Elma Electronic AG (XSWX:ELMN) Days Payable : 40.15 (As of Dec. 2023)

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What is Elma Electronic AG Days Payable?

Elma Electronic AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF13.1 Mil. Elma Electronic AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF59.3 Mil. Hence, Elma Electronic AG's Days Payable for the six months ended in Dec. 2023 was 40.15.

The historical rank and industry rank for Elma Electronic AG's Days Payable or its related term are showing as below:

XSWX:ELMN' s Days Payable Range Over the Past 10 Years
Min: 33.06 Med: 35.33 Max: 38.19
Current: 38.12

During the past 13 years, Elma Electronic AG's highest Days Payable was 38.19. The lowest was 33.06. And the median was 35.33.

XSWX:ELMN's Days Payable is ranked worse than
80.07% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs XSWX:ELMN: 38.12

Elma Electronic AG's Days Payable increased from Dec. 2022 (31.31) to Dec. 2023 (40.15). It may suggest that Elma Electronic AG delayed paying its suppliers.

Elma Electronic AG Days Payable Historical Data

The historical data trend for Elma Electronic AG'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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Elma Electronic AG Days Payable Chart

Elma Electronic AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.35

34.30

33.49

33.06

35.30

Elma Electronic AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															36.25	32.18	31.31	38.91	40.15

Competitive Comparison of Elma Electronic AG's Days Payable

For the Computer Hardware subindustry, Elma Electronic AG'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.

Elma Electronic AG's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Elma Electronic AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Elma Electronic AG's Days Payable falls into.

Elma Electronic AG 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.

Elma Electronic AG'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
=	( (10.495	+	12.098)	/	2 )	/	116.813	*	365
=	11.2965					/	116.813	*	365
=	35.30

Elma Electronic AG'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
=	( (14.011	+	12.098)	/	2 )	/	59.337	*	365 / 2
=	13.0545					/	59.337	*	365 / 2
=	40.15

Elma Electronic AG Days Payable Related Terms

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Elma Electronic AG (XSWX:ELMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elma Electronic AG (XSWX:ELMN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hofstrasse 93, Wetzikon, CHE, 8620

Website

http://www.elma.com

Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.

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