Grupul Industrial Electrocontact (BSE:ECT) Days Payable : 0.00 (As of Jun. 2023)

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What is Grupul Industrial Electrocontact Days Payable?

Grupul Industrial Electrocontact's average Accounts Payable for the six months ended in Jun. 2023 was lei0.23 Mil. Grupul Industrial Electrocontact's Cost of Goods Sold for the six months ended in Jun. 2023 was lei0.00 Mil.

The historical rank and industry rank for Grupul Industrial Electrocontact's Days Payable or its related term are showing as below:

BSE:ECT' s Days Payable Range Over the Past 10 Years
Min: 273.79 Med: 744.17 Max: 96725
Current: 95021.67

During the past 13 years, Grupul Industrial Electrocontact's highest Days Payable was 96725.00. The lowest was 273.79. And the median was 744.17.

BSE:ECT's Days Payable is ranked better than
99.97% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs BSE:ECT: 95021.67

Grupul Industrial Electrocontact's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Grupul Industrial Electrocontact Days Payable Historical Data

The historical data trend for Grupul Industrial Electrocontact'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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Grupul Industrial Electrocontact Days Payable Chart

Grupul Industrial Electrocontact Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Days Payable

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3,393.86

23,037.12

4,327.17

96,725.00

Grupul Industrial Electrocontact Semi-Annual Data
	Dec11	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	-	-	51,556.25	-

Competitive Comparison of Grupul Industrial Electrocontact's Days Payable

For the Specialty Industrial Machinery subindustry, Grupul Industrial Electrocontact'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.

Grupul Industrial Electrocontact's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Grupul Industrial Electrocontact's Days Payable falls into.

Grupul Industrial Electrocontact 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.

Grupul Industrial Electrocontact's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.196	+	0.242)	/	2 )	/	0	*	365
=	0.219					/	0	*	365
=	N/A

Grupul Industrial Electrocontact'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: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.242	+	0.216)	/	2 )	/	0	*	365 / 2
=	0.229					/	0	*	365 / 2
=	N/A

Grupul Industrial Electrocontact Days Payable Related Terms

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Grupul Industrial Electrocontact (BSE:ECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grupul Industrial Electrocontact SA (BSE:ECT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calea Nationala nr. 6, Botosani, ROU, 710010

Website

http://www.electrocontact.ro

Grupul Industrial Electrocontact S.A. provides solutions for equipment related to control and distribution for home and industrial use. Some of its products are electric explosion-proof equipment, proximity inductive & optoelectronic switches & junction.

Grupul Industrial Electrocontact (BSE:ECT) Headlines

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