Voquz Labs AG (WBO:VQLA) Days Payable : 60.03 (As of Dec. 2023)

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What is Voquz Labs AG Days Payable?

Voquz Labs AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.41 Mil. Voquz Labs AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.25 Mil. Hence, Voquz Labs AG's Days Payable for the six months ended in Dec. 2023 was 60.03.

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

WBO:VQLA' s Days Payable Range Over the Past 10 Years
Min: 24.33 Med: 31.9 Max: 81.48
Current: 81.48

During the past 5 years, Voquz Labs AG's highest Days Payable was 81.48. The lowest was 24.33. And the median was 31.90.

WBO:VQLA's Days Payable is not ranked
in the Software industry.
Industry Median: 49.695 vs WBO:VQLA: 81.48

Voquz Labs AG's Days Payable declined from Dec. 2022 (76.69) to Dec. 2023 (60.03). It may suggest that Voquz Labs AG accelerated paying its suppliers.

Voquz Labs AG Days Payable Historical Data

The historical data trend for Voquz Labs 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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Voquz Labs AG Days Payable Chart

Voquz Labs AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

24.33

31.90

30.02

51.16

58.76

Voquz Labs AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			19.50	285.84	76.69	301.22	60.03

Competitive Comparison of Voquz Labs AG's Days Payable

For the Information Technology Services subindustry, Voquz Labs 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.

Voquz Labs AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Voquz Labs AG's Days Payable distribution charts can be found below:

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

Voquz Labs 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.

Voquz Labs 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
=	( (0.146	+	0.318)	/	2 )	/	1.441	*	365
=	0.232					/	1.441	*	365
=	58.76

Voquz Labs 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.501	+	0.318)	/	2 )	/	1.245	*	365 / 2
=	0.4095					/	1.245	*	365 / 2
=	60.03

Voquz Labs AG Days Payable Related Terms

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Voquz Labs AG (WBO:VQLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Voquz Labs AG (WBO:VQLA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kurfurstendamm 11, Berlin, DEU, 10719

Website

https://www.voquzlabs.com

Voquz Labs AG is a solution provider and system integrator in the information technology sector. It is a one-stop shop for the implementation of complex IT projects and offers intelligent solutions in the fields of Customer Experience, Future Mobility, SAP Solutions, and IT Security. The products include samQ, remQ, setQ, and advisory.

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