Wool Industry Tria Alfa (ATH:AAAK) Days Payable : 162.22 (As of Dec. 2023)

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What is Wool Industry Tria Alfa Days Payable?

Wool Industry Tria Alfa's average Accounts Payable for the six months ended in Dec. 2023 was €0.13 Mil. Wool Industry Tria Alfa's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.14 Mil. Hence, Wool Industry Tria Alfa's Days Payable for the six months ended in Dec. 2023 was 162.22.

The historical rank and industry rank for Wool Industry Tria Alfa's Days Payable or its related term are showing as below:

ATH:AAAK' s Days Payable Range Over the Past 10 Years
Min: 5.83 Med: 29.55 Max: 58.21
Current: 58.21

During the past 13 years, Wool Industry Tria Alfa's highest Days Payable was 58.21. The lowest was 5.83. And the median was 29.55.

ATH:AAAK's Days Payable is ranked better than
51.57% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs ATH:AAAK: 58.21

Wool Industry Tria Alfa's Days Payable increased from Dec. 2022 (34.49) to Dec. 2023 (162.22). It may suggest that Wool Industry Tria Alfa delayed paying its suppliers.

Wool Industry Tria Alfa Days Payable Historical Data

The historical data trend for Wool Industry Tria Alfa'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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Wool Industry Tria Alfa Days Payable Chart

Wool Industry Tria Alfa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.51

37.36

41.21

34.59

50.17

Wool Industry Tria Alfa 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															28.95	34.40	34.49	35.02	162.22

Competitive Comparison of Wool Industry Tria Alfa's Days Payable

For the Textile Manufacturing subindustry, Wool Industry Tria Alfa'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.

Wool Industry Tria Alfa's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wool Industry Tria Alfa's Days Payable distribution charts can be found below:

* The bar in red indicates where Wool Industry Tria Alfa's Days Payable falls into.

Wool Industry Tria Alfa 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.

Wool Industry Tria Alfa'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
=	( (0.066	+	0.119)	/	2 )	/	0.673	*	365
=	0.0925					/	0.673	*	365
=	50.17

Wool Industry Tria Alfa'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
=	( (0.137	+	0.119)	/	2 )	/	0.144	*	365 / 2
=	0.128					/	0.144	*	365 / 2
=	162.22

Wool Industry Tria Alfa Days Payable Related Terms

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Wool Industry Tria Alfa (ATH:AAAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wool Industry Tria Alfa SA (ATH:AAAK) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Alekou Panagouli 64, Nea Ionia, Attica, GRC, 14234

Website

http://www.triaalfa.gr

Wool Industry Tria Alfa SA dyes, recombs, spins, weaves and finishes textiles and fibers from wool and wool/polyester blends. The company produces and trades cashmere, wool and synthetic and artificial fiber textiles. It offers men's clothing such as Sage wholly, Suit all over, Full-leaf cherry blossom, flesh, terrible / wafer 55/45, Traditional contest, Overall jacket, Cashew whole or mixed tertiary / wafer 55/45, Ginseng polyester-viscose 65/35 and Teriene flax 55/45.

Wool Industry Tria Alfa (ATH:AAAK) Headlines

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