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


XMAD:TES Akiles Corp SE XMAD:TES
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What is Akiles SE Days Payable?

Akiles SE XMAD:TES 4 Days Payable is 345.73 as of Dec. 2019. GuruFocus rates XMAD:TES with a GF Score™ of 4/100.

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:TES's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 55.71
* 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

* Premium members only.

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.

Akiles SE Days Payable Chart

Akiles SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 887.95 732.30 2,577.11 475.70 345.73

XMAD:TES vs WM, RSG, WCN: Days Payable Comparison

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 Days Payable vs 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.


XMAD:TES
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Akiles Corp SE XMAD:TES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 345.73 mean?
Akiles SE (XMAD:TES) has a Days Payable of 345.73 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Akiles SE and its competitors.
Is Akiles SE's Days Payable too high?
Akiles SE's current Days Payable is 345.73. The Conglomerates industry median Days Payable is 55.71. Akiles SE's value of 345.73 is 520.6% above this industry median. Overall, Akiles SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Akiles SE's Days Payable compare to WM and RSG?
Akiles SE's Days Payable of 345.73 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.71. Akiles SE's value of 345.73 is 520.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Akiles SE's current Days Payable of 345.73 is 520.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Akiles SE and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akiles SE's current Days Payable is 345.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akiles SE stock overvalued right now?
Akiles SE (XMAD:TES) has a current Days Payable of 345.73. The current Days Payable is 345.73 and 520.6% above the Conglomerates industry median of 55.71. Akiles SE's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Akiles SE (XMAD:TES), the current Days Payable is 345.73 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akiles SE Business Description

Address VITOSHA Boulevard, Stolichna 68, 1st floor, Sofia, BGR, 1463
Akiles Corp SE is a conglomerate of businesses focused on the Infrastructure & Utilities and Tourism sectors that aims to consolidate its sales, profits and cash flows for the Group. The Company currently operates mainly in the Balkans, Spain and Greece.
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