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Colt CZ Group SE (XPRA:CZG) Days Payable : 121.68 (As of Sep. 2023)


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What is Colt CZ Group SE Days Payable?

Colt CZ Group SE's average Accounts Payable for the three months ended in Sep. 2023 was Kč1,874 Mil. Colt CZ Group SE's Cost of Goods Sold for the three months ended in Sep. 2023 was Kč1,406 Mil. Hence, Colt CZ Group SE's Days Payable for the three months ended in Sep. 2023 was 121.68.

The historical rank and industry rank for Colt CZ Group SE's Days Payable or its related term are showing as below:

XPRA:CZG' s Days Payable Range Over the Past 10 Years
Min: 40.17   Med: 52.62   Max: 77.56
Current: 77.56

During the past 6 years, Colt CZ Group SE's highest Days Payable was 77.56. The lowest was 40.17. And the median was 52.62.

XPRA:CZG's Days Payable is ranked better than
50% of 298 companies
in the Aerospace & Defense industry
Industry Median: 76.855 vs XPRA:CZG: 77.56

Colt CZ Group SE's Days Payable increased from Sep. 2022 (100.88) to Sep. 2023 (121.68). It may suggest that Colt CZ Group SE delayed paying its suppliers.


Colt CZ Group SE Days Payable Historical Data

The historical data trend for Colt CZ Group SE'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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Colt CZ Group SE Days Payable Chart

Colt CZ Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 46.61 40.17 46.42 58.62 59.82

Colt CZ Group SE Quarterly Data
Dec17 Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.88 45.10 91.89 78.26 121.68

Competitive Comparison of Colt CZ Group SE's Days Payable

For the Aerospace & Defense subindustry, Colt CZ Group SE'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.


Colt CZ Group SE's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Colt CZ Group SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Colt CZ Group SE's Days Payable falls into.



Colt CZ Group SE 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.

Colt CZ Group SE's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1116.373 + 1154.955) / 2 ) / 6929.961*365
=1135.664 / 6929.961*365
=59.82

Colt CZ Group SE's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2054.483 + 1694.459) / 2 ) / 1405.659*365 / 4
=1874.471 / 1405.659*365 / 4
=121.68

* 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.


Colt CZ Group SE Days Payable Related Terms

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Colt CZ Group SE (XPRA:CZG) Business Description

Traded in Other Exchanges
Address
Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00
Colt CZ Group SE is engaged in the defense sector. The company is a producer of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other civilian use. The firm's operating segments are Production, purchase, and sale of firearms and accessories which contributes the majority of revenue and other segments.

Colt CZ Group SE (XPRA:CZG) Headlines

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