Elaris AG (XTER:ELS) Days Payable : 138.96 (As of Dec. 2022)

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What is Elaris AG Days Payable?

Elaris AG's average Accounts Payable for the six months ended in Dec. 2022 was €0.96 Mil. Elaris AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €2.52 Mil. Hence, Elaris AG's Days Payable for the six months ended in Dec. 2022 was 69.48.

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

XTER:ELS's Days Payable is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 66.34
* Ranked among companies with meaningful Days Payable only.

Elaris AG's Days Payable increased from Dec. 2020 (0.00) to Dec. 2022 (138.96). It may suggest that Elaris AG delayed paying its suppliers.

Elaris AG Days Payable Historical Data

The historical data trend for Elaris 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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Elaris AG Days Payable Chart

Elaris AG Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

165.71

138.96

Elaris AG Semi-Annual Data
	Dec20	Dec21	Dec22
Days Payable	-	165.71	138.96

Competitive Comparison of Elaris AG's Days Payable

For the Auto Manufacturers subindustry, Elaris 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.

Elaris AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Elaris AG's Days Payable distribution charts can be found below:

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

Elaris 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.

Elaris 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
=	( (0.55	+	1.368)	/	2 )	/	2.519	*	365
=	0.959					/	2.519	*	365
=	138.96

Elaris AG's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.55	+	1.368)	/	2 )	/	2.519	*	365 / 2
=	0.959					/	2.519	*	365 / 2
=	69.48

Elaris AG Days Payable Related Terms

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