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Groupe Okwind (FRA:4QX) Days Payable : 68.23 (As of Jun. 2023)


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What is Groupe Okwind Days Payable?

Groupe Okwind's average Accounts Payable for the six months ended in Jun. 2023 was €7.61 Mil. Groupe Okwind's Cost of Goods Sold for the six months ended in Jun. 2023 was €20.36 Mil. Hence, Groupe Okwind's Days Payable for the six months ended in Jun. 2023 was 68.23.

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

FRA:4QX' s Days Payable Range Over the Past 10 Years
Min: 81.54   Med: 97.59   Max: 104.11
Current: 82.22

During the past 4 years, Groupe Okwind's highest Days Payable was 104.11. The lowest was 81.54. And the median was 97.59.

FRA:4QX's Days Payable is ranked better than
52.82% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.315 vs FRA:4QX: 82.22

Groupe Okwind's Days Payable declined from Jun. 2022 (76.11) to Jun. 2023 (68.23). It may suggest that Groupe Okwind accelerated paying its suppliers.


Groupe Okwind Days Payable Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Days Payable Chart

Groupe Okwind Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
- 104.11 97.59 81.54

Groupe Okwind Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Days Payable - - 76.11 84.39 68.23

Competitive Comparison of Groupe Okwind's Days Payable

For the Utilities - Renewable subindustry, Groupe Okwind'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.


Groupe Okwind's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Groupe Okwind's Days Payable distribution charts can be found below:

* The bar in red indicates where Groupe Okwind's Days Payable falls into.



Groupe Okwind 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.

Groupe Okwind's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2.942 + 6.212) / 2 ) / 20.488*365
=4.577 / 20.488*365
=81.54

Groupe Okwind'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: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (6.212 + 9.015) / 2 ) / 20.363*365 / 2
=7.6135 / 20.363*365 / 2
=68.23

* 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.


Groupe Okwind Days Payable Related Terms

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Groupe Okwind (FRA:4QX) Business Description

Traded in Other Exchanges
Address
Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA
Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (FRA:4QX) Headlines

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