Prodways Group (XPAR:PWG) Days Payable : 112.01 (As of Dec. 2023)

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What is Prodways Group Days Payable?

Prodways Group's average Accounts Payable for the six months ended in Dec. 2023 was €8.97 Mil. Prodways Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.62 Mil. Hence, Prodways Group's Days Payable for the six months ended in Dec. 2023 was 112.01.

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

XPAR:PWG' s Days Payable Range Over the Past 10 Years
Min: 89.43 Med: 109.42 Max: 461.01
Current: 95.23

During the past 10 years, Prodways Group's highest Days Payable was 461.01. The lowest was 89.43. And the median was 109.42.

XPAR:PWG's Days Payable is ranked better than
68.51% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs XPAR:PWG: 95.23

Prodways Group's Days Payable increased from Dec. 2022 (79.68) to Dec. 2023 (112.01). It may suggest that Prodways Group delayed paying its suppliers.

Prodways Group Days Payable Historical Data

The historical data trend for Prodways Group'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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Prodways Group Days Payable Chart

Prodways Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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96.74

118.88

95.04

89.43

99.95

Prodways Group Semi-Annual Data
	Dec14	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													82.18	80.00	79.68	79.93	112.01

Competitive Comparison of Prodways Group's Days Payable

For the Computer Hardware subindustry, Prodways Group'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.

Prodways Group's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Prodways Group's Days Payable falls into.

Prodways Group 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.

Prodways Group'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
=	( (10.443	+	9.423)	/	2 )	/	36.273	*	365
=	9.933					/	36.273	*	365
=	99.95

Prodways Group'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
=	( (8.524	+	9.423)	/	2 )	/	14.621	*	365 / 2
=	8.9735					/	14.621	*	365 / 2
=	112.01

Prodways Group Days Payable Related Terms

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Prodways Group (XPAR:PWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prodways Group SA (XPAR:PWG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0RQB:UK 5PD:Germany

Address

30 rue de Gramont, Paris, FRA, 75002

Website

https://www.prodways-group.com

Prodways Group SA is a France-based company engaged in providing 3D printing solutions. The company offers printing machinery for jewelry, footwear, industrial design, architecture, engineering and construction, and automotive sectors. It operates through two business segments: Products and Systems. The system segment includes Prodways, Prodways Americas, Prodways Materials, Deltamed, Exceltec, Prodways Rapid Additive Forging, Groupe Avenao and Solidscape. The product segment includes Initial, Cristal, Podo 3d, Prodways Conseil, Interson Protac, Varia 3d and Dentosmile. It generates maximum revenue from the Systems segment.

Prodways Group (XPAR:PWG) Headlines

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