Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) Days Payable : 50.10 (As of Dec. 2023)

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What is Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Days Payable?

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's average Accounts Payable for the six months ended in Dec. 2023 was €6.6 Mil. Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Cost of Goods Sold for the six months ended in Dec. 2023 was €24.1 Mil. Hence, Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable for the six months ended in Dec. 2023 was 50.10.

The historical rank and industry rank for Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable or its related term are showing as below:

STU:MUT3' s Days Payable Range Over the Past 10 Years
Min: 37.07 Med: 51.58 Max: 64.79
Current: 51.22

During the past 13 years, Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's highest Days Payable was 64.79. The lowest was 37.07. And the median was 51.58.

STU:MUT3's Days Payable is ranked worse than
60.55% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 61.88 vs STU:MUT3: 51.22

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable declined from Dec. 2022 (54.43) to Dec. 2023 (50.10). It may suggest that Mineralbrunnen Ueberkingen-Teinach GmbH KGaA accelerated paying its suppliers.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Days Payable Historical Data

The historical data trend for Mineralbrunnen Ueberkingen-Teinach GmbH KGaA'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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Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Days Payable Chart

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.99

37.07

45.22

53.08

50.08

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															46.36	51.46	54.43	53.51	50.10

Competitive Comparison of Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable

For the Beverages - Non-Alcoholic subindustry, Mineralbrunnen Ueberkingen-Teinach GmbH KGaA'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.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable distribution charts can be found below:

* The bar in red indicates where Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable falls into.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA 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.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA'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
=	( (6.964	+	6.189)	/	2 )	/	47.93	*	365
=	6.5765					/	47.93	*	365
=	50.08

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.027	+	6.189)	/	2 )	/	24.073	*	365 / 2
=	6.608					/	24.073	*	365 / 2
=	50.10

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Days Payable Related Terms

Thank you for viewing the detailed overview of Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Mineralbrunnen Ueberkingen-Teinach GmbH & Co KGaA (STU:MUT3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MUT:Germany MUT3:Germany MUT:Germany

Address

Bahnhofstr. 15, Bad Uberkingen, DEU, 73337

Website

http://www.mineralbrunnen-ag.de

Mineralbrunnen Ueberkingen-Teinach GmbH & Co KGaA is a German company which operates in the beverage market. The company produces mineral water, fruit juices, soft drinks, and alcoholic beverages. It provides mineral water under the Krumbach, Teinacher, and Hirschquelle brands; refreshing and sweet drinks under the afri, Bluna, Teinacher Limo, Teinacher pleasure lemonade, and Krumbach lemonades brands; and fruit juices and variants under the Niehoffs Vaihinger, Klindworth, and Merziger brands.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) Headlines

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