GEA Group AG (CHIX:G1AD) Days Payable : 74.06 (As of Sep. 2024)

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What is GEA Group AG Days Payable?

GEA Group AG's average Accounts Payable for the three months ended in Sep. 2024 was €698 Mil. GEA Group AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €860 Mil. Hence, GEA Group AG's Days Payable for the three months ended in Sep. 2024 was 74.06.

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

CHIX:G1Ad' s Days Payable Range Over the Past 10 Years
Min: 75.54 Med: 96.42 Max: 151.38
Current: 75.54

During the past 13 years, GEA Group AG's highest Days Payable was 151.38. The lowest was 75.54. And the median was 96.42.

CHIX:G1Ad's Days Payable is ranked worse than
50.19% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs CHIX:G1Ad: 75.54

GEA Group AG's Days Payable declined from Sep. 2023 (78.68) to Sep. 2024 (74.06). It may suggest that GEA Group AG accelerated paying its suppliers.

GEA Group AG Days Payable Historical Data

The historical data trend for GEA Group 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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GEA Group AG Days Payable Chart

GEA Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.88

79.87

80.73

80.29

80.20

GEA Group AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															78.68	72.29	81.94	74.51	74.06

Competitive Comparison of GEA Group AG's Days Payable

For the Specialty Industrial Machinery subindustry, GEA Group 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.

GEA Group AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEA Group AG's Days Payable distribution charts can be found below:

* The bar in red indicates where GEA Group AG's Days Payable falls into.

GEA Group 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.

GEA Group 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
=	( (791.777	+	769.036)	/	2 )	/	3551.818	*	365
=	780.4065					/	3551.818	*	365
=	80.20

GEA Group AG's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (698.087	+	697.47)	/	2 )	/	859.77	*	365 / 4
=	697.7785					/	859.77	*	365 / 4
=	74.06

GEA Group AG Days Payable Related Terms

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GEA Group AG Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GEAGF:USA 1G:Italy 0MPJ:UK G1A:Germany G1A:Germany G1A:Germany G1A:Germany G1A:Austria

Address

Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468

Website

https://www.gea.com

GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.

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