VISTAL Gdynia (WAR:VTL) Days Payable: 210.92 (As of Sep. 2023)

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WAR:VTL VISTAL Gdynia SA WAR:VTL
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What is VISTAL Gdynia Days Payable?

VISTAL Gdynia WAR:VTL 4 Days Payable is 210.92 as of Sep. 2023. GuruFocus rates WAR:VTL with a GF Score™ of 4/100.

VISTAL Gdynia's average Accounts Payable for the three months ended in Sep. 2023 was zł13.80 Mil. VISTAL Gdynia's Cost of Goods Sold for the three months ended in Sep. 2023 was zł5.97 Mil. Hence, VISTAL Gdynia's Days Payable for the three months ended in Sep. 2023 was 210.92.

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

WAR:VTL's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.565
* Ranked among companies with meaningful Days Payable only.

VISTAL Gdynia's Days Payable increased from Sep. 2022 (103.57) to Sep. 2023 (210.92). It may suggest that VISTAL Gdynia delayed paying its suppliers.

VISTAL Gdynia Days Payable Historical Data

* Premium members only.

The historical data trend for VISTAL Gdynia'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.

VISTAL Gdynia Days Payable Chart

VISTAL Gdynia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 928.29 527.64 124.99 113.78 83.94

VISTAL Gdynia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 103.57 123.43 109.97 175.49 210.92

WAR:VTL vs PWR, J: Days Payable Comparison

For the Engineering & Construction subindustry, VISTAL Gdynia'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.

VISTAL Gdynia Days Payable vs Construction Industry

For the Construction industry and Industrials sector, VISTAL Gdynia's Days Payable distribution charts can be found below:

* The bar in red indicates where VISTAL Gdynia's Days Payable falls into.


WAR:VTL
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VISTAL Gdynia SA WAR:VTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VISTAL Gdynia 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.

VISTAL Gdynia'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
=( (19.912 + 13.129) / 2 ) / 71.84*365
=16.5205 / 71.84*365
=83.94

VISTAL Gdynia'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: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (14.508 + 13.091) / 2 ) / 5.97*365 / 4
=13.7995 / 5.97*365 / 4
=210.92

* 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 210.92 mean?
VISTAL Gdynia (WAR:VTL) has a Days Payable of 210.92 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on VISTAL Gdynia and its competitors.
Is VISTAL Gdynia's Days Payable too high?
VISTAL Gdynia's current Days Payable is 210.92. The Construction industry median Days Payable is 76.57. VISTAL Gdynia's value of 210.92 is 175.5% above this industry median. Overall, VISTAL Gdynia has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does VISTAL Gdynia's Days Payable compare to PWR and J?
VISTAL Gdynia's Days Payable of 210.92 can be compared against companies in the Construction industry. The industry median Days Payable is 76.57. VISTAL Gdynia's value of 210.92 is 175.5% above 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 Construction company?
The median Days Payable among Construction companies is 76.57, based on 1,718 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. VISTAL Gdynia's current Days Payable of 210.92 is 175.5% above 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 VISTAL Gdynia and its competitors. For the Construction industry, the median Days Payable is 76.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VISTAL Gdynia's current Days Payable is 210.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VISTAL Gdynia stock overvalued right now?
VISTAL Gdynia (WAR:VTL) has a current Days Payable of 210.92. The current Days Payable is 210.92 and 175.5% above the Construction industry median of 76.57. VISTAL Gdynia's overall GF Score™ is 4/100. 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 VISTAL Gdynia (WAR:VTL), the current Days Payable is 210.92 as of Sep. 2023. 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.

VISTAL Gdynia Business Description

Address ul. Hutnicza 40, Gdynia, POL, 81-061
VISTAL Gdynia SA is a leading manufacturer of steel structures for the construction, energy, shipbuilding and offshore industries. Geographically, the company operates in Poland and abroad. The business area of ??activity of the company is prefabrication, assembly, anti-corrosion works, testing of bridge, shipbuilding, wind energy and Offshore facilities.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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