Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Days Payable : 82.36 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Hellenic Exchanges - Athens Stock Exchange Days Payable?

Hellenic Exchanges - Athens Stock Exchange's average Accounts Payable for the three months ended in Dec. 2023 was $3.80 Mil. Hellenic Exchanges - Athens Stock Exchange's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.21 Mil. Hence, Hellenic Exchanges - Athens Stock Exchange's Days Payable for the three months ended in Dec. 2023 was 82.36.

The historical rank and industry rank for Hellenic Exchanges - Athens Stock Exchange's Days Payable or its related term are showing as below:

HEXEY' s Days Payable Range Over the Past 10 Years
Min: 68.59 Med: 108.67 Max: 129.73
Current: 68.59

During the past 13 years, Hellenic Exchanges - Athens Stock Exchange's highest Days Payable was 129.73. The lowest was 68.59. And the median was 108.67.

HEXEY's Days Payable is ranked worse than
56.65% of 526 companies
in the Capital Markets industry
Industry Median: 103.35 vs HEXEY: 68.59

Hellenic Exchanges - Athens Stock Exchange's Days Payable increased from Dec. 2022 (61.62) to Dec. 2023 (82.36). It may suggest that Hellenic Exchanges - Athens Stock Exchange delayed paying its suppliers.

Hellenic Exchanges - Athens Stock Exchange Days Payable Historical Data

The historical data trend for Hellenic Exchanges - Athens Stock Exchange'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.

Hellenic Exchanges - Athens Stock Exchange Days Payable Chart

Hellenic Exchanges - Athens Stock Exchange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

110.51

106.40

120.12

85.34

93.38

Hellenic Exchanges - Athens Stock Exchange Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															61.62	68.50	52.06	47.80	82.36

Competitive Comparison of Hellenic Exchanges - Athens Stock Exchange's Days Payable

For the Financial Data & Stock Exchanges subindustry, Hellenic Exchanges - Athens Stock Exchange'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.

Hellenic Exchanges - Athens Stock Exchange's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hellenic Exchanges - Athens Stock Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where Hellenic Exchanges - Athens Stock Exchange's Days Payable falls into.

Hellenic Exchanges - Athens Stock Exchange 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.

Hellenic Exchanges - Athens Stock Exchange'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
=	( (3.107	+	5.83)	/	2 )	/	17.466	*	365
=	4.4685					/	17.466	*	365
=	93.38

Hellenic Exchanges - Athens Stock Exchange'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.775	+	5.83)	/	2 )	/	4.213	*	365 / 4
=	3.8025					/	4.213	*	365 / 4
=	82.36

Hellenic Exchanges - Athens Stock Exchange Days Payable Related Terms

Thank you for viewing the detailed overview of Hellenic Exchanges - Athens Stock Exchange's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hellenic Exchanges - Athens Stock Exchange SA (OTCPK:HEXEY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HEHSF:USA EXAE:Greece HEE:Germany

Address

110 Athinon Avenue, Athens, GRC, 10442

Website

http://www.helex.gr

Hellenic Exchanges - Athens Stock Exchange SA or Athex Group consists of the Athens Stock Exchange as the parent company, and the Athens Exchange Clearing House and the Hellenic Central Securities Depository SA as its subsidiaries. The Athens Stock Exchange is the only stock exchange in Greece. The parent company and its subsidiaries operate the organized cash and derivatives markets, provide comprehensive informational technology solutions to the Greek capital market, and promote the development of capital markets in Greece. The group's revenue derives from its operational functions including listing, trading, clearing and settling, as well as depository services.

Hellenic Exchanges - Athens Stock Exchange (Hellenic Exchanges - Athens Stock Exchange) Headlines

From GuruFocus

Q2 2021 Hellenic Exchanges Athens Stock Exchange SA Earnings Call Transcript

By GuruFocus Research • 03-04-2024

Q3 2021 Hellenic Exchanges Athens Stock Exchange SA Earnings Call Transcript

By GuruFocus Research • 03-04-2024