123Fahrschule SE (XTER:123F) Days Payable : 26.43 (As of Dec. 2023)

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What is 123Fahrschule SE Days Payable?

123Fahrschule SE's average Accounts Payable for the six months ended in Dec. 2023 was €0.82 Mil. 123Fahrschule SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.63 Mil. Hence, 123Fahrschule SE's Days Payable for the six months ended in Dec. 2023 was 26.43.

The historical rank and industry rank for 123Fahrschule SE's Days Payable or its related term are showing as below:

XTER:123F' s Days Payable Range Over the Past 10 Years
Min: 23.11 Med: 34.49 Max: 121.02
Current: 30.53

During the past 5 years, 123Fahrschule SE's highest Days Payable was 121.02. The lowest was 23.11. And the median was 34.49.

XTER:123F's Days Payable is ranked worse than
55.4% of 213 companies
in the Education industry
Industry Median: 37.29 vs XTER:123F: 30.53

123Fahrschule SE's Days Payable declined from Dec. 2022 (28.71) to Dec. 2023 (26.43). It may suggest that 123Fahrschule SE accelerated paying its suppliers.

123Fahrschule SE Days Payable Historical Data

The historical data trend for 123Fahrschule SE'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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123Fahrschule SE Days Payable Chart

123Fahrschule SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

121.02

39.54

23.11

29.44

123Fahrschule SE Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			7.30	16.00	28.71	35.96	26.43

Competitive Comparison of 123Fahrschule SE's Days Payable

For the Education & Training Services subindustry, 123Fahrschule SE'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.

123Fahrschule SE's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 123Fahrschule SE's Days Payable distribution charts can be found below:

* The bar in red indicates where 123Fahrschule SE's Days Payable falls into.

123Fahrschule SE 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.

123Fahrschule SE'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
=	( (1.12	+	0.649)	/	2 )	/	10.965	*	365
=	0.8845					/	10.965	*	365
=	29.44

123Fahrschule SE'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
=	( (0.982	+	0.649)	/	2 )	/	5.63	*	365 / 2
=	0.8155					/	5.63	*	365 / 2
=	26.43

123Fahrschule SE Days Payable Related Terms

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123Fahrschule SE (XTER:123F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 123Fahrschule SE (XTER:123F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

123F:Germany

Address

Klopstockstr. 1, Cologne, DEU, 50968

Website

https://www.123fahrschule.de

123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.

Executives

Herr Boris Polenske

Board of Directors

123Fahrschule SE (XTER:123F) Headlines

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