Volkswagen AG (WBO:VOW) Days Payable : 39.44 (As of Dec. 2023)

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What is Volkswagen AG Days Payable?

Volkswagen AG's average Accounts Payable for the three months ended in Dec. 2023 was €30,465 Mil. Volkswagen AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €70,485 Mil. Hence, Volkswagen AG's Days Payable for the three months ended in Dec. 2023 was 39.44.

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

WBO:VOW' s Days Payable Range Over the Past 10 Years
Min: 40.69 Med: 41.89 Max: 45.07
Current: 42.48

During the past 13 years, Volkswagen AG's highest Days Payable was 45.07. The lowest was 40.69. And the median was 41.89.

WBO:VOW's Days Payable is ranked worse than
72.48% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs WBO:VOW: 42.48

Volkswagen AG's Days Payable declined from Dec. 2022 (41.94) to Dec. 2023 (39.44). It may suggest that Volkswagen AG accelerated paying its suppliers.

Volkswagen AG Days Payable Historical Data

The historical data trend for Volkswagen 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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Volkswagen AG Days Payable Chart

Volkswagen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.57

45.07

41.63

42.12

41.66

Volkswagen AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															41.94	44.29	44.23	43.17	39.44

Competitive Comparison of Volkswagen AG's Days Payable

For the Auto Manufacturers subindustry, Volkswagen 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.

Volkswagen AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Days Payable distribution charts can be found below:

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

Volkswagen 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.

Volkswagen 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
=	( (28738	+	30901)	/	2 )	/	261262	*	365
=	29819.5					/	261262	*	365
=	41.66

Volkswagen 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (30028	+	30901)	/	2 )	/	70485	*	365 / 4
=	30464.5					/	70485	*	365 / 4
=	39.44

Volkswagen AG Days Payable Related Terms

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Volkswagen AG (WBO:VOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (WBO:VOW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VWAPY:USA VLKPF:USA VWAGY:USA VLKAF:USA VOW:Poland VOW3N:Mexico VOW3:Italy VOLKSWAGEN:Hungary VOW3d:UK 0P6O:UK 0P6N:UK VOW3:Germany VOW:Germany VOW:Czech Republic

Address

Berliner Ring 2, Wolfsburg, NI, DEU, 38440

Website

https://www.volkswagenag.com

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

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