PIERER Mobility AG (FRA:PKTM) Days Payable : 135.07 (As of Dec. 2023)

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What is PIERER Mobility AG Days Payable?

PIERER Mobility AG's average Accounts Payable for the six months ended in Dec. 2023 was €704 Mil. PIERER Mobility AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €951 Mil. Hence, PIERER Mobility AG's Days Payable for the six months ended in Dec. 2023 was 135.07.

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

FRA:PKTM' s Days Payable Range Over the Past 10 Years
Min: 24.24 Med: 75.76 Max: 522.62
Current: 133.29

During the past 13 years, PIERER Mobility AG's highest Days Payable was 522.62. The lowest was 24.24. And the median was 75.76.

FRA:PKTM's Days Payable is ranked better than
81.55% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs FRA:PKTM: 133.29

PIERER Mobility AG's Days Payable increased from Dec. 2022 (133.23) to Dec. 2023 (135.07). It may suggest that PIERER Mobility AG delayed paying its suppliers.

PIERER Mobility AG Days Payable Historical Data

The historical data trend for PIERER Mobility 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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PIERER Mobility AG Days Payable Chart

PIERER Mobility AG Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.21

79.84

81.68

118.45

130.57

PIERER Mobility AG Semi-Annual Data
	Mar14	Sep14	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															104.82	106.03	133.23	130.58	135.07

Competitive Comparison of PIERER Mobility AG's Days Payable

For the Auto Manufacturers subindustry, PIERER Mobility 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.

PIERER Mobility AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PIERER Mobility AG's Days Payable distribution charts can be found below:

* The bar in red indicates where PIERER Mobility AG's Days Payable falls into.

PIERER Mobility 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.

PIERER Mobility 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
=	( (737.602	+	676.978)	/	2 )	/	1977.117	*	365
=	707.29					/	1977.117	*	365
=	130.57

PIERER Mobility AG'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
=	( (730.769	+	676.978)	/	2 )	/	951.012	*	365 / 2
=	703.8735					/	951.012	*	365 / 2
=	135.07

PIERER Mobility AG Days Payable Related Terms

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PIERER Mobility AG (FRA:PKTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PIERER Mobility AG (FRA:PKTM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PKTMz:UK PKTM:Switzerland PKTM:Austria

Address

Edisonstrasse 1, Wels, AUT, 4600

Website

https://www.pierermobility.com

PIERER Mobility AG is a global automotive niche player that includes worldwide renowned brands KTM, Husqvarna Motorcycles, and WP. Its KTM Industries group is divided into core areas like high-performance components, PTW Vehicles, and PTW vehicles concept development. It operates in three segments: Motorcycles, which generate the majority of the revenue; E-bicycles; and Others. The company's geographical segments include Europe, North America & Mexico, and Others.

PIERER Mobility AG (FRA:PKTM) Headlines

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