Trade & Value AG (HAM:TAV) Days Payable : 1.36 (As of Dec. 2022)

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What is Trade & Value AG Days Payable?

Trade & Value AG's average Accounts Payable for the six months ended in Dec. 2022 was €0.02 Mil. Trade & Value AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €4.84 Mil. Hence, Trade & Value AG's Days Payable for the six months ended in Dec. 2022 was 0.68.

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

HAM:TAV' s Days Payable Range Over the Past 10 Years
Min: 1.36 Med: 4.42 Max: 8.23
Current: 1.36

During the past 13 years, Trade & Value AG's highest Days Payable was 8.23. The lowest was 1.36. And the median was 4.42.

HAM:TAV's Days Payable is ranked worse than
97.88% of 472 companies
in the Asset Management industry
Industry Median: 70.635 vs HAM:TAV: 1.36

Trade & Value AG's Days Payable declined from Dec. 2020 (1.46) to Dec. 2022 (1.36). It may suggest that Trade & Value AG accelerated paying its suppliers.

Trade & Value AG Days Payable Historical Data

The historical data trend for Trade & Value 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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Trade & Value AG Days Payable Chart

Trade & Value AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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8.23

5.76

1.46

3.08

1.36

Trade & Value AG Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial										8.23	5.76	1.46	3.08	1.36

Competitive Comparison of Trade & Value AG's Days Payable

For the Asset Management subindustry, Trade & Value 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.

Trade & Value AG's Days Payable Distribution in the Asset Management Industry

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

* The bar in red indicates where Trade & Value AG's Days Payable falls into.

Trade & Value 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.

Trade & Value 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
=	( (0.002	+	0.034)	/	2 )	/	4.836	*	365
=	0.018					/	4.836	*	365
=	1.36

Trade & Value 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
=	( (0.002	+	0.034)	/	2 )	/	4.836	*	365 / 2
=	0.018					/	4.836	*	365 / 2
=	0.68

Trade & Value AG Days Payable Related Terms

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Trade & Value AG (HAM:TAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trade & Value AG (HAM:TAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amalienstrasse 17 - 21, Oldenburg, DEU, 26135

Website

http://www.tav.ag

Trade & Value AG is an asset management company operating in Germany. The company focuses on investing in valued companies, undervalued assets, and turnaround stocks.

Executives

Oliver Dornisch

Board of Directors

Trade & Value AG (HAM:TAV) Headlines

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