Innovative Solutions Ecosystem (STU:GPPB) Days Payable : 255.71 (As of Jun. 2023)

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What is Innovative Solutions Ecosystem Days Payable?

Innovative Solutions Ecosystem's average Accounts Payable for the six months ended in Jun. 2023 was €3.98 Mil. Innovative Solutions Ecosystem's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.84 Mil. Hence, Innovative Solutions Ecosystem's Days Payable for the six months ended in Jun. 2023 was 255.71.

The historical rank and industry rank for Innovative Solutions Ecosystem's Days Payable or its related term are showing as below:

STU:GPPB' s Days Payable Range Over the Past 10 Years
Min: 118.18 Med: 183.58 Max: 1966.83
Current: 161.41

During the past 13 years, Innovative Solutions Ecosystem's highest Days Payable was 1966.83. The lowest was 118.18. And the median was 183.58.

STU:GPPB's Days Payable is not ranked
in the Business Services industry.
Industry Median: 47.08 vs STU:GPPB: 161.41

Innovative Solutions Ecosystem's Days Payable increased from Jun. 2022 (82.96) to Jun. 2023 (255.71). It may suggest that Innovative Solutions Ecosystem delayed paying its suppliers.

Innovative Solutions Ecosystem Days Payable Historical Data

The historical data trend for Innovative Solutions Ecosystem'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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Innovative Solutions Ecosystem Days Payable Chart

Innovative Solutions Ecosystem Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Days Payable

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141.88

145.70

130.59

184.43

118.18

Innovative Solutions Ecosystem 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															118.55	112.91	82.96	90.45	255.71

Competitive Comparison of Innovative Solutions Ecosystem's Days Payable

For the Specialty Business Services subindustry, Innovative Solutions Ecosystem'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.

Innovative Solutions Ecosystem's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Innovative Solutions Ecosystem's Days Payable distribution charts can be found below:

* The bar in red indicates where Innovative Solutions Ecosystem's Days Payable falls into.

Innovative Solutions Ecosystem 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.

Innovative Solutions Ecosystem's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (1.311	+	1.096)	/	2 )	/	3.717	*	365
=	1.2035					/	3.717	*	365
=	118.18

Innovative Solutions Ecosystem'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
=	( (2.852	+	5.101)	/	2 )	/	2.838	*	365 / 2
=	3.9765					/	2.838	*	365 / 2
=	255.71

Innovative Solutions Ecosystem Days Payable Related Terms

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Innovative Solutions Ecosystem (STU:GPPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Innovative Solutions Ecosystem SA (STU:GPPB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/ Salcedo 6,, Madrid, ESP, 28034

Website

https://www.innovative-ecosystem.com

Innovative Solutions Ecosystem SA provides innovative solutions in the areas of data management and security, cryptography and related applications, and other technologies that facilitate data security and the communication of organizations with customers and stakeholders.

Innovative Solutions Ecosystem (STU:GPPB) Headlines

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