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Q.Beyond AG (XTER:QBY) Days Payable : 27.43 (As of Dec. 2023)


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What is Q.Beyond AG Days Payable?

Q.Beyond AG's average Accounts Payable for the three months ended in Dec. 2023 was €16.6 Mil. Q.Beyond AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €55.2 Mil. Hence, Q.Beyond AG's Days Payable for the three months ended in Dec. 2023 was 27.43.

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

XTER:QBY' s Days Payable Range Over the Past 10 Years
Min: 28.72   Med: 36.04   Max: 51
Current: 36

During the past 13 years, Q.Beyond AG's highest Days Payable was 51.00. The lowest was 28.72. And the median was 36.04.

XTER:QBY's Days Payable is ranked worse than
60.82% of 2522 companies
in the Software industry
Industry Median: 50.7 vs XTER:QBY: 36.00

Q.Beyond AG's Days Payable declined from Dec. 2022 (35.38) to Dec. 2023 (27.43). It may suggest that Q.Beyond AG accelerated paying its suppliers.


Q.Beyond AG Days Payable Historical Data

The historical data trend for Q.Beyond 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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Q.Beyond AG Days Payable Chart

Q.Beyond 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 47.90 28.72 32.57 34.61 30.90

Q.Beyond AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 35.38 34.90 42.72 48.49 27.43

Competitive Comparison of Q.Beyond AG's Days Payable

For the Information Technology Services subindustry, Q.Beyond 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.


Q.Beyond AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Q.Beyond AG's Days Payable distribution charts can be found below:

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



Q.Beyond 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.

Q.Beyond 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
=( (16.146 + 13.058) / 2 ) / 172.472*365
=14.602 / 172.472*365
=30.90

Q.Beyond 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (20.113 + 13.058) / 2 ) / 55.184*365 / 4
=16.5855 / 55.184*365 / 4
=27.43

* 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.


Q.Beyond AG Days Payable Related Terms

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Q.Beyond AG (XTER:QBY) Business Description

Traded in Other Exchanges
Address
Richard-Byrd-Strasse 4, Cologne, DEU, 50829
Q.Beyond AG helps its customers find digital solutions for their business and then put them into practice. The company is into Cloud, SAP, and IoT. It focuses on a digital branch, tailored cloud, SAP S / 4HANA, and cyber security.
Executives
Thies Rixen Board of Directors

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