mic AG (XTER:M3BK) Days Payable : 97.05 (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is mic AG Days Payable?

mic AG's average Accounts Payable for the six months ended in Jun. 2023 was €15.87 Mil. mic AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €29.83 Mil. Hence, mic AG's Days Payable for the six months ended in Jun. 2023 was 97.05.

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

XTER:M3BK' s Days Payable Range Over the Past 10 Years
Min: 18.31 Med: 40.59 Max: 292.33
Current: 292.33

During the past 13 years, mic AG's highest Days Payable was 292.33. The lowest was 18.31. And the median was 40.59.

XTER:M3BK's Days Payable is ranked better than
77.78% of 468 companies
in the Asset Management industry
Industry Median: 68.825 vs XTER:M3BK: 292.33

mic AG's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (97.05). It may suggest that mic AG delayed paying its suppliers.

mic AG Days Payable Historical Data

The historical data trend for mic 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.

mic AG Days Payable Chart

mic AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

68.07

mic AG Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	97.05

Competitive Comparison of mic AG's Days Payable

For the Asset Management subindustry, mic 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.

mic AG's Days Payable Distribution in the Asset Management Industry

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

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

mic 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.

mic 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
=	( (2.161	+	26.542)	/	2 )	/	76.957	*	365
=	14.3515					/	76.957	*	365
=	68.07

mic 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
=	( (26.542	+	5.188)	/	2 )	/	29.833	*	365 / 2
=	15.865					/	29.833	*	365 / 2
=	97.05

mic AG Days Payable Related Terms

Thank you for viewing the detailed overview of mic AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

mic AG (XTER:M3BK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » mic AG (XTER:M3BK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M3BK:Germany M3BK:Germany

Address

Denisstrabe 1b, Munich, DEU, 80335

Website

http://www.mic-ag.eu

mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.

Executives

Dr. Jürgen Gromer	Supervisory Board
Arne Weber	Board of Directors
Andreas Empl	Board of Directors
Ralph Weidenmann	Supervisory Board
Peter Trosien	Board of Directors

mic AG (XTER:M3BK) Headlines

No Headlines