Hydract A/S (OCSE:HYDRCT) Days Payable : 144.63 (As of Dec. 2023)

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What is Hydract A/S Days Payable?

Hydract A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr4.42 Mil. Hydract A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr5.57 Mil. Hence, Hydract A/S's Days Payable for the six months ended in Dec. 2023 was 144.63.

The historical rank and industry rank for Hydract A/S's Days Payable or its related term are showing as below:

OCSE:HYDRCT' s Days Payable Range Over the Past 10 Years
Min: 92.9 Med: 164.36 Max: 357.08
Current: 181.02

During the past 5 years, Hydract A/S's highest Days Payable was 357.08. The lowest was 92.90. And the median was 164.36.

OCSE:HYDRCT's Days Payable is ranked better than
83.51% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs OCSE:HYDRCT: 181.02

Hydract A/S's Days Payable increased from Dec. 2022 (126.46) to Dec. 2023 (144.63). It may suggest that Hydract A/S delayed paying its suppliers.

Hydract A/S Days Payable Historical Data

The historical data trend for Hydract A/S'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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Hydract A/S Days Payable Chart

Hydract A/S Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

92.90

130.34

357.08

234.98

164.36

Hydract A/S Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				172.47	397.93	126.46	390.41	144.63

Competitive Comparison of Hydract A/S's Days Payable

For the Specialty Industrial Machinery subindustry, Hydract A/S'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.

Hydract A/S's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydract A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Hydract A/S's Days Payable falls into.

Hydract A/S 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.

Hydract A/S'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
=	( (1.302	+	4.831)	/	2 )	/	6.81	*	365
=	3.0665					/	6.81	*	365
=	164.36

Hydract A/S'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
=	( (3.999	+	4.831)	/	2 )	/	5.571	*	365 / 2
=	4.415					/	5.571	*	365 / 2
=	144.63

Hydract A/S Days Payable Related Terms

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Hydract A/S (OCSE:HYDRCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydract A/S (OCSE:HYDRCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8X3:Germany

Address

Nybovej 34, Holstebro, DNK, DK-7500

Website

https://www.hydract.com

Hydract A/S has developed a patent-protected green tech solution that makes the production of beverage manufacturers more sustainable. The HYDRACT water hydraulic valve can control even large liquid flows under varying conditions with very high precision and reliability, because it uses water for operating the valve.

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