Greening Group Global (XMAD:GGR) Days Payable : 278.05 (As of Jun. 2024)

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What is Greening Group Global Days Payable?

Greening Group Global's average Accounts Payable for the six months ended in Jun. 2024 was €29.7 Mil. Greening Group Global's Cost of Goods Sold for the six months ended in Jun. 2024 was €19.5 Mil. Hence, Greening Group Global's Days Payable for the six months ended in Jun. 2024 was 278.05.

The historical rank and industry rank for Greening Group Global's Days Payable or its related term are showing as below:

XMAD:GGR' s Days Payable Range Over the Past 10 Years
Min: 35.11 Med: 59.6 Max: 165.04
Current: 165.04

During the past 4 years, Greening Group Global's highest Days Payable was 165.04. The lowest was 35.11. And the median was 59.60.

XMAD:GGR's Days Payable is ranked better than
77.69% of 1672 companies
in the Construction industry
Industry Median: 75.855 vs XMAD:GGR: 165.04

Greening Group Global's Days Payable increased from Jun. 2023 (51.22) to Jun. 2024 (278.05). It may suggest that Greening Group Global delayed paying its suppliers.

Greening Group Global Days Payable Historical Data

The historical data trend for Greening Group Global'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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Greening Group Global Days Payable Chart

Greening Group Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

35.11

59.60

113.88

Greening Group Global Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			33.69	78.43	51.22	113.02	278.05

Competitive Comparison of Greening Group Global's Days Payable

For the Engineering & Construction subindustry, Greening Group Global'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.

Greening Group Global's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Greening Group Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Greening Group Global's Days Payable falls into.

Greening Group Global 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.

Greening Group Global'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
=	( (6.395	+	29.392)	/	2 )	/	57.349	*	365
=	17.8935					/	57.349	*	365
=	113.88

Greening Group Global'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
=	( (29.392	+	30.095)	/	2 )	/	19.522	*	365 / 2
=	29.7435					/	19.522	*	365 / 2
=	278.05

Greening Group Global Days Payable Related Terms

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Greening Group Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Greening Group Global SA (XMAD:GGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

70I:Germany

Address

C/ Alcayata, 4. Poligono Industrial El Florio, Granada, ESP, 18015

Website

https://www.greening-group.com

Greening Group Global SA develops its operations in the design and construction of industrial facilities for renewable energy self-consumption, solar-powered water pumping, and the promotion of energy efficiency projects.