VK Muehlen AG (FRA:VKL) Days Payable : 28.19 (As of Mar. 2014)

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What is VK Muehlen AG Days Payable?

VK Muehlen AG's average Accounts Payable for the six months ended in Mar. 2014 was €25.6 Mil. VK Muehlen AG's Cost of Goods Sold for the six months ended in Mar. 2014 was €165.9 Mil. Hence, VK Muehlen AG's Days Payable for the six months ended in Mar. 2014 was 28.19.

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

FRA:VKL' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 26.5
Current: 26.5

During the past 5 years, VK Muehlen AG's highest Days Payable was 26.50. The lowest was 0.00. And the median was 0.00.

FRA:VKL's Days Payable is not ranked
in the industry.
Industry Median: vs FRA:VKL: 26.50

VK Muehlen AG's Days Payable increased from Mar. 2013 (22.16) to Mar. 2014 (28.19). It may suggest that VK Muehlen AG delayed paying its suppliers.

VK Muehlen AG Days Payable Historical Data

The historical data trend for VK Muehlen 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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VK Muehlen AG Days Payable Chart

VK Muehlen AG Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Days Payable

31.47

22.75

VK Muehlen AG Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Days Payable	Get a 7-Day Free Trial				38.62	24.08	22.16	25.58	28.19

Competitive Comparison of VK Muehlen AG's Days Payable

For the subindustry, VK Muehlen 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.

VK Muehlen AG's Days Payable Distribution in the Industry

For the industry and sector, VK Muehlen AG's Days Payable distribution charts can be found below:

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

VK Muehlen 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.

VK Muehlen AG's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

	Days Payable (A: Sep. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2012 )	+	Accounts Payable (A: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2013 )	*	Days in Period
=	( (23.527	+	25.624)	/	2 )	/	394.297	*	365
=	24.5755					/	394.297	*	365
=	22.75

VK Muehlen AG's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

	Days Payable (Q: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2013 )	+	Accounts Payable (Q: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
=	( (25.624	+	0)	/	1 )	/	165.885	*	365 / 2
=	25.624					/	165.885	*	365 / 2
=	28.19

VK Muehlen AG Days Payable Related Terms

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VK Muehlen AG (FRA:VKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » VK Muehlen AG (FRA:VKL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vkmuehlen.de

VK Muehlen AG is engaged in the development and production of grain and cereal meals products.

VK Muehlen AG (FRA:VKL) Headlines

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