Groupe Open (LTS:0O1T) Days Payable : 30.19 (As of Jun. 2021)

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What is Groupe Open Days Payable?

Groupe Open's average Accounts Payable for the six months ended in Jun. 2021 was €17.6 Mil. Groupe Open's Cost of Goods Sold for the six months ended in Jun. 2021 was €106.4 Mil. Hence, Groupe Open's Days Payable for the six months ended in Jun. 2021 was 30.19.

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

LTS:0O1T's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 49.15
* Ranked among companies with meaningful Days Payable only.

Groupe Open's Days Payable declined from Jun. 2020 (38.45) to Jun. 2021 (30.19). It may suggest that Groupe Open accelerated paying its suppliers.

Groupe Open Days Payable Historical Data

The historical data trend for Groupe Open'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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Groupe Open Days Payable Chart

Groupe Open Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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27.17

28.60

40.99

37.87

31.85

Groupe Open Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Payable	Get a 7-Day Free Trial															31.36	50.42	38.45	28.37	30.19

Competitive Comparison of Groupe Open's Days Payable

For the Information Technology Services subindustry, Groupe Open'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.

Groupe Open's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Groupe Open's Days Payable distribution charts can be found below:

* The bar in red indicates where Groupe Open's Days Payable falls into.

Groupe Open 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.

Groupe Open's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (15.3	+	17.6)	/	2 )	/	188.5	*	365
=	16.45					/	188.5	*	365
=	31.85

Groupe Open's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (17.6	+	17.6)	/	2 )	/	106.4	*	365 / 2
=	17.6					/	106.4	*	365 / 2
=	30.19

Groupe Open Days Payable Related Terms

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Groupe Open Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Groupe Open SA (LTS:0O1T) » Definitions » Days Payable

Comparable Companies

TSE:4371 MIGI TSE:3657 IBEX TSXV:QUIS TSE:4674 SHSE:688500 TSE:3676 HKSE:03680 XCNQ:PKK

Traded in Other Exchanges

N/A

Address

97 Boulevard, Paris, FRA, 75017

Website

http://www.groupe-open.com

Groupe Open SA is engaged in digital and industrial transformation business in France, Belgium, the Netherlands, Luxembourg, and China. The company offers IT and digital consultancy services; project management assistance; project design and conception services; application design and development services for management systems, Websites, mobile projects; application portfolio management services; software integrating solutions; and project testing and acceptance services.

Groupe Open Headlines

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