transtec AG (FRA:TTC) Days Payable : 84.47 (As of Jun. 2016)

View and export this data going back to 2004. Start your Free Trial

What is transtec AG Days Payable?

transtec AG's average Accounts Payable for the six months ended in Jun. 2016 was €6.71 Mil. transtec AG's Cost of Goods Sold for the six months ended in Jun. 2016 was €14.49 Mil. Hence, transtec AG's Days Payable for the six months ended in Jun. 2016 was 84.47.

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

FRA:TTC's Days Payable is not ranked ^*
in the Hardware industry.
Industry Median: 68.07
* Ranked among companies with meaningful Days Payable only.

transtec AG's Days Payable increased from Jun. 2015 (55.44) to Jun. 2016 (84.47). It may suggest that transtec AG delayed paying its suppliers.

transtec AG Days Payable Historical Data

The historical data trend for transtec 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.

* Premium members only.

transtec AG Days Payable Chart

transtec AG Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Payable

Get a 7-Day Free Trial

38.80

40.50

43.58

47.93

75.44

transtec AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Days Payable	Get a 7-Day Free Trial														38.32	37.69	55.44	60.66	84.47

Competitive Comparison of transtec AG's Days Payable

For the Computer Hardware subindustry, transtec 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.

transtec AG's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, transtec AG's Days Payable distribution charts can be found below:

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

transtec 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.

transtec AG's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

	Days Payable (A: Dec. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2014 )	+	Accounts Payable (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (4.779	+	10.233)	/	2 )	/	36.316	*	365
=	7.506					/	36.316	*	365
=	75.44

transtec AG's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

	Days Payable (Q: Jun. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2015 )	+	Accounts Payable (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (10.233	+	3.178)	/	2 )	/	14.487	*	365 / 2
=	6.7055					/	14.487	*	365 / 2
=	84.47

transtec AG Days Payable Related Terms

Thank you for viewing the detailed overview of transtec AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

transtec AG (FRA:TTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » transtec AG (FRA:TTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waldhoernlestr 18, Tuebingen, DEU, D-72072

Website

http://www.transtec.de

transtec AG is engaged in the development, production, and distribution of data processing systems in Europe. The Company provides servers, systems, storage products, and cluster and SAN-solutions.