Alquiber Quality (XMAD:ALQ) Days Payable : 229.67 (As of Jun. 2024)

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What is Alquiber Quality Days Payable?

Alquiber Quality's average Accounts Payable for the six months ended in Jun. 2024 was €8.2 Mil. Alquiber Quality's Cost of Goods Sold for the six months ended in Jun. 2024 was €6.5 Mil. Hence, Alquiber Quality's Days Payable for the six months ended in Jun. 2024 was 229.67.

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

XMAD:ALQ' s Days Payable Range Over the Past 10 Years
Min: 169.04 Med: 195.02 Max: 257.18
Current: 257.18

During the past 7 years, Alquiber Quality's highest Days Payable was 257.18. The lowest was 169.04. And the median was 195.02.

XMAD:ALQ's Days Payable is ranked better than
90.61% of 916 companies
in the Business Services industry
Industry Median: 46.135 vs XMAD:ALQ: 257.18

Alquiber Quality's Days Payable declined from Jun. 2023 (297.33) to Jun. 2024 (229.67). It may suggest that Alquiber Quality accelerated paying its suppliers.

Alquiber Quality Days Payable Historical Data

The historical data trend for Alquiber Quality'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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Alquiber Quality Days Payable Chart

Alquiber Quality Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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179.33

189.57

206.33

206.01

255.24

Alquiber Quality Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial									238.94	252.48	297.33	291.25	229.67

Competitive Comparison of Alquiber Quality's Days Payable

For the Rental & Leasing Services subindustry, Alquiber Quality'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.

Alquiber Quality's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alquiber Quality's Days Payable distribution charts can be found below:

* The bar in red indicates where Alquiber Quality's Days Payable falls into.

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Alquiber Quality 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.

Alquiber Quality'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
=	( (4.974	+	8.406)	/	2 )	/	9.567	*	365
=	6.69					/	9.567	*	365
=	255.24

Alquiber Quality'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
=	( (8.406	+	7.969)	/	2 )	/	6.506	*	365 / 2
=	8.1875					/	6.506	*	365 / 2
=	229.67

Alquiber Quality Days Payable Related Terms

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Alquiber Quality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alquiber Quality SA (XMAD:ALQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Almendro 6, Fuenlabrada, ESP, 28942

Website

https://www.alquiber.com.es

Alquiber Quality SA provides vehicles on rental basis. The company offers cars, trucks, vans, SUV's, and pick-ups vans.

Alquiber Quality Headlines

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