Deutz AG (WBO:DEZ) Days Payable : 69.18 (As of Mar. 2024)

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What is Deutz AG Days Payable?

Deutz AG's average Accounts Payable for the three months ended in Mar. 2024 was €262 Mil. Deutz AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €345 Mil. Hence, Deutz AG's Days Payable for the three months ended in Mar. 2024 was 69.18.

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

WBO:DEZ' s Days Payable Range Over the Past 10 Years
Min: 47.53 Med: 55.47 Max: 67.1
Current: 67.1

During the past 13 years, Deutz AG's highest Days Payable was 67.10. The lowest was 47.53. And the median was 55.47.

WBO:DEZ's Days Payable is ranked worse than
57.33% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs WBO:DEZ: 67.10

Deutz AG's Days Payable declined from Mar. 2023 (71.92) to Mar. 2024 (69.18). It may suggest that Deutz AG accelerated paying its suppliers.

Deutz AG Days Payable Historical Data

The historical data trend for Deutz 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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Deutz AG Days Payable Chart

Deutz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.53

54.82

55.75

65.76

61.82

Deutz AG 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															71.92	73.72	68.75	59.83	69.18

Competitive Comparison of Deutz AG's Days Payable

For the Specialty Industrial Machinery subindustry, Deutz 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.

Deutz AG's Days Payable Distribution in the Industrial Products Industry

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

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

Deutz 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.

Deutz 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
=	( (291.5	+	256)	/	2 )	/	1616.4	*	365
=	273.75					/	1616.4	*	365
=	61.82

Deutz AG'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
=	( (256	+	267)	/	2 )	/	344.9	*	365 / 4
=	261.5					/	344.9	*	365 / 4
=	69.18

Deutz AG Days Payable Related Terms

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Deutz AG (WBO:DEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Deutz AG (WBO:DEZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DEUZF:USA 1DEZ:Italy DEZd:UK 0E4K:UK DEZ:Germany

Address

Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149

Website

https://www.deutz.com

Deutz AG is an independent diesel engine manufacturer based in Germany. The company engages in customized and compact diesel engines that are cooled by water, oil, or air. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the Rest of Europe.

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