CLEEN Energy AG (WBO:CLEN) Days Payable : 54.70 (As of Jun. 2024)

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What is CLEEN Energy AG Days Payable?

CLEEN Energy AG's average Accounts Payable for the six months ended in Jun. 2024 was €0.86 Mil. CLEEN Energy AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €2.88 Mil. Hence, CLEEN Energy AG's Days Payable for the six months ended in Jun. 2024 was 54.70.

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

WBO:CLEN' s Days Payable Range Over the Past 10 Years
Min: 26.91 Med: 77.65 Max: 210.24
Current: 132.61

During the past 10 years, CLEEN Energy AG's highest Days Payable was 210.24. The lowest was 26.91. And the median was 77.65.

WBO:CLEN's Days Payable is ranked better than
73.35% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs WBO:CLEN: 132.61

CLEEN Energy AG's Days Payable declined from Jun. 2023 (240.36) to Jun. 2024 (54.70). It may suggest that CLEEN Energy AG accelerated paying its suppliers.

CLEEN Energy AG Days Payable Historical Data

The historical data trend for CLEEN Energy 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.

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CLEEN Energy AG Days Payable Chart

CLEEN Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.81

55.94

210.24

174.15

193.91

CLEEN Energy AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															171.46	90.73	240.36	154.82	54.70

Competitive Comparison of CLEEN Energy AG's Days Payable

For the Electrical Equipment & Parts subindustry, CLEEN Energy 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.

CLEEN Energy AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CLEEN Energy AG's Days Payable distribution charts can be found below:

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

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CLEEN Energy 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.

CLEEN Energy 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
=	( (9.765	+	1.195)	/	2 )	/	10.315	*	365
=	5.48					/	10.315	*	365
=	193.91

CLEEN Energy AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.195	+	0.529)	/	2 )	/	2.876	*	365 / 2
=	0.862					/	2.876	*	365 / 2
=	54.70

CLEEN Energy AG Days Payable Related Terms

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CLEEN Energy AG Business Description

Industry

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ET10:Germany

Address

Hollriglstrasse 8a, Haag, AUT, 3350

Website

https://www.cleen-energy.com

CLEEN Energy AG is a full-service provider of sustainable and climate-friendly solutions in the areas of renewable energy generation and energy efficiency. The company caters predominantly to small and medium-sized businesses, acting as a B2B enabler of the energy transition. It specializes in the planning and development of customized photovoltaic systems and assumes overall responsibility for its projects from conception to implementation. The various services and products offered by the company include photovoltaic solutions, including rooftop, open-space, and agricultural photovoltaic systems as well as photovoltaic carports. It also offers storage solutions and charging infrastructure for electric vehicles to support the integration of e-mobility into customer's energy supplies.

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