Sino-German United AG (FRA:SGU) Days Payable : 89.14 (As of Dec. 2023)

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What is Sino-German United AG Days Payable?

Sino-German United AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.23 Mil. Sino-German United AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.48 Mil. Hence, Sino-German United AG's Days Payable for the six months ended in Dec. 2023 was 89.14.

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

FRA:SGU' s Days Payable Range Over the Past 10 Years
Min: 3.05 Med: 8.08 Max: 23.31
Current: 23.31

During the past 13 years, Sino-German United AG's highest Days Payable was 23.31. The lowest was 3.05. And the median was 8.08.

FRA:SGU's Days Payable is not ranked
in the Capital Markets industry.
Industry Median: 98.105 vs FRA:SGU: 23.31

Sino-German United AG's Days Payable increased from Dec. 2022 (3.55) to Dec. 2023 (89.14). It may suggest that Sino-German United AG delayed paying its suppliers.

Sino-German United AG Days Payable Historical Data

The historical data trend for Sino-German United 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.

Sino-German United AG Days Payable Chart

Sino-German United AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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8.08

7.66

3.05

5.15

12.27

Sino-German United AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															19.70	1.28	3.55	16.20	89.14

Competitive Comparison of Sino-German United AG's Days Payable

For the Capital Markets subindustry, Sino-German United 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.

Sino-German United AG's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sino-German United AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino-German United AG's Days Payable falls into.

Sino-German United 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.

Sino-German United 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
=	( (0.062	+	0.123)	/	2 )	/	2.751	*	365
=	0.0925					/	2.751	*	365
=	12.27

Sino-German United 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.342	+	0.123)	/	2 )	/	0.476	*	365 / 2
=	0.2325					/	0.476	*	365 / 2
=	89.14

Sino-German United AG Days Payable Related Terms

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Sino-German United AG (FRA:SGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sino-German United AG (FRA:SGU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SGU:Germany

Address

Maximilianstraße 54, Munich, BY, DEU, 80538

Website

http://www.sgu-ag.de

Sino-German United AG is a trading company that focuses on the Chinese and German markets. The trading division of Sino-German United AG is currently focused on the trade in German consumer goods of daily use, Essentially the export of German premium beer to China. In addition, advising German and Chinese companies is part of the Corporate expertise to establish cooperation in economic and cultural promotion areas between China and Germany.