VZ Holding AG (LTS:0QLH) Days Payable : 9,433.93 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is VZ Holding AG Days Payable?

VZ Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF4,782.2 Mil. VZ Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF92.5 Mil. Hence, VZ Holding AG's Days Payable for the six months ended in Dec. 2023 was 9,433.93.

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

LTS:0QLH' s Days Payable Range Over the Past 10 Years
Min: 6435.04 Med: 8283.89 Max: 10971.37
Current: 8927.19

During the past 13 years, VZ Holding AG's highest Days Payable was 10971.37. The lowest was 6435.04. And the median was 8283.89.

LTS:0QLH's Days Payable is ranked better than
97.64% of 467 companies
in the Asset Management industry
Industry Median: 68.5 vs LTS:0QLH: 8927.19

VZ Holding AG's Days Payable declined from Dec. 2022 (15,122.59) to Dec. 2023 (9,433.93). It may suggest that VZ Holding AG accelerated paying its suppliers.

VZ Holding AG Days Payable Historical Data

The historical data trend for VZ Holding 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.

VZ Holding AG Days Payable Chart

VZ Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

9,160.73

10,042.51

10,550.24

10,971.37

8,869.11

VZ Holding 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															14,588.86	8,786.36	15,122.59	8,506.53	9,433.93

Competitive Comparison of VZ Holding AG's Days Payable

For the Asset Management subindustry, VZ Holding 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.

VZ Holding AG's Days Payable Distribution in the Asset Management Industry

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

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

VZ Holding 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.

VZ Holding 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
=	( (4434.382	+	4837.364)	/	2 )	/	190.785	*	365
=	4635.873					/	190.785	*	365
=	8,869.11

VZ Holding 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
=	( (4726.938	+	4837.364)	/	2 )	/	92.511	*	365 / 2
=	4782.151					/	92.511	*	365 / 2
=	9,433.93

VZ Holding AG Days Payable Related Terms

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

VZ Holding AG (LTS:0QLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VZ Holding AG (LTS:0QLH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VZNz:UK VZN:Switzerland

Address

Gotthardstrasse 6, Zurich, CHE, 8002

Website

https://www.vzch.com

VZ Holding AG offers financial advisory services for individuals and companies in many areas. The group helps clients plan retirement, investments, and it helps with mortgage financing. VZ also provides assistance with tax optimization. Corporate clients are assisted with benefits planning and risk management. As a holding company, VZ depends on its host of subsidiaries to bring a wealth of services to clients. Altogether, the group delivers assistance with insurance questions, administers and services mortgages, and engages in bank depository activities. Revenue is primarily earned from management fees on assets under management.

VZ Holding AG (LTS:0QLH) Headlines

No Headlines