ZEAL Network SE (XTER:TIMA) Days Payable : 80.09 (As of Mar. 2024)

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What is ZEAL Network SE Days Payable?

ZEAL Network SE's average Accounts Payable for the three months ended in Mar. 2024 was €3.5 Mil. ZEAL Network SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €4.0 Mil. Hence, ZEAL Network SE's Days Payable for the three months ended in Mar. 2024 was 80.09.

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

XTER:TIMA' s Days Payable Range Over the Past 10 Years
Min: 112.51 Med: 144.69 Max: 235.95
Current: 129.75

During the past 13 years, ZEAL Network SE's highest Days Payable was 235.95. The lowest was 112.51. And the median was 144.69.

XTER:TIMA's Days Payable is ranked better than
73.98% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs XTER:TIMA: 129.75

ZEAL Network SE's Days Payable declined from Mar. 2023 (129.37) to Mar. 2024 (80.09). It may suggest that ZEAL Network SE accelerated paying its suppliers.

ZEAL Network SE Days Payable Historical Data

The historical data trend for ZEAL Network 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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ZEAL Network SE Days Payable Chart

ZEAL Network SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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138.19

182.18

139.21

128.34

112.51

ZEAL Network SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															129.37	200.64	182.40	111.56	80.09

Competitive Comparison of ZEAL Network SE's Days Payable

For the Gambling subindustry, ZEAL Network 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.

ZEAL Network SE's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ZEAL Network SE's Days Payable distribution charts can be found below:

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

ZEAL Network 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.

ZEAL Network 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
=	( (3.792	+	3.613)	/	2 )	/	12.011	*	365
=	3.7025					/	12.011	*	365
=	112.51

ZEAL Network SE's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.613	+	3.428)	/	2 )	/	4.011	*	365 / 4
=	3.5205					/	4.011	*	365 / 4
=	80.09

ZEAL Network SE Days Payable Related Terms

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ZEAL Network SE (XTER:TIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TIM:Germany TIMA:Germany TIMA:Germany

Address

Strassenbahnring 11, Hamburg, NI, DEU, 20251

Website

https://www.zealnetwork.de

ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.

Executives

Sönke Martens	Board of Directors
Dr. Helmut Wilhelm Becker	Board of Directors
Jonas Mattsson	Board of Directors
Peter Steiner	Supervisory Board
Frank Strauß	Supervisory Board
Oliver Jaster	Supervisory Board

ZEAL Network SE (XTER:TIMA) Headlines

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