BAVARIA Industries Group AG (XTER:B8A) Days Payable : 57.99 (As of Jun. 2023)

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What is BAVARIA Industries Group AG Days Payable?

BAVARIA Industries Group AG's average Accounts Payable for the six months ended in Jun. 2023 was €14.6 Mil. BAVARIA Industries Group AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €45.9 Mil. Hence, BAVARIA Industries Group AG's Days Payable for the six months ended in Jun. 2023 was 57.99.

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

XTER:B8A' s Days Payable Range Over the Past 10 Years
Min: 48.3 Med: 60.12 Max: 102.79
Current: 62.56

During the past 13 years, BAVARIA Industries Group AG's highest Days Payable was 102.79. The lowest was 48.30. And the median was 60.12.

XTER:B8A's Days Payable is ranked worse than
54.82% of 467 companies
in the Asset Management industry
Industry Median: 74.53 vs XTER:B8A: 62.56

BAVARIA Industries Group AG's Days Payable declined from Jun. 2022 (62.24) to Jun. 2023 (57.99). It may suggest that BAVARIA Industries Group AG accelerated paying its suppliers.

BAVARIA Industries Group AG Days Payable Historical Data

The historical data trend for BAVARIA Industries 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.

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BAVARIA Industries Group AG Days Payable Chart

BAVARIA Industries Group AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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62.60

48.30

55.79

57.05

57.64

BAVARIA Industries Group AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															57.19	69.85	62.24	67.26	57.99

Competitive Comparison of BAVARIA Industries Group AG's Days Payable

For the Asset Management subindustry, BAVARIA Industries 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.

BAVARIA Industries Group AG's Days Payable Distribution in the Asset Management Industry

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

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

BAVARIA Industries 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.

BAVARIA Industries Group AG's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (12.161	+	15.461)	/	2 )	/	87.45	*	365
=	13.811					/	87.45	*	365
=	57.64

BAVARIA Industries Group AG's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (15.461	+	13.729)	/	2 )	/	45.933	*	365 / 2
=	14.595					/	45.933	*	365 / 2
=	57.99

BAVARIA Industries Group AG Days Payable Related Terms

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BAVARIA Industries Group AG (XTER:B8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BAVARIA Industries Group AG (XTER:B8A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

B8A:Germany B8A:Germany

Address

Bavariaring 24, Munich, DEU, 80336

Website

http://www.baikap.de

BAVARIA Industries Group AG is a Germany-based holding company that acquires underperforming companies and boosts their performance through active management. The company's portfolio comprises companies from the areas of serial production and automotive, plant engineering and construction, and business services. It pursues three objectives, cutting costs, developing new sources of turnover and protecting jobs wherever possible. It relies on the initiative of the investee company's workforce to boost innovation and avoid all forms of waste, such as reject rates or unnecessary downtime during production.

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