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OVH Groupe (XPAR:OVH) Days Payable : 251.49 (As of Feb. 2024)


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What is OVH Groupe Days Payable?

OVH Groupe's average Accounts Payable for the six months ended in Feb. 2024 was €147.6 Mil. OVH Groupe's Cost of Goods Sold for the six months ended in Feb. 2024 was €107.1 Mil. Hence, OVH Groupe's Days Payable for the six months ended in Feb. 2024 was 251.49.

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

XPAR:OVH' s Days Payable Range Over the Past 10 Years
Min: 151.7   Med: 217.57   Max: 292.38
Current: 236.92

During the past 7 years, OVH Groupe's highest Days Payable was 292.38. The lowest was 151.70. And the median was 217.57.

XPAR:OVH's Days Payable is ranked better than
85.77% of 2529 companies
in the Software industry
Industry Median: 49.74 vs XPAR:OVH: 236.92

OVH Groupe's Days Payable increased from Feb. 2023 (225.29) to Feb. 2024 (251.49). It may suggest that OVH Groupe delayed paying its suppliers.


OVH Groupe Days Payable Historical Data

The historical data trend for OVH Groupe'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.

* Premium members only.

OVH Groupe Days Payable Chart

OVH Groupe Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial 151.70 192.66 288.80 292.38 230.66

OVH Groupe Semi-Annual Data
Aug18 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 291.61 241.23 225.29 223.19 251.49

Competitive Comparison of OVH Groupe's Days Payable

For the Software - Infrastructure subindustry, OVH Groupe'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.


OVH Groupe's Days Payable Distribution in the Software Industry

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

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



OVH Groupe 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.

OVH Groupe's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (115.111 + 139.592) / 2 ) / 201.52*365
=127.3515 / 201.52*365
=230.66

OVH Groupe's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (139.592 + 155.598) / 2 ) / 107.106*365 / 2
=147.595 / 107.106*365 / 2
=251.49

* 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.


OVH Groupe Days Payable Related Terms

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OVH Groupe (XPAR:OVH) Business Description

Traded in Other Exchanges
Address
2 rue Kellermann, Roubaix, FRA, 59100
OVH Groupe is a provider of cloud services, occupying a unique position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments.

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