Siemens Energy AG (WBO:ENR) Days Payable : 87.49 (As of Dec. 2023)

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What is Siemens Energy AG Days Payable?

Siemens Energy AG's average Accounts Payable for the three months ended in Dec. 2023 was €6,310 Mil. Siemens Energy AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €6,581 Mil. Hence, Siemens Energy AG's Days Payable for the three months ended in Dec. 2023 was 87.49.

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

WBO:ENR' s Days Payable Range Over the Past 10 Years
Min: 61.37 Med: 70.82 Max: 89.21
Current: 77.47

During the past 7 years, Siemens Energy AG's highest Days Payable was 89.21. The lowest was 61.37. And the median was 70.82.

WBO:ENR's Days Payable is ranked better than
50.75% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs WBO:ENR: 77.47

Siemens Energy AG's Days Payable declined from Dec. 2022 (91.62) to Dec. 2023 (87.49). It may suggest that Siemens Energy AG accelerated paying its suppliers.

Siemens Energy AG Days Payable Historical Data

The historical data trend for Siemens 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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Siemens Energy AG Days Payable Chart

Siemens Energy AG Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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66.73

70.82

79.30

89.21

80.77

Siemens Energy AG Quarterly Data
	Sep18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															91.62	83.80	68.71	75.52	87.49

Competitive Comparison of Siemens Energy AG's Days Payable

For the Specialty Industrial Machinery subindustry, Siemens 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.

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

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

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

Siemens 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.

Siemens Energy AG'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
=	( (6782	+	6658)	/	2 )	/	30366	*	365
=	6720					/	30366	*	365
=	80.77

Siemens Energy AG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6658	+	5962)	/	2 )	/	6581	*	365 / 4
=	6310					/	6581	*	365 / 4
=	87.49

Siemens Energy AG Days Payable Related Terms

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Siemens Energy AG (WBO:ENR) Business Description

Industry

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Address

Otto-Hahn-Ring 6, Munich, BY, DEU, 81739

Website

https://www.siemens-energy.com

Siemens Energy AG manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.