Ideal Holdings (ATH:INTEK) Days Payable : 62.84 (As of Jun. 2023)

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What is Ideal Holdings Days Payable?

Ideal Holdings's average Accounts Payable for the six months ended in Jun. 2023 was €20.13 Mil. Ideal Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €58.45 Mil. Hence, Ideal Holdings's Days Payable for the six months ended in Jun. 2023 was 62.84.

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

ATH:INTEK' s Days Payable Range Over the Past 10 Years
Min: 53.76 Med: 59.62 Max: 125.69
Current: 125.69

During the past 5 years, Ideal Holdings's highest Days Payable was 125.69. The lowest was 53.76. And the median was 59.62.

ATH:INTEK's Days Payable is ranked better than
79.33% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs ATH:INTEK: 125.69

Ideal Holdings's Days Payable declined from Dec. 2021 (68.11) to Jun. 2023 (62.84). It may suggest that Ideal Holdings accelerated paying its suppliers.

Ideal Holdings Days Payable Historical Data

The historical data trend for Ideal Holdings'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.

Ideal Holdings Days Payable Chart

Ideal Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

59.62

78.49

71.39

53.76

55.59

Ideal Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial			-	32.28	68.11	69.45	62.84

Competitive Comparison of Ideal Holdings's Days Payable

For the Electronics & Computer Distribution subindustry, Ideal Holdings'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.

Ideal Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ideal Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ideal Holdings's Days Payable falls into.

Ideal Holdings 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.

Ideal Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (2.293	+	9.006)	/	2 )	/	37.095	*	365
=	5.6495					/	37.095	*	365
=	55.59

Ideal Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (13.715	+	26.537)	/	2 )	/	58.446	*	365 / 2
=	20.126					/	58.446	*	365 / 2
=	62.84

Ideal Holdings Days Payable Related Terms

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Ideal Holdings (ATH:INTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ideal Holdings SA (ATH:INTEK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Creon 25, Athens, GRC, 10442

Website

https://www.idealholdings.gr

Ideal Holdings SA is engaged in the distribution of white home appliances, IT products and distribution of specialized software products.

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