TX Group AG (XSWX:TXGN) Days Payable : 163.42 (As of Dec. 2023)

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What is TX Group AG Days Payable?

TX Group AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF67.3 Mil. TX Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF75.1 Mil. Hence, TX Group AG's Days Payable for the six months ended in Dec. 2023 was 163.42.

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

XSWX:TXGN' s Days Payable Range Over the Past 10 Years
Min: 83.47 Med: 162.17 Max: 198.82
Current: 165.82

During the past 13 years, TX Group AG's highest Days Payable was 198.82. The lowest was 83.47. And the median was 162.17.

XSWX:TXGN's Days Payable is ranked better than
72.89% of 926 companies
in the Media - Diversified industry
Industry Median: 81.63 vs XSWX:TXGN: 165.82

TX Group AG's Days Payable increased from Dec. 2022 (129.12) to Dec. 2023 (163.42). It may suggest that TX Group AG delayed paying its suppliers.

TX Group AG Days Payable Historical Data

The historical data trend for TX Group AG'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.

TX Group AG Days Payable Chart

TX Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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167.87

171.06

171.30

156.46

198.82

TX Group AG 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															119.35	135.93	129.12	135.95	163.42

Competitive Comparison of TX Group AG's Days Payable

For the Publishing subindustry, TX Group AG'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.

TX Group AG's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TX Group AG's Days Payable distribution charts can be found below:

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

TX Group AG 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.

TX Group AG'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
=	( (75.8	+	92.3)	/	2 )	/	154.3	*	365
=	84.05					/	154.3	*	365
=	198.82

TX Group AG'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
=	( (42.2	+	92.3)	/	2 )	/	75.1	*	365 / 2
=	67.25					/	75.1	*	365 / 2
=	163.42

TX Group AG Days Payable Related Terms

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TX Group AG (XSWX:TXGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TX Group AG (XSWX:TXGN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TXGNz:UK

Address

Werdstrasse 21, Postfach, Zurich, CHE, CH-8021

Website

https://www.tx.group

TX Group AG is a Swiss company with a network of digital platforms. It offers information, orientation, entertainment, and services to its users every day. The company provides newspapers and magazines. The company's operating segments include TX Markets; Goldbach; 20 Minuten; Tamedia and Group and Ventures. It generates maximum revenue from the Tamedia segment.

TX Group AG (XSWX:TXGN) Headlines

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