SIG Group AG (XSWX:SIGN) Days Payable : 85.80 (As of Dec. 2023)

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What is SIG Group AG Days Payable?

SIG Group AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF574 Mil. SIG Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,220 Mil. Hence, SIG Group AG's Days Payable for the six months ended in Dec. 2023 was 85.80.

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

XSWX:SIGN' s Days Payable Range Over the Past 10 Years
Min: 43.69 Med: 45.45 Max: 79.6
Current: 79.6

During the past 7 years, SIG Group AG's highest Days Payable was 79.60. The lowest was 43.69. And the median was 45.45.

XSWX:SIGN's Days Payable is ranked better than
66.3% of 368 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs XSWX:SIGN: 79.60

SIG Group AG's Days Payable increased from Dec. 2022 (82.76) to Dec. 2023 (85.80). It may suggest that SIG Group AG delayed paying its suppliers.

SIG Group AG Days Payable Historical Data

The historical data trend for SIG Group 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.

* Premium members only.

SIG Group AG Days Payable Chart

SIG Group AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.75

44.31

44.97

52.72

58.29

SIG Group AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								86.50	96.66	82.76	95.96	85.80

Competitive Comparison of SIG Group AG's Days Payable

For the Packaging & Containers subindustry, SIG Group 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.

SIG Group AG's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SIG Group AG's Days Payable distribution charts can be found below:

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

SIG Group 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.

SIG Group 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
=	( (401.259	+	342.431)	/	2 )	/	2328.359	*	365
=	371.845					/	2328.359	*	365
=	58.29

SIG Group 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
=	( (804.604	+	342.431)	/	2 )	/	1219.868	*	365 / 2
=	573.5175					/	1219.868	*	365 / 2
=	85.80

SIG Group AG Days Payable Related Terms

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SIG Group AG (XSWX:SIGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SIG Group AG (XSWX:SIGN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SIGCY:USA SCBGF:USA SIGNz:UK 0P4G:UK

Address

Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212

Website

https://www.sig.biz

SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

SIG Group AG (XSWX:SIGN) Headlines

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