Netfonds AG (XTER:NF4) Days Payable : 65.25 (As of Dec. 2022)

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What is Netfonds AG Days Payable?

Netfonds AG's average Accounts Payable for the six months ended in Dec. 2022 was €28.7 Mil. Netfonds AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €160.7 Mil. Hence, Netfonds AG's Days Payable for the six months ended in Dec. 2022 was 32.62.

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

XTER:NF4' s Days Payable Range Over the Past 10 Years
Min: 51.93 Med: 56.41 Max: 65.25
Current: 65.25

During the past 7 years, Netfonds AG's highest Days Payable was 65.25. The lowest was 51.93. And the median was 56.41.

XTER:NF4's Days Payable is ranked worse than
61.04% of 77 companies
in the Diversified Financial Services industry
Industry Median: 86.81 vs XTER:NF4: 65.25

Netfonds AG's Days Payable increased from Dec. 2020 (52.83) to Dec. 2022 (65.25). It may suggest that Netfonds AG delayed paying its suppliers.

Netfonds AG Days Payable Historical Data

The historical data trend for Netfonds 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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Netfonds AG Days Payable Chart

Netfonds AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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58.49

54.32

52.83

51.93

65.25

Netfonds AG Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial			58.49	54.32	52.83	51.93	65.25

Competitive Comparison of Netfonds AG's Days Payable

For the Financial Conglomerates subindustry, Netfonds 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.

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

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

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

Netfonds 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.

Netfonds 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
=	( (28.366	+	29.096)	/	2 )	/	160.729	*	365
=	28.731					/	160.729	*	365
=	65.25

Netfonds 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
=	( (28.366	+	29.096)	/	2 )	/	160.729	*	365 / 2
=	28.731					/	160.729	*	365 / 2
=	32.62

Netfonds AG Days Payable Related Terms

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Netfonds AG (XTER:NF4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfonds AG (XTER:NF4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heidenkampsweg 73, Hamburg, NW, DEU, 20097

Website

https://www.netfonds.de

Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

Netfonds AG (XTER:NF4) Headlines

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