Hagen Bikes Holding AS (OTSE:HAGEN) Days Payable : 47.13 (As of Jun. 2023)

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What is Hagen Bikes Holding AS Days Payable?

Hagen Bikes Holding AS's average Accounts Payable for the six months ended in Jun. 2023 was €0.05 Mil. Hagen Bikes Holding AS's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.18 Mil. Hence, Hagen Bikes Holding AS's Days Payable for the six months ended in Jun. 2023 was 47.13.

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

OTSE:HAGEN' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 94.26
Current: 94.26

During the past 2 years, Hagen Bikes Holding AS's highest Days Payable was 94.26. The lowest was 0.00. And the median was 0.00.

OTSE:HAGEN's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 59.8 vs OTSE:HAGEN: 94.26

Hagen Bikes Holding AS's Days Payable increased from Jan. 2021 (0.00) to Jun. 2023 (47.13). It may suggest that Hagen Bikes Holding AS delayed paying its suppliers.

Hagen Bikes Holding AS Days Payable Historical Data

The historical data trend for Hagen Bikes Holding AS'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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Hagen Bikes Holding AS Days Payable Chart

Hagen Bikes Holding AS Annual Data

Trend

Jan19

Jan20

Days Payable

Hagen Bikes Holding AS Semi-Annual Data
	Jan19	Jan20	Jan21	Jun22	Jun23
Days Payable	-	-	-	14.81	47.13

Competitive Comparison of Hagen Bikes Holding AS's Days Payable

For the Leisure subindustry, Hagen Bikes Holding AS'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.

Hagen Bikes Holding AS's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hagen Bikes Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Hagen Bikes Holding AS's Days Payable falls into.

Hagen Bikes Holding AS 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.

Hagen Bikes Holding AS's Days Payable for the fiscal year that ended in Jan. 2020 is calculated as

	Days Payable (A: Jan. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2019 )	+	Accounts Payable (A: Jan. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2020 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.009	*	365
=	0					/	0.009	*	365
=	0.00

Hagen Bikes Holding AS's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.013	+	0.081)	/	2 )	/	0.182	*	365 / 2
=	0.047					/	0.182	*	365 / 2
=	47.13

Hagen Bikes Holding AS Days Payable Related Terms

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Hagen Bikes Holding AS (OTSE:HAGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hagen Bikes Holding AS (OTSE:HAGEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kopli tee 1/2-5, Peetri Township, Harju County, Rae Parish, EST

Website

https://www.hagenbikes.com

Hagen Bikes Holding AS is engaged in the production and development of cargo and box bicycles.

Hagen Bikes Holding AS (OTSE:HAGEN) Headlines

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