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Friwo AG (XTER:CEA) Days Payable : 74.12 (As of Jun. 2024)


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What is Friwo AG Days Payable?

Friwo AG's average Accounts Payable for the six months ended in Jun. 2024 was €14.98 Mil. Friwo AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €36.89 Mil. Hence, Friwo AG's Days Payable for the six months ended in Jun. 2024 was 74.12.

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

XTER:CEA' s Days Payable Range Over the Past 10 Years
Min: 42.98   Med: 54.29   Max: 84.25
Current: 80.35

During the past 13 years, Friwo AG's highest Days Payable was 84.25. The lowest was 42.98. And the median was 54.29.

XTER:CEA's Days Payable is ranked better than
52.87% of 2930 companies
in the Industrial Products industry
Industry Median: 75.76 vs XTER:CEA: 80.35

Friwo AG's Days Payable declined from Jun. 2023 (89.43) to Jun. 2024 (74.12). It may suggest that Friwo AG accelerated paying its suppliers.


Friwo AG Days Payable Historical Data

The historical data trend for Friwo 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.

Friwo AG Days Payable Chart

Friwo AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.85 46.58 62.56 54.73 84.25

Friwo AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.29 65.04 89.43 82.25 74.12

Competitive Comparison of Friwo AG's Days Payable

For the Electrical Equipment & Parts subindustry, Friwo 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.


Friwo AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Friwo AG's Days Payable distribution charts can be found below:

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



Friwo 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.

Friwo 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
=( (29.706 + 16.461) / 2 ) / 100.01*365
=23.0835 / 100.01*365
=84.25

Friwo 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
=( (16.461 + 13.505) / 2 ) / 36.892*365 / 2
=14.983 / 36.892*365 / 2
=74.12

* 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.


Friwo AG Days Payable Related Terms

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Friwo AG Business Description

Traded in Other Exchanges
Address
Von-liebig-strac E 11, Ostbevern, DEU, 48346
Friwo AG is engaged in the communication business sector. The company's portfolio includes standard, custom power supply, and charging solutions. It sells power supply units and chargers, drivers and dimmer solutions for light-emitting diode (LED) technology, as well as accessories, from primary and secondary adapters to power cords, and protective covers for LED drivers. The company operates throughout the German region.

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