NORMA Group SE (CHIX:NOEJD) Days Payable : 116.92 (As of Sep. 2024)

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What is NORMA Group SE Days Payable?

NORMA Group SE's average Accounts Payable for the three months ended in Sep. 2024 was €146 Mil. NORMA Group SE's Cost of Goods Sold for the three months ended in Sep. 2024 was €114 Mil. Hence, NORMA Group SE's Days Payable for the three months ended in Sep. 2024 was 116.92.

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

CHIX:NOEJd' s Days Payable Range Over the Past 10 Years
Min: 73.8 Med: 93.28 Max: 107.83
Current: 107.83

During the past 13 years, NORMA Group SE's highest Days Payable was 107.83. The lowest was 73.80. And the median was 93.28.

CHIX:NOEJd's Days Payable is ranked better than
66.03% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs CHIX:NOEJd: 107.83

NORMA Group SE's Days Payable increased from Sep. 2023 (112.50) to Sep. 2024 (116.92). It may suggest that NORMA Group SE delayed paying its suppliers.

NORMA Group SE Days Payable Historical Data

The historical data trend for NORMA 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.

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NORMA Group SE Days Payable Chart

NORMA Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.93

100.11

98.80

95.86

98.36

NORMA Group SE 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															112.50	106.08	101.07	109.99	116.92

Competitive Comparison of NORMA Group SE's Days Payable

For the Metal Fabrication subindustry, NORMA 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.

NORMA Group SE's Days Payable Distribution in the Industrial Products Industry

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

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

NORMA 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.

NORMA Group 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
=	( (162.829	+	136.182)	/	2 )	/	554.801	*	365
=	149.5055					/	554.801	*	365
=	98.36

NORMA Group SE'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
=	( (158.317	+	133.365)	/	2 )	/	113.822	*	365 / 4
=	145.841					/	113.822	*	365 / 4
=	116.92

NORMA Group SE Days Payable Related Terms

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NORMA Group SE Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0P38:UK NOEJ:Germany

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are Quick Connectors, Hose Clamps, Retaining Clamps, and PIPE Couplings. The components and finished solutions are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. Its products include Carbon Steel, Stainless Steel, and Plastic/Rubber. It supplies single-component, multi-component, and complex systems to meet customer requirements. Its operating business is managed by the three regional segments EMEA, Americas, and Asia-Pacific.

NORMA Group SE Headlines

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