payable Historical Data

The historical data trend for Deutsche Boerse 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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Deutsche Boerse AG Days Payable Chart

Deutsche Boerse AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.17

67.38

94.38

224.58

260.59

Deutsche Boerse AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															328.10	73.46	91.22	182.45	199.12

Competitive Comparison of Deutsche Boerse AG's Days Payable

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse 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.

Deutsche Boerse AG's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Days Payable distribution charts can be found below:

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

Deutsche Boerse 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.

Deutsche Boerse 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
=	( (2039.8	+	1514.2)	/	2 )	/	2489	*	365
=	1777					/	2489	*	365
=	260.59

Deutsche Boerse AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1514.2	+	0)	/	1 )	/	693.9	*	365 / 4
=	1514.2					/	693.9	*	365 / 4
=	199.12

Deutsche Boerse AG Days Payable Related Terms

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Deutsche Boerse AG (XTER:DB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (XTER:DB1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DBOEY:USA DBOEF:USA DB1:Mexico DB1:Italy DB1d:UK 0H3T:UK DBO:Austria

Address

Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485

Website

https://www.deutsche-boerse.com

Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Executives

Heike Eckert	Board of Directors
Dr. Christoph Böhm	Board of Directors
Dr. Stephan Leithner	Board of Directors
Dr. Thomas Book	Board of Directors
Gregor Pottmeyer	Board of Directors
Dr. Theodor Weimer	Board of Directors

Deutsche Boerse AG (XTER:DB1) Headlines

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