Soluciones Cuatroochenta (XMAD:480S) Days Payable : 20.15 (As of Jun. 2024)

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What is Soluciones Cuatroochenta Days Payable?

Soluciones Cuatroochenta's average Accounts Payable for the six months ended in Jun. 2024 was €1.03 Mil. Soluciones Cuatroochenta's Cost of Goods Sold for the six months ended in Jun. 2024 was €9.34 Mil. Hence, Soluciones Cuatroochenta's Days Payable for the six months ended in Jun. 2024 was 20.15.

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

XMAD:480S' s Days Payable Range Over the Past 10 Years
Min: 18.44 Med: 30.44 Max: 91.08
Current: 19.65

During the past 5 years, Soluciones Cuatroochenta's highest Days Payable was 91.08. The lowest was 18.44. And the median was 30.44.

XMAD:480S's Days Payable is ranked worse than
78.87% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XMAD:480S: 19.65

Soluciones Cuatroochenta's Days Payable declined from Jun. 2023 (27.92) to Jun. 2024 (20.15). It may suggest that Soluciones Cuatroochenta accelerated paying its suppliers.

Soluciones Cuatroochenta Days Payable Historical Data

The historical data trend for Soluciones Cuatroochenta'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.

Soluciones Cuatroochenta Days Payable Chart

Soluciones Cuatroochenta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

19.26

18.44

91.08

83.77

30.44

Soluciones Cuatroochenta Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					75.54	25.32	27.92	21.01	20.15

Competitive Comparison of Soluciones Cuatroochenta's Days Payable

For the Software - Application subindustry, Soluciones Cuatroochenta'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.

Soluciones Cuatroochenta's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Soluciones Cuatroochenta's Days Payable distribution charts can be found below:

* The bar in red indicates where Soluciones Cuatroochenta's Days Payable falls into.

Soluciones Cuatroochenta 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.

Soluciones Cuatroochenta'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
=	( (1.478	+	1.119)	/	2 )	/	15.571	*	365
=	1.2985					/	15.571	*	365
=	30.44

Soluciones Cuatroochenta'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
=	( (1.119	+	0.944)	/	2 )	/	9.344	*	365 / 2
=	1.0315					/	9.344	*	365 / 2
=	20.15

Soluciones Cuatroochenta Days Payable Related Terms

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Soluciones Cuatroochenta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soluciones Cuatroochenta SA (XMAD:480S) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071

Website

https://www.cuatroochenta.com

Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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