MANZF (Manz AG) Days Payable: 233.93 (As of Sep. 2024)


MANZF Manz AG MANZF
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What is Manz AG Days Payable?

Manz AG MANZF 10 Days Payable is 233.93 as of Sep. 2024. GuruFocus rates MANZF with a GF Score™ of 10/100.

Manz AG's average Accounts Payable for the three months ended in Sep. 2024 was $49.8 Mil. Manz AG's Cost of Goods Sold for the three months ended in Sep. 2024 was $19.4 Mil. Hence, Manz AG's Days Payable for the three months ended in Sep. 2024 was 233.93.

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

MANZF's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Manz AG's Days Payable increased from Sep. 2023 (205.67) to Sep. 2024 (233.93). It may suggest that Manz AG delayed paying its suppliers.


Manz AG Days Payable Historical Data

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The historical data trend for Manz 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.

Manz AG Days Payable Chart

Manz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.81 144.64 176.33 181.25 152.75

Manz AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 205.67 155.56 137.59 139.66 233.93

MANZF vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Manz 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.


Manz AG Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Manz AG's Days Payable distribution charts can be found below:

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


MANZF
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Manz AG MANZF
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Manz 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.

Manz 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
=( (68.014 + 47.99) / 2 ) / 138.6*365
=58.002 / 138.6*365
=152.75

Manz AG's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (50.742 + 48.87) / 2 ) / 19.428*365 / 4
=49.806 / 19.428*365 / 4
=233.93

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 233.93 mean?
Manz AG (MANZF) has a Days Payable of 233.93 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manz AG and its competitors.
Is Manz AG's Days Payable too high?
Manz AG's current Days Payable is 233.93. The Semiconductors industry median Days Payable is 53.06. Manz AG's value of 233.93 is 340.9% above this industry median. Overall, Manz AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manz AG's Days Payable compare to AMAT and LRCX?
Manz AG's Days Payable of 233.93 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Manz AG's value of 233.93 is 340.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manz AG's current Days Payable of 233.93 is 340.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manz AG and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manz AG's current Days Payable is 233.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manz AG stock overvalued right now?
Manz AG (MANZF) has a current Days Payable of 233.93. The current Days Payable is 233.93 and 340.9% above the Semiconductors industry median of 53.06. Manz AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Manz AG (MANZF), the current Days Payable is 233.93 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manz AG Business Description

Address Steigaeckerstrasse 5, Reutlingen, BW, DEU, 72768
Manz AG is a high-tech equipment manufacturer. The company develops expertise in technology in fields including automation, vacuum coating, metrology, laser processing, wet chemistry, printing and coating, and roll-to-roll. It consists of an Electronic Business, Solar Business, Contract manufacturing, Service & Energy Storage Business. The majority of the revenue is derived from the sale of displays for liquid crystal displays & organic light-emitting diodes flat screens, touch sensors, production systems for printed circuit boards, chip carriers & also smartphones, tablet computers, notebooks & other consumer electronics. It has two segments Mobility and battery solutions & Industry solutions, key revenue is generated from Industry solutions.
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