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Hydratec Industries NV (XAMS:HYDRA) Days Payable : 39.57 (As of Dec. 2023)


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What is Hydratec Industries NV Days Payable?

Hydratec Industries NV's average Accounts Payable for the six months ended in Dec. 2023 was €18.0 Mil. Hydratec Industries NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €83.1 Mil. Hence, Hydratec Industries NV's Days Payable for the six months ended in Dec. 2023 was 39.57.

The historical rank and industry rank for Hydratec Industries NV's Days Payable or its related term are showing as below:

XAMS:HYDRA' s Days Payable Range Over the Past 10 Years
Min: 46.47   Med: 66.5   Max: 75.81
Current: 46.47

During the past 13 years, Hydratec Industries NV's highest Days Payable was 75.81. The lowest was 46.47. And the median was 66.50.

XAMS:HYDRA's Days Payable is ranked worse than
79.51% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.84 vs XAMS:HYDRA: 46.47

Hydratec Industries NV's Days Payable increased from Dec. 2022 (37.73) to Dec. 2023 (39.57). It may suggest that Hydratec Industries NV delayed paying its suppliers.


Hydratec Industries NV Days Payable Historical Data

The historical data trend for Hydratec Industries NV'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.

Hydratec Industries NV Days Payable Chart

Hydratec Industries NV 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 74.63 68.12 50.91 47.14 47.99

Hydratec Industries NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.03 62.93 37.73 53.78 39.57

Competitive Comparison of Hydratec Industries NV's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Hydratec Industries NV'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.


Hydratec Industries NV's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydratec Industries NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Hydratec Industries NV's Days Payable falls into.



Hydratec Industries NV 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.

Hydratec Industries NV'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
=( (19.857 + 18.61) / 2 ) / 146.283*365
=19.2335 / 146.283*365
=47.99

Hydratec Industries NV'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
=( (17.407 + 18.61) / 2 ) / 83.056*365 / 2
=18.0085 / 83.056*365 / 2
=39.57

* 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.


Hydratec Industries NV Days Payable Related Terms

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Hydratec Industries NV (XAMS:HYDRA) Business Description

Traded in Other Exchanges
Address
Nijverheidsweg Noord 59B, P.O. Box 328, Amersfoort, NLD, 3800 AH
Hydratec Industries NV is an industrial holding company which supplies high-quality industrial systems and components. The business activity of the group includes designing, developing and producing agricultural and food equipment; and plastics-parts and packaging products. It holds strong positions in the global agricultural and food markets; and Benelux and German plastic products and packaging industries. Geographically, the activities are carried out through the Netherlands.

Hydratec Industries NV (XAMS:HYDRA) Headlines

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