JDC Group AG (XTER:JDC) Days Payable : 55.48 (As of Sep. 2023)

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What is JDC Group AG Days Payable?

JDC Group AG's average Accounts Payable for the three months ended in Sep. 2023 was €20.7 Mil. JDC Group AG's Cost of Goods Sold for the three months ended in Sep. 2023 was €34.1 Mil. Hence, JDC Group AG's Days Payable for the three months ended in Sep. 2023 was 55.48.

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

XTER:JDC' s Days Payable Range Over the Past 10 Years
Min: 52.12 Med: 68.62 Max: 73.05
Current: 52.12

During the past 13 years, JDC Group AG's highest Days Payable was 73.05. The lowest was 52.12. And the median was 68.62.

XTER:JDC's Days Payable is ranked worse than
64% of 75 companies
in the Diversified Financial Services industry
Industry Median: 82.81 vs XTER:JDC: 52.12

JDC Group AG's Days Payable declined from Sep. 2022 (56.21) to Sep. 2023 (55.48). It may suggest that JDC Group AG accelerated paying its suppliers.

JDC Group AG Days Payable Historical Data

The historical data trend for JDC 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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JDC Group AG Days Payable Chart

JDC Group AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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71.26

70.47

67.86

63.98

57.74

JDC Group AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															56.21	53.81	44.76	52.84	55.48

Competitive Comparison of JDC Group AG's Days Payable

For the Financial Conglomerates subindustry, JDC 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.

JDC Group AG's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, JDC Group AG's Days Payable distribution charts can be found below:

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

JDC 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.

JDC 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
=	( (23.796	+	18.132)	/	2 )	/	132.519	*	365
=	20.964					/	132.519	*	365
=	57.74

JDC Group AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (21.383	+	20.07)	/	2 )	/	34.09	*	365 / 4
=	20.7265					/	34.09	*	365 / 4
=	55.48

JDC Group AG Days Payable Related Terms

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JDC Group AG (XTER:JDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » JDC Group AG (XTER:JDC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A8A:Germany JDC:Germany

Address

Sohnleinstrasse 8, Rheingau-Palais, Wiesbaden, DEU, 65201

Website

https://www.jdcgroup.de

JDC Group AG is a financial services company advising its customers and brokers with financial products in Germany and Austria. The company sales platform offers products that cover asset classes such as investment funds and alternative investment funds, structured products, insurance, financing, and real estate. Its brokering financial products include broker pool and technical platforms consisting of Jung, DMS, and Cir.AG. The company's segments include the Advisortech segment, Advisory segment, and Holding segment.

Executives

Dr. Sebastian Grabmaier	Board of Directors
Marcus Rex	Board of Directors
Ralph Konrad	Board of Directors
Klemens Hallmann	Supervisory Board

JDC Group AG (XTER:JDC) Headlines

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