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AB Effectenbeteiligungen AG (WBO:ABE) Days Payable : 1,451.31 (As of Dec. 2023)


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What is AB Effectenbeteiligungen AG Days Payable?

AB Effectenbeteiligungen AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.08 Mil. AB Effectenbeteiligungen AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.02 Mil. Hence, AB Effectenbeteiligungen AG's Days Payable for the six months ended in Dec. 2023 was 725.65.

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

WBO:ABE' s Days Payable Range Over the Past 10 Years
Min: 31.4   Med: 219.4   Max: 1451.31
Current: 1451.31

During the past 13 years, AB Effectenbeteiligungen AG's highest Days Payable was 1451.31. The lowest was 31.40. And the median was 219.40.

WBO:ABE's Days Payable is ranked better than
91.95% of 472 companies
in the Asset Management industry
Industry Median: 70.635 vs WBO:ABE: 1451.31

AB Effectenbeteiligungen AG's Days Payable increased from Dec. 2021 (327.27) to Dec. 2023 (1,451.31). It may suggest that AB Effectenbeteiligungen AG delayed paying its suppliers.

AB Effectenbeteiligungen AG Days Payable Historical Data

The historical data trend for AB Effectenbeteiligungen 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.

* Premium members only.

AB Effectenbeteiligungen AG Days Payable Chart

AB Effectenbeteiligungen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 31.40 327.27 111.53 1,451.31

AB Effectenbeteiligungen AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 31.40 327.27 111.53 1,451.31

Competitive Comparison of AB Effectenbeteiligungen AG's Days Payable

For the Asset Management subindustry, AB Effectenbeteiligungen 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.

AB Effectenbeteiligungen AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AB Effectenbeteiligungen AG's Days Payable distribution charts can be found below:

* The bar in red indicates where AB Effectenbeteiligungen AG's Days Payable falls into.


AB Effectenbeteiligungen 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.

AB Effectenbeteiligungen 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
=( (0.085 + 0.082) / 2 ) / 0.021*365
=0.0835 / 0.021*365
=1,451.31

AB Effectenbeteiligungen 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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.085 + 0.082) / 2 ) / 0.021*365 / 2
=0.0835 / 0.021*365 / 2
=725.65

* 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.

AB Effectenbeteiligungen AG Days Payable Related Terms

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AB Effectenbeteiligungen AG (WBO:ABE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AB Effectenbeteiligungen AG (WBO:ABE) » Definitions » Days Payable
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Traded in Other Exchanges
JPH:Germany
Address
Lehen 68, Innerschwand, Mondsee, AUT, A-5311
Website
https://www.abe-ag.at
AB Effectenbeteiligungen AG is engaged in the investment in undervalued small-cap and mid-cap companies. Its focus is on investments in long-term sustainable value shares, which are meaningfully supplemented by more liquid shares with at least a medium maturity. The company focuses on investments focusing on Germany and Austria.