Avemio AG (XTER:3D6) Days Payable : 27.21 (As of Jun. 2023)

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What is Avemio AG Days Payable?

Avemio AG's average Accounts Payable for the six months ended in Jun. 2023 was €6.10 Mil. Avemio AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €40.91 Mil. Hence, Avemio AG's Days Payable for the six months ended in Jun. 2023 was 27.21.

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

XTER:3D6' s Days Payable Range Over the Past 10 Years
Min: 1.91 Med: 5.37 Max: 273.75
Current: 54.42

During the past 3 years, Avemio AG's highest Days Payable was 273.75. The lowest was 1.91. And the median was 5.37.

XTER:3D6's Days Payable is ranked better than
54.46% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs XTER:3D6: 54.42

Avemio AG's Days Payable increased from Dec. 2021 (3.87) to Jun. 2023 (27.21). It may suggest that Avemio AG delayed paying its suppliers.

Avemio AG Days Payable Historical Data

The historical data trend for Avemio 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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Avemio AG Days Payable Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Days Payable

273.75

1.91

5.37

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial			0.77	182.50	3.87	912.50	27.21

Competitive Comparison of Avemio AG's Days Payable

For the Consulting Services subindustry, Avemio 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.

Avemio AG's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avemio AG's Days Payable distribution charts can be found below:

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

Avemio 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.

Avemio AG's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.002	+	0.005)	/	2 )	/	0.238	*	365
=	0.0035					/	0.238	*	365
=	5.37

Avemio AG'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	+	6.099)	/	1 )	/	40.91	*	365 / 2
=	6.099					/	40.91	*	365 / 2
=	27.21

Avemio AG Days Payable Related Terms

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Avemio AG (XTER:3D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (XTER:3D6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3D6:Germany

Address

Königsallee 60f, Dusseldorf, DEU, 40212

Website

http://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

Avemio AG (XTER:3D6) Headlines

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