Rubean AG (XTER:R1B) Days Payable : 54.55 (As of Dec. 2023)

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What is Rubean AG Days Payable?

Rubean AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.19 Mil. Rubean AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.28 Mil. Hence, Rubean AG's Days Payable for the six months ended in Dec. 2023 was 27.28.

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

XTER:R1B' s Days Payable Range Over the Past 10 Years
Min: 11.36 Med: 43.55 Max: 124.43
Current: 54.55

During the past 9 years, Rubean AG's highest Days Payable was 124.43. The lowest was 11.36. And the median was 43.55.

XTER:R1B's Days Payable is ranked better than
52% of 2554 companies
in the Software industry
Industry Median: 51.74 vs XTER:R1B: 54.55

Rubean AG's Days Payable increased from Dec. 2021 (43.55) to Dec. 2023 (54.55). It may suggest that Rubean AG delayed paying its suppliers.

Rubean AG Days Payable Historical Data

The historical data trend for Rubean 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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Rubean AG Days Payable Chart

Rubean AG Annual Data

Trend

Oct15

Oct16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.76

73.00

43.55

26.30

54.55

Rubean AG Semi-Annual Data
	Oct15	Oct16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial				34.76	73.00	43.55	26.30	54.55

Competitive Comparison of Rubean AG's Days Payable

For the Software - Infrastructure subindustry, Rubean 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.

Rubean AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Rubean AG's Days Payable distribution charts can be found below:

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

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Rubean 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.

Rubean 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
=	( (0.089	+	0.293)	/	2 )	/	1.278	*	365
=	0.191					/	1.278	*	365
=	54.55

Rubean AG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.089	+	0.293)	/	2 )	/	1.278	*	365 / 2
=	0.191					/	1.278	*	365 / 2
=	27.28

Rubean AG Days Payable Related Terms

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Rubean AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubean AG (XTER:R1B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

R1B:Germany

Address

Kistlerhofstrabe 168, Munich, BY, DEU, 81379

Website

https://www.rubean.de

Rubean AG develops software for the highest quality and security requirements of banks and all companies that actively participate in electronic payment transactions. Rubean's latest developments in the subsidiary Smart Payment Solutions (SPS) GmbH enable a merchant point-of-sale terminal called PhonePOS as a pure smartphone app. The company's product offerings are PhonePOS, RubeanTag, DRubeans, and RubeanSign. PhonePOS is designed for mobile merchants such as street vendors, fast food stands, hair salons, and others.

Executives

Prof. Stefan Mittnik	Supervisory Board
Dr. Peter Von Borch	Supervisory Board
Bernd Martin Krohn	Supervisory Board
Jochen Pielage	Board of Directors

Rubean AG Headlines

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