Hoffmann Green Cement Technologies (XPAR:ALHGR) Days Payable : 221.35 (As of Dec. 2023)

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What is Hoffmann Green Cement Technologies Days Payable?

Hoffmann Green Cement Technologies's average Accounts Payable for the six months ended in Dec. 2023 was €3.51 Mil. Hoffmann Green Cement Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.89 Mil. Hence, Hoffmann Green Cement Technologies's Days Payable for the six months ended in Dec. 2023 was 221.35.

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

XPAR:ALHGR' s Days Payable Range Over the Past 10 Years
Min: 313.69 Med: 1047.03 Max: 9609.57
Current: 313.69

During the past 8 years, Hoffmann Green Cement Technologies's highest Days Payable was 9609.57. The lowest was 313.69. And the median was 1047.03.

XPAR:ALHGR's Days Payable is ranked better than
93.53% of 371 companies
in the Building Materials industry
Industry Median: 67.69 vs XPAR:ALHGR: 313.69

Hoffmann Green Cement Technologies's Days Payable declined from Dec. 2022 (253.07) to Dec. 2023 (221.35). It may suggest that Hoffmann Green Cement Technologies accelerated paying its suppliers.

Hoffmann Green Cement Technologies Days Payable Historical Data

The historical data trend for Hoffmann Green Cement 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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Hoffmann Green Cement Technologies Days Payable Chart

Hoffmann Green Cement Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,372.63

721.42

348.46

Hoffmann Green Cement Technologies Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								638.26	-	253.07	459.83	221.35

Competitive Comparison of Hoffmann Green Cement Technologies's Days Payable

For the Building Materials subindustry, Hoffmann Green Cement 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.

Hoffmann Green Cement Technologies's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hoffmann Green Cement Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoffmann Green Cement Technologies's Days Payable falls into.

Hoffmann Green Cement 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.

Hoffmann Green Cement 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
=	( (3.857	+	4.193)	/	2 )	/	4.216	*	365
=	4.025					/	4.216	*	365
=	348.46

Hoffmann Green Cement 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
=	( (2.82	+	4.193)	/	2 )	/	2.891	*	365 / 2
=	3.5065					/	2.891	*	365 / 2
=	221.35

Hoffmann Green Cement Technologies Days Payable Related Terms

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Hoffmann Green Cement Technologies (XPAR:ALHGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hoffmann Green Cement Technologies (XPAR:ALHGR) » Definitions » Days Payable

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0VW:Germany

Address

6 rue de la Bretaudiere, Chaille under the Ormeaux, Rives-de-l Yon, FRA, 85310

Website

https://www.ciments-hoffmann.com

Hoffmann Green Cement Technologies is engaged in the production of cement for construction and land use planning.

Hoffmann Green Cement Technologies (XPAR:ALHGR) Headlines

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