mVISE AG (XTER:C1V) Days Payable : 59.79 (As of Dec. 2023)

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What is mVISE AG Days Payable?

mVISE AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.73 Mil. mVISE AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.23 Mil. Hence, mVISE AG's Days Payable for the six months ended in Dec. 2023 was 59.79.

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

XTER:C1V' s Days Payable Range Over the Past 10 Years
Min: 58.09 Med: 95.71 Max: 2284.76
Current: 58.09

During the past 13 years, mVISE AG's highest Days Payable was 2284.76. The lowest was 58.09. And the median was 95.71.

XTER:C1V's Days Payable is ranked worse than
70.52% of 346 companies
in the Telecommunication Services industry
Industry Median: 103.495 vs XTER:C1V: 58.09

mVISE AG's Days Payable increased from Dec. 2022 (48.59) to Dec. 2023 (59.79). It may suggest that mVISE AG delayed paying its suppliers.

mVISE AG Days Payable Historical Data

The historical data trend for mVISE 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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mVISE AG Days Payable Chart

mVISE AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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101.02

83.29

94.86

68.28

62.25

mVISE 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															95.22	63.43	48.59	53.18	59.79

Competitive Comparison of mVISE AG's Days Payable

For the Telecom Services subindustry, mVISE 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.

mVISE AG's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, mVISE AG's Days Payable distribution charts can be found below:

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

mVISE 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.

mVISE 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
=	( (1.021	+	0.75)	/	2 )	/	5.192	*	365
=	0.8855					/	5.192	*	365
=	62.25

mVISE 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
=	( (0.708	+	0.75)	/	2 )	/	2.225	*	365 / 2
=	0.729					/	2.225	*	365 / 2
=	59.79

mVISE AG Days Payable Related Terms

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mVISE AG (XTER:C1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » mVISE AG (XTER:C1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

C1V:Germany C1V:Germany C1V:Germany

Address

Essener Strasse 99, Oberhausen, DEU

Website

https://www.mvise.de

mVISE AG is a Germany based company, involved in providing digitizing processes, virtualizing assets, developing mobile solutions, and creating mobile products. The company provides services which consist of Consulting, in the areas of cloud, security, meshed things, and project management; Solutions, which provides mobile app development, and Digitization. The company's products consist of sales sphere, intelligent complete control, and hybrid integration platform.

Executives

Cedric Balzar

Board of Directors

mVISE AG (XTER:C1V) Headlines

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