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Euronext NV (FRA:ENXB) Days Payable : 87.42 (As of Dec. 2023)


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What is Euronext NV Days Payable?

Euronext NV's average Accounts Payable for the three months ended in Dec. 2023 was €248 Mil. Euronext NV's Cost of Goods Sold for the three months ended in Dec. 2023 was €259 Mil. Hence, Euronext NV's Days Payable for the three months ended in Dec. 2023 was 87.42.

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

FRA:ENXB' s Days Payable Range Over the Past 10 Years
Min: 6.38   Med: 28.42   Max: 303.56
Current: 303.56

During the past 13 years, Euronext NV's highest Days Payable was 303.56. The lowest was 6.38. And the median was 28.42.

FRA:ENXB's Days Payable is ranked better than
65.84% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs FRA:ENXB: 303.56

Euronext NV's Days Payable declined from Dec. 2022 (156.96) to Dec. 2023 (87.42). It may suggest that Euronext NV accelerated paying its suppliers.


Euronext NV Days Payable Historical Data

The historical data trend for Euronext NV'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.

Euronext NV Days Payable Chart

Euronext NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.38 50.40 147.66 181.20 153.34

Euronext NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 156.96 264.40 636.42 - 87.42

Competitive Comparison of Euronext NV's Days Payable

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.


Euronext NV's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Euronext NV's Days Payable falls into.



Euronext NV 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.

Euronext NV'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
=( (162.482 + 149.416) / 2 ) / 371.21*365
=155.949 / 371.21*365
=153.34

Euronext NV'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
=( (346.1 + 149.416) / 2 ) / 258.61*365 / 4
=247.758 / 258.61*365 / 4
=87.42

* 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.


Euronext NV Days Payable Related Terms

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Euronext NV (FRA:ENXB) Business Description

Traded in Other Exchanges
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.

Euronext NV (FRA:ENXB) Headlines

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