Dr Hoenle AG (LTS:0O27) Days Payable : 64.61 (As of Jun. 2024)

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What is Dr Hoenle AG Days Payable?

Dr Hoenle AG's average Accounts Payable for the three months ended in Jun. 2024 was €6.44 Mil. Dr Hoenle AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €9.10 Mil. Hence, Dr Hoenle AG's Days Payable for the three months ended in Jun. 2024 was 64.61.

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

LTS:0O27' s Days Payable Range Over the Past 10 Years
Min: 51.43 Med: 60.4 Max: 78.57
Current: 63.58

During the past 13 years, Dr Hoenle AG's highest Days Payable was 78.57. The lowest was 51.43. And the median was 60.40.

LTS:0O27's Days Payable is ranked worse than
59% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs LTS:0O27: 63.58

Dr Hoenle AG's Days Payable increased from Jun. 2023 (28.53) to Jun. 2024 (64.61). It may suggest that Dr Hoenle AG delayed paying its suppliers.

Dr Hoenle AG Days Payable Historical Data

The historical data trend for Dr Hoenle 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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Dr Hoenle AG Days Payable Chart

Dr Hoenle AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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76.84

78.57

63.39

68.31

61.48

Dr Hoenle AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															28.53	60.29	67.49	64.38	64.61

Competitive Comparison of Dr Hoenle AG's Days Payable

For the Electrical Equipment & Parts subindustry, Dr Hoenle 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.

Dr Hoenle AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dr Hoenle AG's Days Payable distribution charts can be found below:

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

Dr Hoenle 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.

Dr Hoenle AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (10.295	+	7.558)	/	2 )	/	52.995	*	365
=	8.9265					/	52.995	*	365
=	61.48

Dr Hoenle 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: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (6.609	+	6.274)	/	2 )	/	9.098	*	365 / 4
=	6.4415					/	9.098	*	365 / 4
=	64.61

Dr Hoenle AG Days Payable Related Terms

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Dr Hoenle AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dr Hoenle AG (LTS:0O27) » Definitions » Days Payable

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Traded in Other Exchanges

HNL:Germany

Address

Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205

Website

https://www.hoenle.de

Dr Hoenle AG supplies industrial UV technology. It operates in three business segments: The Equipment and Systems segment, which accounts for the majority of revenue, includes devices for UVC air and surface disinfection, and it is used for drying inks and coatings, for curing adhesives and plastics, and for solar simulation. The Glass and Lamps segment includes the development, production, and sale of tubing and semi-finished goods made of quartz glass as well as the manufacture of UV medium?pressure and low-pressure lamps. Adhesives segment, which includes industrial adhesives designed for a broad spectrum of applications such as electronics, medical technology, optics, and glass processing. The company generates the majority of its revenue from sales in other countries.

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