AS Bercman Technologies (OTSE:BERCM) Days Payable : 62.58 (As of Dec. 2023)

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What is AS Bercman Technologies Days Payable?

AS Bercman Technologies's average Accounts Payable for the six months ended in Dec. 2023 was €0.17 Mil. AS Bercman Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.51 Mil. Hence, AS Bercman Technologies's Days Payable for the six months ended in Dec. 2023 was 62.58.

The historical rank and industry rank for AS Bercman Technologies's Days Payable or its related term are showing as below:

OTSE:BERCM' s Days Payable Range Over the Past 10 Years
Min: 61.84 Med: 364.41 Max: 1239.48
Current: 61.84

During the past 5 years, AS Bercman Technologies's highest Days Payable was 1239.48. The lowest was 61.84. And the median was 364.41.

OTSE:BERCM's Days Payable is ranked better than
55.79% of 2531 companies
in the Software industry
Industry Median: 50.16 vs OTSE:BERCM: 61.84

AS Bercman Technologies's Days Payable increased from Dec. 2022 (48.78) to Dec. 2023 (62.58). It may suggest that AS Bercman Technologies delayed paying its suppliers.

AS Bercman Technologies Days Payable Historical Data

The historical data trend for AS Bercman Technologies'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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AS Bercman Technologies Days Payable Chart

AS Bercman Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

1,239.48

683.77

364.41

90.67

65.81

AS Bercman Technologies Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			461.29	94.63	48.78	57.54	62.58

Competitive Comparison of AS Bercman Technologies's Days Payable

For the Software - Application subindustry, AS Bercman Technologies'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.

AS Bercman Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, AS Bercman Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where AS Bercman Technologies's Days Payable falls into.

AS Bercman Technologies 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.

AS Bercman Technologies'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
=	( (0.206	+	0.186)	/	2 )	/	1.087	*	365
=	0.196					/	1.087	*	365
=	65.81

AS Bercman Technologies'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
=	( (0.161	+	0.186)	/	2 )	/	0.506	*	365 / 2
=	0.1735					/	0.506	*	365 / 2
=	62.58

AS Bercman Technologies Days Payable Related Terms

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AS Bercman Technologies (OTSE:BERCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AS Bercman Technologies (OTSE:BERCM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riia 26, Tartu maakond, Tartu, EST, 50405

Website

https://www.bercman.com

AS Bercman Technologies is a technology company. It is engaged in the development and sale of Smart City and mobility-related technologies and products to European markets. The company offers solutions related to traffic and public transportation such as Smart Pedestrian Crosswalk, Smart Mobility Hub, Traffic Sensing with V2X, Automatic giving way detection, Smart Intersection Control, and Railway Management Systems. The company's main target market is the European Union Member States, mainly due to the similarities of the Union-wide regulations.

AS Bercman Technologies (OTSE:BERCM) Headlines

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