CANCOM SE (CHIX:COKD) Days Payable : 105.13 (As of Dec. 2023)

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What is CANCOM SE Days Payable?

CANCOM SE's average Accounts Payable for the three months ended in Dec. 2023 was €336 Mil. CANCOM SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €292 Mil. Hence, CANCOM SE's Days Payable for the three months ended in Dec. 2023 was 105.13.

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

CHIX:COKd' s Days Payable Range Over the Past 10 Years
Min: 58.18 Med: 96.56 Max: 158.92
Current: 120.81

During the past 13 years, CANCOM SE's highest Days Payable was 158.92. The lowest was 58.18. And the median was 96.56.

CHIX:COKd's Days Payable is ranked better than
73.77% of 2531 companies
in the Software industry
Industry Median: 50.36 vs CHIX:COKd: 120.81

CANCOM SE's Days Payable declined from Dec. 2022 (113.45) to Dec. 2023 (105.13). It may suggest that CANCOM SE accelerated paying its suppliers.

CANCOM SE Days Payable Historical Data

The historical data trend for CANCOM 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.

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CANCOM SE Days Payable Chart

CANCOM SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.13

158.92

144.55

134.93

130.35

CANCOM SE 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															113.45	136.04	131.00	109.78	105.13

Competitive Comparison of CANCOM SE's Days Payable

For the Information Technology Services subindustry, CANCOM 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.

CANCOM SE's Days Payable Distribution in the Software Industry

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

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

CANCOM 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.

CANCOM SE'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
=	( (326.002	+	356.555)	/	2 )	/	955.649	*	365
=	341.2785					/	955.649	*	365
=	130.35

CANCOM SE'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
=	( (315.445	+	356.555)	/	2 )	/	291.626	*	365 / 4
=	336					/	291.626	*	365 / 4
=	105.13

CANCOM SE Days Payable Related Terms

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CANCOM SE (CHIX:COKD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CANCOM SE (CHIX:COKd) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0O0F:UK COK:Germany COK:Austria

Address

Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636

Website

https://www.cancom.de

CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

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