VBG Group AB (FRA:KU4) Days Payable : 31.56 (As of Mar. 2024)

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What is VBG Group AB Days Payable?

VBG Group AB's average Accounts Payable for the three months ended in Mar. 2024 was €31.3 Mil. VBG Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €90.4 Mil. Hence, VBG Group AB's Days Payable for the three months ended in Mar. 2024 was 31.56.

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

FRA:KU4' s Days Payable Range Over the Past 10 Years
Min: 19.94 Med: 30.77 Max: 39.18
Current: 34.35

During the past 13 years, VBG Group AB's highest Days Payable was 39.18. The lowest was 19.94. And the median was 30.77.

FRA:KU4's Days Payable is ranked worse than
81.73% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs FRA:KU4: 34.35

VBG Group AB's Days Payable declined from Mar. 2023 (31.80) to Mar. 2024 (31.56). It may suggest that VBG Group AB accelerated paying its suppliers.

VBG Group AB Days Payable Historical Data

The historical data trend for VBG Group AB'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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VBG Group AB Days Payable Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.01

31.75

29.30

31.89

30.17

VBG Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															31.80	35.67	37.86	33.38	31.56

Competitive Comparison of VBG Group AB's Days Payable

For the Auto Parts subindustry, VBG Group AB'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.

VBG Group AB's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VBG Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where VBG Group AB's Days Payable falls into.

VBG Group AB 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.

VBG Group AB'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
=	( (29.406	+	28.829)	/	2 )	/	352.29	*	365
=	29.1175					/	352.29	*	365
=	30.17

VBG Group AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (28.829	+	33.694)	/	2 )	/	90.398	*	365 / 4
=	31.2615					/	90.398	*	365 / 4
=	31.56

VBG Group AB Days Payable Related Terms

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VBG Group AB (FRA:KU4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (FRA:KU4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VBG B:Sweden

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (FRA:KU4) Headlines

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