General de Alquiler de Maquinaria (LTS:0RTJ) Days Payable : 179.12 (As of Jun. 2023)

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What is General de Alquiler de Maquinaria Days Payable?

General de Alquiler de Maquinaria's average Accounts Payable for the six months ended in Jun. 2023 was €47.8 Mil. General de Alquiler de Maquinaria's Cost of Goods Sold for the six months ended in Jun. 2023 was €48.7 Mil. Hence, General de Alquiler de Maquinaria's Days Payable for the six months ended in Jun. 2023 was 179.12.

The historical rank and industry rank for General de Alquiler de Maquinaria's Days Payable or its related term are showing as below:

LTS:0RTJ' s Days Payable Range Over the Past 10 Years
Min: 143.35 Med: 291.21 Max: 478.7
Current: 191.59

During the past 13 years, General de Alquiler de Maquinaria's highest Days Payable was 478.70. The lowest was 143.35. And the median was 291.21.

LTS:0RTJ's Days Payable is ranked better than
87.62% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs LTS:0RTJ: 191.59

General de Alquiler de Maquinaria's Days Payable increased from Jun. 2022 (176.08) to Jun. 2023 (179.12). It may suggest that General de Alquiler de Maquinaria delayed paying its suppliers.

General de Alquiler de Maquinaria Days Payable Historical Data

The historical data trend for General de Alquiler de Maquinaria'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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General de Alquiler de Maquinaria Days Payable Chart

General de Alquiler de Maquinaria Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

257.63

212.89

187.35

162.87

143.35

General de Alquiler de Maquinaria Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															158.65	176.32	176.08	172.72	179.12

Competitive Comparison of General de Alquiler de Maquinaria's Days Payable

For the Rental & Leasing Services subindustry, General de Alquiler de Maquinaria'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.

General de Alquiler de Maquinaria's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, General de Alquiler de Maquinaria's Days Payable distribution charts can be found below:

* The bar in red indicates where General de Alquiler de Maquinaria's Days Payable falls into.

General de Alquiler de Maquinaria 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.

General de Alquiler de Maquinaria's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (31.417	+	31.912)	/	2 )	/	80.622	*	365
=	31.6645					/	80.622	*	365
=	143.35

General de Alquiler de Maquinaria's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (31.912	+	63.764)	/	2 )	/	48.742	*	365 / 2
=	47.838					/	48.742	*	365 / 2
=	179.12

General de Alquiler de Maquinaria Days Payable Related Terms

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General de Alquiler de Maquinaria (LTS:0RTJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » General de Alquiler de Maquinaria SA (LTS:0RTJ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GAM:Spain 4LX:Germany

Address

Carretera Nacional II/INTA s/n, San Fernando de Henares, Madrid, ESP

Website

http://www.gamalquiler.es

General de Alquiler de Maquinaria SA is a machinery rental company. The company's rental fleet includes compactors, compressors, dumpers, electric machinery, platforms, cranes, scaffolds and transport vehicles, as well as auxiliary equipment and machinery used in the infrastructure, agricultural, port, construction, industrial and energy sectors. In addition, the company is involved in the sale of second-hand equipment.

General de Alquiler de Maquinaria (LTS:0RTJ) Headlines

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