Tokentus Investment AG (XTER:14D) Days Payable : 11.92 (As of Jun. 2024)

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What is Tokentus Investment AG Days Payable?

Tokentus Investment AG's average Accounts Payable for the six months ended in Jun. 2024 was €0.02 Mil. Tokentus Investment AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.25 Mil. Hence, Tokentus Investment AG's Days Payable for the six months ended in Jun. 2024 was 11.92.

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

XTER:14D' s Days Payable Range Over the Past 10 Years
Min: 9.99 Med: 16.9 Max: 29.64
Current: 15.55

During the past 4 years, Tokentus Investment AG's highest Days Payable was 29.64. The lowest was 9.99. And the median was 16.90.

XTER:14D's Days Payable is ranked worse than
86.03% of 458 companies
in the Asset Management industry
Industry Median: 66.08 vs XTER:14D: 15.55

Tokentus Investment AG's Days Payable declined from Jun. 2023 (14.37) to Jun. 2024 (11.92). It may suggest that Tokentus Investment AG accelerated paying its suppliers.

Tokentus Investment AG Days Payable Historical Data

The historical data trend for Tokentus Investment 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.

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Tokentus Investment AG Days Payable Chart

Tokentus Investment AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

29.64

21.60

9.99

12.19

Tokentus Investment AG Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			19.53	15.38	14.37	20.15	11.92

Competitive Comparison of Tokentus Investment AG's Days Payable

For the Asset Management subindustry, Tokentus Investment 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.

Tokentus Investment AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tokentus Investment AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokentus Investment AG's Days Payable falls into.

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Tokentus Investment 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.

Tokentus Investment 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
=	( (0.01	+	0.023)	/	2 )	/	0.494	*	365
=	0.0165					/	0.494	*	365
=	12.19

Tokentus Investment AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.023	+	0.009)	/	2 )	/	0.245	*	365 / 2
=	0.016					/	0.245	*	365 / 2
=	11.92

Tokentus Investment AG Days Payable Related Terms

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Tokentus Investment AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tokentus Investment AG (XTER:14D) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taunusanlage 8 c/o WeWork, Frankfurt, HE, DEU, 60329

Website

https://www.tokentus.com

Tokentus Investment AG invests in blockchain companies and also uses their know-how and their network to help these companies achieve breakthroughs and success.

Tokentus Investment AG Headlines

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