Siemens Gamesa Renewable Energy (XMAD:SGRE) Days Payable : 110.78 (As of Dec. 2022)

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What is Siemens Gamesa Renewable Energy Days Payable?

Siemens Gamesa Renewable Energy's average Accounts Payable for the three months ended in Dec. 2022 was €3,240 Mil. Siemens Gamesa Renewable Energy's Cost of Goods Sold for the three months ended in Dec. 2022 was €2,669 Mil. Hence, Siemens Gamesa Renewable Energy's Days Payable for the three months ended in Dec. 2022 was 110.78.

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

XMAD:SGRE' s Days Payable Range Over the Past 10 Years
Min: 77.93 Med: 119.67 Max: 431.55
Current: 105.51

During the past 13 years, Siemens Gamesa Renewable Energy's highest Days Payable was 431.55. The lowest was 77.93. And the median was 119.67.

XMAD:SGRE's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.5 vs XMAD:SGRE: 105.51

Siemens Gamesa Renewable Energy's Days Payable declined from Dec. 2021 (126.30) to Dec. 2022 (110.78). It may suggest that Siemens Gamesa Renewable Energy accelerated paying its suppliers.

Siemens Gamesa Renewable Energy Days Payable Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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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Siemens Gamesa Renewable Energy Days Payable Chart

Siemens Gamesa Renewable Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

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79.66

111.00

111.14

107.59

115.12

Siemens Gamesa Renewable Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Payable	Get a 7-Day Free Trial															126.30	107.34	100.69	102.78	110.78

Competitive Comparison of Siemens Gamesa Renewable Energy's Days Payable

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

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

* The bar in red indicates where Siemens Gamesa Renewable Energy's Days Payable falls into.

Siemens Gamesa Renewable Energy 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 Gamesa Renewable Energy's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (2899.603	+	3395.58)	/	2 )	/	9979.779	*	365
=	3147.5915					/	9979.779	*	365
=	115.12

Siemens Gamesa Renewable Energy's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3395.58	+	3085)	/	2 )	/	2669	*	365 / 4
=	3240.29					/	2669	*	365 / 4
=	110.78

Siemens Gamesa Renewable Energy Days Payable Related Terms

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Siemens Gamesa Renewable Energy (XMAD:SGRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens Gamesa Renewable Energy SA (XMAD:SGRE) » Definitions » Days Payable

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Address

Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170

Website

https://www.siemensgamesa.com

Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.

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