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Groupe Tera (XPAR:ALGTR) Days Payable : 166.93 (As of Dec. 2023)


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What is Groupe Tera Days Payable?

Groupe Tera's average Accounts Payable for the six months ended in Dec. 2023 was €2.87 Mil. Groupe Tera's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.14 Mil. Hence, Groupe Tera's Days Payable for the six months ended in Dec. 2023 was 166.93.

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

XPAR:ALGTR' s Days Payable Range Over the Past 10 Years
Min: 135.35   Med: 195.03   Max: 1863.21
Current: 153.64

During the past 7 years, Groupe Tera's highest Days Payable was 1863.21. The lowest was 135.35. And the median was 195.03.

XPAR:ALGTR's Days Payable is ranked better than
85.12% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XPAR:ALGTR: 153.64

Groupe Tera's Days Payable declined from Dec. 2022 (169.49) to Dec. 2023 (166.93). It may suggest that Groupe Tera accelerated paying its suppliers.


Groupe Tera Days Payable Historical Data

The historical data trend for Groupe Tera'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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Groupe Tera Days Payable Chart

Groupe Tera Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 262.91 195.03 135.35 155.80 144.46

Groupe Tera Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.05 142.08 169.49 151.30 166.93

Competitive Comparison of Groupe Tera's Days Payable

For the Scientific & Technical Instruments subindustry, Groupe Tera'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.


Groupe Tera's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Groupe Tera's Days Payable distribution charts can be found below:

* The bar in red indicates where Groupe Tera's Days Payable falls into.



Groupe Tera 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.

Groupe Tera'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
=( (3.191 + 2.411) / 2 ) / 7.077*365
=2.801 / 7.077*365
=144.46

Groupe Tera's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.335 + 2.411) / 2 ) / 3.141*365 / 2
=2.873 / 3.141*365 / 2
=166.93

* 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.


Groupe Tera Days Payable Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

Traded in Other Exchanges
N/A
Address
628 Rue Charles De Gaulle, Crolles, FRA, 38920
Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

Groupe Tera (XPAR:ALGTR) Headlines

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