Akiles SE (XMAD:AKI) Days Payable : 345.73 (As of Dec. 2019)

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What is Akiles SE Days Payable?

Akiles SE's average Accounts Payable for the six months ended in Dec. 2019 was €4.21 Mil. Akiles SE's Cost of Goods Sold for the six months ended in Dec. 2019 was €2.22 Mil. Hence, Akiles SE's Days Payable for the six months ended in Dec. 2019 was 345.73.

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

XMAD:AKI's Days Payable is not ranked ^*
in the Conglomerates industry.
Industry Median: 58.265
* Ranked among companies with meaningful Days Payable only.

Akiles SE's Days Payable declined from Dec. 2018 (2,577.11) to Dec. 2019 (345.73). It may suggest that Akiles SE accelerated paying its suppliers.

Akiles SE Days Payable Historical Data

The historical data trend for Akiles SE'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.

Akiles SE Days Payable Chart

Akiles SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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547.08

202.15

1,173.13

669.03

299.30

Akiles SE Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Days Payable	Get a 7-Day Free Trial										887.95	732.30	2,577.11	475.70	345.73

Competitive Comparison of Akiles SE's Days Payable

For the Conglomerates subindustry, Akiles SE'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.

Akiles SE's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Akiles SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Akiles SE's Days Payable falls into.

Akiles SE 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.

Akiles SE's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (2.082	+	3.699)	/	2 )	/	3.525	*	365
=	2.8905					/	3.525	*	365
=	299.30

Akiles SE's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (4.716	+	3.699)	/	2 )	/	2.221	*	365 / 2
=	4.2075					/	2.221	*	365 / 2
=	345.73

Akiles SE Days Payable Related Terms

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

Akiles SE (XMAD:AKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Akiles Corp SE (XMAD:AKI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Bulgaria Boulevard, Floor 11-12, Sofia, BGR, 1404

Website

https://www.akiles.eu

Akiles Corp SE is primarily involved in the two business areas namely Infrastructure and Utilities sector and Tourism sector. The Company operates mainly in the Balkans, Spain, and Greece.

Akiles SE (XMAD:AKI) Headlines

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