VIAOY (VIA optronics Holding AG) Days Payable: 54.35 (As of Dec. 2022)


VIAOY VIA optronics Holding AG VIAOY
12 GF Score
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What is VIA optronics Holding AG Days Payable?

VIA optronics Holding AG VIAOY 12 Days Payable is 54.35 as of Dec. 2022. GuruFocus rates VIAOY with a GF Score™ of 12/100.

VIA optronics Holding AG's average Accounts Payable for the three months ended in Dec. 2022 was $28.0 Mil. VIA optronics Holding AG's Cost of Goods Sold for the three months ended in Dec. 2022 was $47.0 Mil. Hence, VIA optronics Holding AG's Days Payable for the three months ended in Dec. 2022 was 54.35.

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

VIAOY's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

VIA optronics Holding AG's Days Payable declined from Dec. 2021 (66.19) to Dec. 2022 (54.35). It may suggest that VIA optronics Holding AG accelerated paying its suppliers.

VIA optronics Holding AG Days Payable Historical Data

* Premium members only.

The historical data trend for VIA optronics Holding 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.

VIA optronics Holding AG Days Payable Chart

VIA optronics Holding AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 59.85 70.74 74.38 75.60 59.04

VIA optronics Holding AG Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 66.19 59.66 66.19 49.78 54.35

VIAOY vs APH, TEL, GLW: Days Payable Comparison

For the Electronic Components subindustry, VIA optronics Holding 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.

VIA optronics Holding AG Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, VIA optronics Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where VIA optronics Holding AG's Days Payable falls into.


VIAOY
12GF Score
VIA optronics Holding AG VIAOY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VIA optronics Holding 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.

VIA optronics Holding AG'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
=( (37.793 + 28.89) / 2 ) / 206.137*365
=33.3415 / 206.137*365
=59.04

VIA optronics Holding AG's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (27.129 + 28.89) / 2 ) / 47.026*365 / 4
=28.0095 / 47.026*365 / 4
=54.35

* 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 54.35 mean?
VIA optronics Holding AG (VIAOY) has a Days Payable of 54.35 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on VIA optronics Holding AG and its competitors.
Is VIA optronics Holding AG's Days Payable too high?
VIA optronics Holding AG's current Days Payable is 54.35. The Hardware industry median Days Payable is 69.94. VIA optronics Holding AG's value of 54.35 is 22.3% below this industry median. Overall, VIA optronics Holding AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VIA optronics Holding AG's Days Payable compare to APH and TEL?
VIA optronics Holding AG's Days Payable of 54.35 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. VIA optronics Holding AG's value of 54.35 is 22.3% below 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. VIA optronics Holding AG's current Days Payable of 54.35 is 22.3% below 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 VIA optronics Holding AG and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIA optronics Holding AG's current Days Payable is 54.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA optronics Holding AG stock overvalued right now?
VIA optronics Holding AG (VIAOY) has a current Days Payable of 54.35. The current Days Payable is 54.35 and 22.3% below the Hardware industry median of 69.94. VIA optronics Holding AG's overall GF Score™ is 12/100. 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 VIA optronics Holding AG (VIAOY), the current Days Payable is 54.35 as of Dec. 2022. 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.

VIA optronics Holding AG Business Description

Address Sieboldstrasse 18, Nuremberg, BY, DEU, D-90411
VIA optronics Holding AG provides interactive display solutions and systems for the industrial, automotive, and consumer electronics markets. The company develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. The portfolio includes Interactive Display Systems, Display Solutions, Camera Solutions and Systems. The group generates revenue from the sale of enhanced display solutions, which use optical bonding technology and metal mesh touch sensors. It operates in three segments, namely, Display Solutions, Sensor Technologies, and Other Segments.
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