Secunet Security Networks AG (LTS:0NWC) Days Payable : 44.32 (As of Jun. 2024)

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What is Secunet Security Networks AG Days Payable?

Secunet Security Networks AG's average Accounts Payable for the six months ended in Jun. 2024 was €28.1 Mil. Secunet Security Networks AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €115.6 Mil. Hence, Secunet Security Networks AG's Days Payable for the six months ended in Jun. 2024 was 44.32.

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

LTS:0NWC' s Days Payable Range Over the Past 10 Years
Min: 37.73 Med: 51.17 Max: 78.05
Current: 38.04

During the past 13 years, Secunet Security Networks AG's highest Days Payable was 78.05. The lowest was 37.73. And the median was 51.17.

LTS:0NWC's Days Payable is ranked worse than
58.82% of 2535 companies
in the Software industry
Industry Median: 50.17 vs LTS:0NWC: 38.04

Secunet Security Networks AG's Days Payable declined from Jun. 2023 (51.60) to Jun. 2024 (44.32). It may suggest that Secunet Security Networks AG accelerated paying its suppliers.

Secunet Security Networks AG Days Payable Historical Data

The historical data trend for Secunet Security Networks 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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Secunet Security Networks AG Days Payable Chart

Secunet Security Networks AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.04

47.65

37.73

42.21

40.84

Secunet Security Networks AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															49.12	38.88	51.60	34.83	44.32

Competitive Comparison of Secunet Security Networks AG's Days Payable

For the Software - Infrastructure subindustry, Secunet Security Networks 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.

Secunet Security Networks AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Secunet Security Networks AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Secunet Security Networks AG's Days Payable falls into.

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Secunet Security Networks 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.

Secunet Security Networks 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
=	( (36.186	+	32.355)	/	2 )	/	306.314	*	365
=	34.2705					/	306.314	*	365
=	40.84

Secunet Security Networks AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (32.355	+	23.799)	/	2 )	/	115.627	*	365 / 2
=	28.077					/	115.627	*	365 / 2
=	44.32

Secunet Security Networks AG Days Payable Related Terms

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Secunet Security Networks AG Business Description

Industry

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YSN:Germany

Address

Kurfuerstenstrasse 58, Essen, NW, DEU, 45138

Website

http://www.secunet.com

Secunet Security Networks AG is an IT and telecommunications security provider. It offers public-sector clients and private-sector companies a comprehensive portfolio of products and consulting services for the protection of data, infrastructures, and digital identities as well as for information transmission, storage, and processing. Its services include consulting on IT security, software development, development, integration, operations, maintenance, and support of products. The company operates through two divisions, Public Sector, and Business Sector. The company generates maximum revenue from Public Sector.

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