Vitesco Technologies Group AG (XTER:VTSC) Days Payable

: 92.42 (As of Dec. 2023)

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Vitesco Technologies Group AG's average Accounts Payable for the three months ended in Dec. 2023 was €1,910 Mil. Vitesco Technologies Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,886 Mil. Hence, Vitesco Technologies Group AG's Days Payable for the three months ended in Dec. 2023 was 92.42.

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

XTER:VTSC' s Days Payable Range Over the Past 10 Years
Min: 79.12 Med: 90.51 Max: 109.39
Current: 93.1

During the past 6 years, Vitesco Technologies Group AG's highest Days Payable was 109.39. The lowest was 79.12. And the median was 90.51.

XTER:VTSC's Days Payable is ranked better than
68.91% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.19 vs XTER:VTSC: 93.10

Vitesco Technologies Group AG's Days Payable increased from Dec. 2022 (90.05) to Dec. 2023 (92.42). It may suggest that Vitesco Technologies Group AG delayed paying its suppliers.

Vitesco Technologies Group AG Days Payable Historical Data

The historical data trend for Vitesco Technologies 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.

Vitesco Technologies Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

84.34

109.39

105.38

91.37

89.65

Vitesco Technologies Group AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable													90.05	94.33	91.91	97.39	92.42

Competitive Comparison

For the Auto Parts subindustry, Vitesco Technologies 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.

Vitesco Technologies Group AG Days Payable Distribution

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

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

Vitesco Technologies 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.

Vitesco Technologies 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
=	( (2003.4	+	1838.6)	/	2 )	/	7820.9	*	365
=	1921					/	7820.9	*	365
=	89.65

Vitesco Technologies 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1981.5	+	1838.6)	/	2 )	/	1885.8	*	365 / 4
=	1910.05					/	1885.8	*	365 / 4
=	92.42

Vitesco Technologies Group AG Days Payable Related Terms

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Vitesco Technologies Group AG (XTER:VTSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (XTER:VTSC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VTSCF:USA VTSCY:USA 0AAF:UK VTS:Germany VTS:Germany VTSC:Germany VTSC:Austria

Address

Siemensstrase 12, Regensburg, BY, DEU, 93055

Website

https://www.vitesco-technologies.com

Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Executives

Ingo Holstein	Board of Directors
Werner Volz	Board of Directors
Andreas Wolf	Board of Directors
Klaus Hau	Board of Directors
Thomas Stierle	Board of Directors
Prof. Dr. Hans-jörg Bullinger	Supervisory Board
Joachim Hirsch	Supervisory Board
Prof. Siegfried Wolf	Supervisory Board

Vitesco Technologies Group AG (XTER:VTSC) Headlines

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