Siemens AG (XBUL:SIE) Days Payable : 59.98 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Siemens AG Days Payable?

Siemens AG's average Accounts Payable for the three months ended in Sep. 2024 was лв17,491 Mil. Siemens AG's Cost of Goods Sold for the three months ended in Sep. 2024 was лв26,609 Mil. Hence, Siemens AG's Days Payable for the three months ended in Sep. 2024 was 59.98.

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

XBUL:SIE' s Days Payable Range Over the Past 10 Years
Min: 51.74 Med: 75.43 Max: 109.58
Current: 70.39

During the past 13 years, Siemens AG's highest Days Payable was 109.58. The lowest was 51.74. And the median was 75.43.

XBUL:SIE's Days Payable is ranked worse than
53.47% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs XBUL:SIE: 70.39

Siemens AG's Days Payable declined from Sep. 2023 (72.00) to Sep. 2024 (59.98). It may suggest that Siemens AG accelerated paying its suppliers.

Siemens AG Days Payable Historical Data

The historical data trend for Siemens 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.

* Premium members only.

Siemens AG Days Payable Chart

Siemens AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

Get a 7-Day Free Trial

95.68

77.17

82.33

78.56

73.56

Siemens AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															72.00	77.67	69.75	71.12	59.98

Competitive Comparison of Siemens AG's Days Payable

For the Specialty Industrial Machinery subindustry, Siemens 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 AG's Days Payable Distribution in the Industrial Products Industry

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

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

Siemens 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 AG's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (20115.791	+	18261.737)	/	2 )	/	95215.867	*	365
=	19188.764					/	95215.867	*	365
=	73.56

Siemens AG's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (16719.912	+	18261.737)	/	2 )	/	26608.897	*	365 / 4
=	17490.8245					/	26608.897	*	365 / 4
=	59.98

Siemens AG Days Payable Related Terms

Thank you for viewing the detailed overview of Siemens AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Siemens AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (XBUL:SIE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMAWF:USA SIEGY:USA SIE:Mexico 1SIE:Italy SIEd:UK 0P6M:UK SIE:Germany SIEB:Germany SIE:Germany SIE:Germany SIEB:Germany SIE:Germany SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

Siemens AG Headlines

No Headlines