technotrans SE (XTER:TTR1) Days Payable : 15.99 (As of Mar. 2024)

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What is technotrans SE Days Payable?

technotrans SE's average Accounts Payable for the three months ended in Mar. 2024 was €7.3 Mil. technotrans SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €41.7 Mil. Hence, technotrans SE's Days Payable for the three months ended in Mar. 2024 was 15.99.

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

XTER:TTR1' s Days Payable Range Over the Past 10 Years
Min: 9.15 Med: 12.33 Max: 17.8
Current: 17.8

During the past 13 years, technotrans SE's highest Days Payable was 17.80. The lowest was 9.15. And the median was 12.33.

XTER:TTR1's Days Payable is ranked worse than
95.83% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs XTER:TTR1: 17.80

technotrans SE's Days Payable declined from Mar. 2023 (16.54) to Mar. 2024 (15.99). It may suggest that technotrans SE accelerated paying its suppliers.

technotrans SE Days Payable Historical Data

The historical data trend for technotrans 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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technotrans SE Days Payable Chart

technotrans SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.42

10.33

9.15

12.50

13.79

technotrans 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															16.54	19.24	18.08	17.20	15.99

Competitive Comparison of technotrans SE's Days Payable

For the Specialty Industrial Machinery subindustry, technotrans 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.

technotrans SE's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, technotrans SE's Days Payable distribution charts can be found below:

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

technotrans 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.

technotrans 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
=	( (7.363	+	7.165)	/	2 )	/	192.274	*	365
=	7.264					/	192.274	*	365
=	13.79

technotrans 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
=	( (7.165	+	7.459)	/	2 )	/	41.739	*	365 / 4
=	7.312					/	41.739	*	365 / 4
=	15.99

technotrans SE Days Payable Related Terms

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technotrans SE (XTER:TTR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » technotrans SE (XTER:TTR1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTR1:Germany TTR1:Germany TTR1:Germany

Address

Robert-Linnemann-Strasse 17, Sassenberg, DEU, D - 48336

Website

https://www.technotrans.com

technotrans SE is a technology and services group with worldwide operations. The company focuses on application-specific solutions in the area of thermal management. As an integral component of customer systems, these solutions optimize energy consumption and govern the temperatures encountered in sophisticated technological applications. Technotrans has defined the four focus markets Plastics, Energy Management (including electric mobility, high power charging stations, and data centres), Healthcare & Analytics and Print. It also develops specialized cooling and filtration solutions for the Laser & Machine Tools area. The firm also offers an extensive portfolio of services including installation, maintenance, repair, a 24/7 parts supply, and technical documentation.

Executives

Michael Finger	Board of Directors
Peter Hirsch	Board of Directors

technotrans SE (XTER:TTR1) Headlines

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