CGift AG (HAM:T7RA) Days Payable : 27,346.92 (As of Dec. 2019)

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What is CGift AG Days Payable?

CGift AG's average Accounts Payable for the six months ended in Dec. 2019 was €0.97 Mil. CGift AG's Cost of Goods Sold for the six months ended in Dec. 2019 was €0.01 Mil. Hence, CGift AG's Days Payable for the six months ended in Dec. 2019 was 13,673.46.

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

HAM:T7RA's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 69.215
* Ranked among companies with meaningful Days Payable only.

CGift AG's Days Payable increased from Dec. 2017 (0.00) to Dec. 2019 (27,346.92). It may suggest that CGift AG delayed paying its suppliers.

CGift AG Days Payable Historical Data

The historical data trend for CGift 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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CGift AG Days Payable Chart

CGift AG Annual Data

Trend

Dec17

Dec18

Dec19

Days Payable

16,590.91

27,346.92

CGift AG Semi-Annual Data
	Dec17	Dec18	Dec19
Days Payable	-	16,590.91	27,346.92

Competitive Comparison of CGift AG's Days Payable

For the Asset Management subindustry, CGift 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.

CGift AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CGift AG's Days Payable distribution charts can be found below:

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

CGift 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.

CGift AG's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.998	+	0.95)	/	2 )	/	0.013	*	365
=	0.974					/	0.013	*	365
=	27,346.92

CGift AG's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (0.998	+	0.95)	/	2 )	/	0.013	*	365 / 2
=	0.974					/	0.013	*	365 / 2
=	13,673.46

CGift AG Days Payable Related Terms

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CGift AG (HAM:T7RA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CGift AG (HAM:T7RA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schopenstehl 22, Hamburg, DEU, 20095

Website

http://www.tyros.ag

CGift AG, formerly Tyros AG is a Germany based financial services provider. It invests in companies consists of blockchain business. It is engaged in provision and operation of an App and web-based platform for managing and redeeming crypto gift cards.

CGift AG (HAM:T7RA) Headlines

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