EUROKAI GmbH KGaA (FRA:EUK3) Days Payable : 74.68 (As of Dec. 2023)

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What is EUROKAI GmbH KGaA Days Payable?

EUROKAI GmbH KGaA's average Accounts Payable for the six months ended in Dec. 2023 was €35.2 Mil. EUROKAI GmbH KGaA's Cost of Goods Sold for the six months ended in Dec. 2023 was €86.0 Mil. Hence, EUROKAI GmbH KGaA's Days Payable for the six months ended in Dec. 2023 was 74.68.

The historical rank and industry rank for EUROKAI GmbH KGaA's Days Payable or its related term are showing as below:

FRA:EUK3' s Days Payable Range Over the Past 10 Years
Min: 55.51 Med: 65 Max: 78.15
Current: 75.03

During the past 13 years, EUROKAI GmbH KGaA's highest Days Payable was 78.15. The lowest was 55.51. And the median was 65.00.

FRA:EUK3's Days Payable is ranked better than
77.01% of 931 companies
in the Transportation industry
Industry Median: 39.3 vs FRA:EUK3: 75.03

EUROKAI GmbH KGaA's Days Payable declined from Dec. 2022 (76.12) to Dec. 2023 (74.68). It may suggest that EUROKAI GmbH KGaA accelerated paying its suppliers.

EUROKAI GmbH KGaA Days Payable Historical Data

The historical data trend for EUROKAI GmbH KGaA'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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EUROKAI GmbH KGaA Days Payable Chart

EUROKAI GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.35

78.15

68.91

72.82

74.73

EUROKAI GmbH KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															65.81	70.14	76.12	75.66	74.68

Competitive Comparison of EUROKAI GmbH KGaA's Days Payable

For the Marine Shipping subindustry, EUROKAI GmbH KGaA'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.

EUROKAI GmbH KGaA's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EUROKAI GmbH KGaA's Days Payable distribution charts can be found below:

* The bar in red indicates where EUROKAI GmbH KGaA's Days Payable falls into.

EUROKAI GmbH KGaA 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.

EUROKAI GmbH KGaA'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
=	( (36.49	+	34.46)	/	2 )	/	173.264	*	365
=	35.475					/	173.264	*	365
=	74.73

EUROKAI GmbH KGaA'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (35.893	+	34.46)	/	2 )	/	85.966	*	365 / 2
=	35.1765					/	85.966	*	365 / 2
=	74.68

EUROKAI GmbH KGaA Days Payable Related Terms

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EUROKAI GmbH KGaA (FRA:EUK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EUROKAI GmbH & Co KGaA (FRA:EUK3) » Definitions » Days Payable

Traded in Other Exchanges

EUK3:Germany EUK3:Germany EUK2:Germany

Address

Kurt-Eckelmann-Strasse 1, Hamburg, DEU, 21129

Website

https://www.eurokai.de

EUROKAI GmbH & Co KGaA is a container handling company, which focuses on the European market. It offers container handling services, such as loading and discharging of container vessels, ship clearance, safety, and customer services; container-depot and repair services, including containers management and handling, intermediate storage, repair, servicing, box cleaning, and 24-hour refrigeration, as well as buys and sells new and used containers. The company operates in three segments: Eurokai, Contship, and Eurogate. It operates container terminals at the seaports of La Spezia, Ravenna and Salerno in Italy; Bremerhaven and Wilhelmshaven in Germany; Tangier in Morocco; Limassol in Cyprus; Lisbon in Portugal; and Ust-Luga in Russia.

Executives

Christian Kleinfeldt

Supervisory Board

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