Performance Technologies (ATH:PERF) Days Payable : 88.46 (As of Jun. 2024)

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What is Performance Technologies Days Payable?

Performance Technologies's average Accounts Payable for the six months ended in Jun. 2024 was €12.07 Mil. Performance Technologies's Cost of Goods Sold for the six months ended in Jun. 2024 was €24.89 Mil. Hence, Performance Technologies's Days Payable for the six months ended in Jun. 2024 was 88.46.

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

ATH:PERF' s Days Payable Range Over the Past 10 Years
Min: 78.17 Med: 90.59 Max: 98.37
Current: 78.17

During the past 7 years, Performance Technologies's highest Days Payable was 98.37. The lowest was 78.17. And the median was 90.59.

ATH:PERF's Days Payable is ranked better than
63.97% of 2523 companies
in the Software industry
Industry Median: 48.75 vs ATH:PERF: 78.17

Performance Technologies's Days Payable increased from Jun. 2023 (79.98) to Jun. 2024 (88.46). It may suggest that Performance Technologies delayed paying its suppliers.

Performance Technologies Days Payable Historical Data

The historical data trend for Performance Technologies'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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Performance Technologies Days Payable Chart

Performance Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

90.59

87.02

92.14

98.37

90.35

Performance Technologies Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					119.78	84.73	79.98	72.36	88.46

Competitive Comparison of Performance Technologies's Days Payable

For the Information Technology Services subindustry, Performance Technologies'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.

Performance Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Performance Technologies's Days Payable distribution charts can be found below:

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

Performance Technologies 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.

Performance Technologies'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
=	( (8.222	+	11.606)	/	2 )	/	40.049	*	365
=	9.914					/	40.049	*	365
=	90.35

Performance Technologies's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (11.606	+	12.526)	/	2 )	/	24.894	*	365 / 2
=	12.066					/	24.894	*	365 / 2
=	88.46

Performance Technologies Days Payable Related Terms

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Performance Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Performance Technologies SA (ATH:PERF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Evrimedontos Street, Ceramics, Athens, GRC, 10435

Website

http://www.performance.gr

Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.