MS Industrie AG (XTER:MSAG) Days Payable : 79.33 (As of Jun. 2023)

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What is MS Industrie AG Days Payable?

MS Industrie AG's average Accounts Payable for the six months ended in Jun. 2023 was €28.0 Mil. MS Industrie AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €64.5 Mil. Hence, MS Industrie AG's Days Payable for the six months ended in Jun. 2023 was 79.33.

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

XTER:MSAG' s Days Payable Range Over the Past 10 Years
Min: 32.06 Med: 42.04 Max: 73.19
Current: 73.19

During the past 13 years, MS Industrie AG's highest Days Payable was 73.19. The lowest was 32.06. And the median was 42.04.

XTER:MSAG's Days Payable is ranked better than
55.91% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs XTER:MSAG: 73.19

MS Industrie AG's Days Payable increased from Jun. 2022 (63.84) to Jun. 2023 (79.33). It may suggest that MS Industrie AG delayed paying its suppliers.

MS Industrie AG Days Payable Historical Data

The historical data trend for MS Industrie 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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MS Industrie AG Days Payable Chart

MS Industrie AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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35.82

41.42

48.86

49.45

59.70

MS Industrie AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															50.12	47.77	63.84	66.62	79.33

Competitive Comparison of MS Industrie AG's Days Payable

For the Auto Parts subindustry, MS Industrie 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.

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

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

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

MS Industrie 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.

MS Industrie 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
=	( (11.849	+	25.742)	/	2 )	/	114.908	*	365
=	18.7955					/	114.908	*	365
=	59.70

MS Industrie AG's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (25.742	+	30.342)	/	2 )	/	64.515	*	365 / 2
=	28.042					/	64.515	*	365 / 2
=	79.33

MS Industrie AG Days Payable Related Terms

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MS Industrie AG (XTER:MSAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MS Industrie AG (XTER:MSAG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MSAG:Germany

Address

Brienner Street 7, Munich, DEU, 80333

Website

http://www.ms-industrie.ag

MS Industrie AG is a business consulting and investment holding company. Its segments include Powertrain technology, Ultrasonic technology, Services, and others. The company focuses its investment in automotive and motor engineering (Diesel and electrical engines), and welding engineering sectors (mechanical engineering and packaging systems).

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