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VWAPY (Volkswagen AG) Days Payable : 43.96 (As of Sep. 2024)


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What is Volkswagen AG Days Payable?

Volkswagen AG's average Accounts Payable for the three months ended in Sep. 2024 was $34,978 Mil. Volkswagen AG's Cost of Goods Sold for the three months ended in Sep. 2024 was $72,608 Mil. Hence, Volkswagen AG's Days Payable for the three months ended in Sep. 2024 was 43.96.

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

VWAPY' s Days Payable Range Over the Past 10 Years
Min: 40.69   Med: 41.89   Max: 45.07
Current: 43.17

During the past 13 years, Volkswagen AG's highest Days Payable was 45.07. The lowest was 40.69. And the median was 41.89.

VWAPY's Days Payable is ranked worse than
72.11% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs VWAPY: 43.17

Volkswagen AG's Days Payable increased from Sep. 2023 (43.51) to Sep. 2024 (43.96). It may suggest that Volkswagen AG delayed paying its suppliers.


Volkswagen AG Days Payable Historical Data

The historical data trend for Volkswagen 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.

* Premium members only.

Volkswagen AG Days Payable Chart

Volkswagen 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 42.08 43.11 43.19 43.39 41.09

Volkswagen 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 43.51 39.02 46.44 43.16 43.96

Competitive Comparison of Volkswagen AG's Days Payable

For the Auto Manufacturers subindustry, Volkswagen 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.


Volkswagen AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Days Payable distribution charts can be found below:

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



Volkswagen 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.

Volkswagen 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
=( (30442.797 + 33697.928) / 2 ) / 284909.488*365
=32070.3625 / 284909.488*365
=41.09

Volkswagen 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
=( (33993.541 + 35962.264) / 2 ) / 72608.213*365 / 4
=34977.9025 / 72608.213*365 / 4
=43.96

* 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.


Volkswagen AG Days Payable Related Terms

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Volkswagen AG Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9.4 million vehicles in 2023. 80% of group revenue is generated by its four vehicle segments—core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus). It also has a vehicle software business (Cariad), batteries, and power engineering production and financial services.