Sidetrade (XPAR:ALBFR) Days Payable : 12.79 (As of Dec. 2023)

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What is Sidetrade Days Payable?

Sidetrade's average Accounts Payable for the six months ended in Dec. 2023 was €1.22 Mil. Sidetrade's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.47 Mil. Hence, Sidetrade's Days Payable for the six months ended in Dec. 2023 was 12.79.

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

XPAR:ALBFR' s Days Payable Range Over the Past 10 Years
Min: 12.4 Med: 24.26 Max: 39.24
Current: 12.4

During the past 13 years, Sidetrade's highest Days Payable was 39.24. The lowest was 12.40. And the median was 24.26.

XPAR:ALBFR's Days Payable is ranked worse than
88.85% of 2538 companies
in the Software industry
Industry Median: 50.19 vs XPAR:ALBFR: 12.40

Sidetrade's Days Payable declined from Dec. 2022 (20.09) to Dec. 2023 (12.79). It may suggest that Sidetrade accelerated paying its suppliers.

Sidetrade Days Payable Historical Data

The historical data trend for Sidetrade'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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Sidetrade Days Payable Chart

Sidetrade Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.73

18.56

15.59

14.78

12.73

Sidetrade 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															13.21	23.96	20.09	11.68	12.79

Competitive Comparison of Sidetrade's Days Payable

For the Software - Application subindustry, Sidetrade'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.

Sidetrade's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Sidetrade's Days Payable falls into.

Sidetrade 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.

Sidetrade'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
=	( (1.126	+	1.321)	/	2 )	/	35.087	*	365
=	1.2235					/	35.087	*	365
=	12.73

Sidetrade'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
=	( (1.128	+	1.321)	/	2 )	/	17.471	*	365 / 2
=	1.2245					/	17.471	*	365 / 2
=	12.79

Sidetrade Days Payable Related Terms

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Sidetrade (XPAR:ALBFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sidetrade SA (XPAR:ALBFR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7QG:Germany

Address

114 rue, Boulogne-Billancourt, FRA, 92100

Website

http://www.sidetrade.com

Sidetrade SA is a developer of a software-as-a-service platform intended to secure and accelerate cash flow. The company's platform predicts customer payment behavior worldwide, it recommends the cash collection strategies, intelligently automates actions on the order-to-cash process, and dematerializes customer transactions to enhance productivity, performance, and working capital management, enabling companies to optimize financial relations between customers and businesses.

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