MGI Digital Graphic Technology (XPAR:ALMDG) Days Payable : 163.55 (As of Dec. 2023)

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What is MGI Digital Graphic Technology Days Payable?

MGI Digital Graphic Technology's average Accounts Payable for the six months ended in Dec. 2023 was €6.39 Mil. MGI Digital Graphic Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.14 Mil. Hence, MGI Digital Graphic Technology's Days Payable for the six months ended in Dec. 2023 was 163.55.

The historical rank and industry rank for MGI Digital Graphic Technology's Days Payable or its related term are showing as below:

XPAR:ALMDG' s Days Payable Range Over the Past 10 Years
Min: 76.25 Med: 107.51 Max: 174.82
Current: 164.17

During the past 13 years, MGI Digital Graphic Technology's highest Days Payable was 174.82. The lowest was 76.25. And the median was 107.51.

XPAR:ALMDG's Days Payable is ranked better than
87.03% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs XPAR:ALMDG: 164.17

MGI Digital Graphic Technology's Days Payable increased from Dec. 2022 (139.92) to Dec. 2023 (163.55). It may suggest that MGI Digital Graphic Technology delayed paying its suppliers.

MGI Digital Graphic Technology Days Payable Historical Data

The historical data trend for MGI Digital Graphic Technology'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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MGI Digital Graphic Technology Days Payable Chart

MGI Digital Graphic Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.61

174.82

76.25

98.33

131.66

MGI Digital Graphic Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															169.26	57.38	139.92	198.29	163.55

Competitive Comparison of MGI Digital Graphic Technology's Days Payable

For the Computer Hardware subindustry, MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MGI Digital Graphic Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where MGI Digital Graphic Technology's Days Payable falls into.

MGI Digital Graphic Technology 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.

MGI Digital Graphic Technology'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
=	( (5.941	+	4.072)	/	2 )	/	13.88	*	365
=	5.0065					/	13.88	*	365
=	131.66

MGI Digital Graphic Technology'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
=	( (8.716	+	4.072)	/	2 )	/	7.135	*	365 / 2
=	6.394					/	7.135	*	365 / 2
=	163.55

MGI Digital Graphic Technology Days Payable Related Terms

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MGI Digital Graphic Technology (XPAR:ALMDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MGI Digital Graphic Technology SA (XPAR:ALMDG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2EI:Germany

Address

4, rue de la Meridienn, Fresnes, FRA, 94260

Website

http://www.mgi-fr.com

MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

MGI Digital Graphic Technology (XPAR:ALMDG) Headlines

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