Msg Life AG (HAM:MSGL) Days Payable : 37.98 (As of Dec. 2022)

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What is Msg Life AG Days Payable?

Msg Life AG's average Accounts Payable for the six months ended in Dec. 2022 was €4.2 Mil. Msg Life AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €40.8 Mil. Hence, Msg Life AG's Days Payable for the six months ended in Dec. 2022 was 18.99.

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

HAM:MSGL' s Days Payable Range Over the Past 10 Years
Min: 4.63 Med: 16.07 Max: 411.89
Current: 37.98

During the past 13 years, Msg Life AG's highest Days Payable was 411.89. The lowest was 4.63. And the median was 16.07.

HAM:MSGL's Days Payable is ranked worse than
58.64% of 2529 companies
in the Software industry
Industry Median: 50.36 vs HAM:MSGL: 37.98

Msg Life AG's Days Payable increased from Dec. 2020 (15.77) to Dec. 2022 (37.98). It may suggest that Msg Life AG delayed paying its suppliers.

Msg Life AG Days Payable Historical Data

The historical data trend for Msg Life 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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Msg Life AG Days Payable Chart

Msg Life AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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51.80

26.16

15.77

16.07

37.98

Msg Life AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial													51.80	26.16	15.77	16.07	37.98

Competitive Comparison of Msg Life AG's Days Payable

For the Software - Application subindustry, Msg Life 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.

Msg Life AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Msg Life AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Msg Life AG's Days Payable falls into.

Msg Life 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.

Msg Life AG'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
=	( (3.068	+	5.415)	/	2 )	/	40.759	*	365
=	4.2415					/	40.759	*	365
=	37.98

Msg Life AG's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3.068	+	5.415)	/	2 )	/	40.759	*	365 / 2
=	4.2415					/	40.759	*	365 / 2
=	18.99

Msg Life AG Days Payable Related Terms

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Msg Life AG (HAM:MSGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Msg Life AG (HAM:MSGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.msg-life.com

Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Poland, and Benelux.

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