Landis+Gyr Group AG (STU:4LG) Days Payable : 56.42 (As of Sep. 2023)

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What is Landis+Gyr Group AG Days Payable?

Landis+Gyr Group AG's average Accounts Payable for the six months ended in Sep. 2023 was €196 Mil. Landis+Gyr Group AG's Cost of Goods Sold for the six months ended in Sep. 2023 was €634 Mil. Hence, Landis+Gyr Group AG's Days Payable for the six months ended in Sep. 2023 was 56.42.

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

STU:4LG' s Days Payable Range Over the Past 10 Years
Min: 44.97 Med: 55.93 Max: 63.48
Current: 52.39

During the past 9 years, Landis+Gyr Group AG's highest Days Payable was 63.48. The lowest was 44.97. And the median was 55.93.

STU:4LG's Days Payable is ranked worse than
67.54% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs STU:4LG: 52.39

Landis+Gyr Group AG's Days Payable increased from Sep. 2022 (54.97) to Sep. 2023 (56.42). It may suggest that Landis+Gyr Group AG delayed paying its suppliers.

Landis+Gyr Group AG Days Payable Historical Data

The historical data trend for Landis+Gyr Group 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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Landis+Gyr Group AG Days Payable Chart

Landis+Gyr Group AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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54.95

61.24

59.88

52.36

56.53

Landis+Gyr Group AG Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial												48.53	48.02	54.97	51.03	56.42

Competitive Comparison of Landis+Gyr Group AG's Days Payable

For the Electrical Equipment & Parts subindustry, Landis+Gyr Group 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.

Landis+Gyr Group AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Landis+Gyr Group AG's Days Payable falls into.

Landis+Gyr Group 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.

Landis+Gyr Group AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (148.297	+	200.644)	/	2 )	/	1126.562	*	365
=	174.4705					/	1126.562	*	365
=	56.53

Landis+Gyr Group AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (200.644	+	191.387)	/	2 )	/	633.99	*	365 / 2
=	196.0155					/	633.99	*	365 / 2
=	56.42

Landis+Gyr Group AG Days Payable Related Terms

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Landis+Gyr Group AG (STU:4LG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Landis+Gyr Group AG (STU:4LG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LDGYY:USA LANDz:UK LAND:Switzerland

Address

Alte Steinhauserstrasse 18, Cham, CHE, CH-6330

Website

https://www.landisgyr.com

Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.

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