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Werth-Holz (WAR:WHH) Days Payable : 22.69 (As of Mar. 2024)


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What is Werth-Holz Days Payable?

Werth-Holz's average Accounts Payable for the three months ended in Mar. 2024 was zł2.58 Mil. Werth-Holz's Cost of Goods Sold for the three months ended in Mar. 2024 was zł10.36 Mil. Hence, Werth-Holz's Days Payable for the three months ended in Mar. 2024 was 22.69.

The historical rank and industry rank for Werth-Holz's Days Payable or its related term are showing as below:

WAR:WHH' s Days Payable Range Over the Past 10 Years
Min: 11.07   Med: 30.18   Max: 34.98
Current: 26.73

During the past 13 years, Werth-Holz's highest Days Payable was 34.98. The lowest was 11.07. And the median was 30.18.

WAR:WHH's Days Payable is ranked worse than
81.65% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs WAR:WHH: 26.73

Werth-Holz's Days Payable declined from Mar. 2023 (23.97) to Mar. 2024 (22.69). It may suggest that Werth-Holz accelerated paying its suppliers.


Werth-Holz Days Payable Historical Data

The historical data trend for Werth-Holz'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.

Werth-Holz Days Payable Chart

Werth-Holz Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.98 31.21 33.58 26.60 30.93

Werth-Holz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.97 16.07 28.77 64.31 22.69

Competitive Comparison of Werth-Holz's Days Payable

For the Lumber & Wood Production subindustry, Werth-Holz'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.


Werth-Holz's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Werth-Holz's Days Payable distribution charts can be found below:

* The bar in red indicates where Werth-Holz's Days Payable falls into.



Werth-Holz 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.

Werth-Holz's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1.759 + 2.138) / 2 ) / 22.993*365
=1.9485 / 22.993*365
=30.93

Werth-Holz's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.116 + 3.034) / 2 ) / 10.355*365 / 4
=2.575 / 10.355*365 / 4
=22.69

* 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.


Werth-Holz Days Payable Related Terms

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Werth-Holz (WAR:WHH) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Dworcowa 5, Pszczew, POL, 66-330
Werth-Holz SA is a Polish manufacturer of garden architecture elements painted of wood, including painted fences, pergolas, garden houses, swings, flower pots for garden decoration, home playgrounds. Its products include Artykuly dzieciece, Hustawki, Pergole and Inne. The company operates in many European markets, including Germany, France, Spain, Austria, Switzerland, the Czech Republic, Slovakia, Norway and the Netherlands.

Werth-Holz (WAR:WHH) Headlines

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