Bitcoin Group SE (Bitcoin Group SE) Days Payable : 4.46 (As of Jun. 2023)

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What is Bitcoin Group SE Days Payable?

Bitcoin Group SE's average Accounts Payable for the six months ended in Jun. 2023 was $0.05 Mil. Bitcoin Group SE's Cost of Goods Sold for the six months ended in Jun. 2023 was $2.23 Mil. Hence, Bitcoin Group SE's Days Payable for the six months ended in Jun. 2023 was 4.46.

The historical rank and industry rank for Bitcoin Group SE's Days Payable or its related term are showing as below:

BTGGF' s Days Payable Range Over the Past 10 Years
Min: 5.62 Med: 39.08 Max: 82.99
Current: 5.62

During the past 13 years, Bitcoin Group SE's highest Days Payable was 82.99. The lowest was 5.62. And the median was 39.08.

BTGGF's Days Payable is ranked worse than
92.31% of 468 companies
in the Asset Management industry
Industry Median: 68.64 vs BTGGF: 5.62

Bitcoin Group SE's Days Payable declined from Jun. 2022 (12.35) to Jun. 2023 (4.46). It may suggest that Bitcoin Group SE accelerated paying its suppliers.

Bitcoin Group SE Days Payable Historical Data

The historical data trend for Bitcoin Group SE'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.

Bitcoin Group SE Days Payable Chart

Bitcoin Group SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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78.46

83.32

60.85

14.75

8.97

Bitcoin Group SE 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															11.64	20.94	12.35	6.38	4.46

Competitive Comparison of Bitcoin Group SE's Days Payable

For the Asset Management subindustry, Bitcoin Group SE'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.

Bitcoin Group SE's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bitcoin Group SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Bitcoin Group SE's Days Payable falls into.

Bitcoin Group SE 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.

Bitcoin Group SE'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
=	( (0.149	+	0.066)	/	2 )	/	4.372	*	365
=	0.1075					/	4.372	*	365
=	8.97

Bitcoin Group SE'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
=	( (0.066	+	0.043)	/	2 )	/	2.231	*	365 / 2
=	0.0545					/	2.231	*	365 / 2
=	4.46

Bitcoin Group SE Days Payable Related Terms

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Bitcoin Group SE (Bitcoin Group SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bitcoin Group SE (OTCPK:BTGGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1ADE:Italy ADE:Germany

Address

Europe Square 2, Berlin, DEU, 10557

Website

http://www.bitcoin-group.de

Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies.