Dierig Holding AG (STU:DIE) Days Payable : 37.44 (As of Dec. 2023)

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What is Dierig Holding AG Days Payable?

Dierig Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was €2.28 Mil. Dierig Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €11.11 Mil. Hence, Dierig Holding AG's Days Payable for the six months ended in Dec. 2023 was 37.44.

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

STU:DIE' s Days Payable Range Over the Past 10 Years
Min: 24.91 Med: 29 Max: 41.12
Current: 39.38

During the past 13 years, Dierig Holding AG's highest Days Payable was 41.12. The lowest was 24.91. And the median was 29.00.

STU:DIE's Days Payable is ranked worse than
65.72% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs STU:DIE: 39.38

Dierig Holding AG's Days Payable increased from Dec. 2022 (36.42) to Dec. 2023 (37.44). It may suggest that Dierig Holding AG delayed paying its suppliers.

Dierig Holding AG Days Payable Historical Data

The historical data trend for Dierig Holding 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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Dierig Holding AG Days Payable Chart

Dierig Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.20

31.00

35.82

41.12

40.37

Dierig Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															30.99	40.68	36.42	40.22	37.44

Competitive Comparison of Dierig Holding AG's Days Payable

For the Textile Manufacturing subindustry, Dierig Holding 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.

Dierig Holding AG's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dierig Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Dierig Holding AG's Days Payable falls into.

Dierig Holding 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.

Dierig Holding AG'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
=	( (2.978	+	2.171)	/	2 )	/	23.277	*	365
=	2.5745					/	23.277	*	365
=	40.37

Dierig Holding AG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.386	+	2.171)	/	2 )	/	11.106	*	365 / 2
=	2.2785					/	11.106	*	365 / 2
=	37.44

Dierig Holding AG Days Payable Related Terms

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Dierig Holding AG (STU:DIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dierig Holding AG (STU:DIE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DIE:Germany

Address

Kirchbergstr. 23, Augsburg, DEU, 86157

Website

https://www.dierig.de

Dierig Holding AG is active, along with it's subsidiaries in the textiles and real estate and property trades.

Dierig Holding AG (STU:DIE) Headlines

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