Masterflex SE (XTER:MZX) Days Payable : 31.33 (As of Dec. 2023)

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What is Masterflex SE Days Payable?

Masterflex SE's average Accounts Payable for the three months ended in Dec. 2023 was €2.4 Mil. Masterflex SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €7.0 Mil. Hence, Masterflex SE's Days Payable for the three months ended in Dec. 2023 was 31.33.

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

XTER:MZX' s Days Payable Range Over the Past 10 Years
Min: 23.84 Med: 29.55 Max: 34.16
Current: 34.16

During the past 13 years, Masterflex SE's highest Days Payable was 34.16. The lowest was 23.84. And the median was 29.55.

XTER:MZX's Days Payable is ranked worse than
76.62% of 1501 companies
in the Chemicals industry
Industry Median: 60.45 vs XTER:MZX: 34.16

Masterflex SE's Days Payable declined from Dec. 2022 (32.70) to Dec. 2023 (31.33). It may suggest that Masterflex SE accelerated paying its suppliers.

Masterflex SE Days Payable Historical Data

The historical data trend for Masterflex 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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Masterflex SE Days Payable Chart

Masterflex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.10

30.76

26.49

23.84

24.96

Masterflex SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															32.70	35.58	42.98	35.18	31.33

Competitive Comparison of Masterflex SE's Days Payable

For the Specialty Chemicals subindustry, Masterflex 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.

Masterflex SE's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Masterflex SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Masterflex SE's Days Payable falls into.

Masterflex 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.

Masterflex SE'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
=	( (2.368	+	2.023)	/	2 )	/	32.111	*	365
=	2.1955					/	32.111	*	365
=	24.96

Masterflex SE'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.809	+	2.023)	/	2 )	/	7.037	*	365 / 4
=	2.416					/	7.037	*	365 / 4
=	31.33

Masterflex SE Days Payable Related Terms

Thank you for viewing the detailed overview of Masterflex SE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Masterflex SE (XTER:MZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Masterflex SE (XTER:MZX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MZX:Germany

Address

Willy-Brandt-Allee 300, Gelsenkirchen, DEU, 45891

Website

https://www.masterflexgroup.com

Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.

Executives

Jan Van Der Zouw

Supervisory Board

Masterflex SE (XTER:MZX) Headlines

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