ABC Technologies Holdings (FRA:9DK) Days Payable : 50.10 (As of Jun. 2023)

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What is ABC Technologies Holdings Days Payable?

ABC Technologies Holdings's average Accounts Payable for the three months ended in Jun. 2023 was €181 Mil. ABC Technologies Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was €329 Mil. Hence, ABC Technologies Holdings's Days Payable for the three months ended in Jun. 2023 was 50.10.

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

FRA:9DK' s Days Payable Range Over the Past 10 Years
Min: 40.75 Med: 46.98 Max: 53.47
Current: 48.99

During the past 6 years, ABC Technologies Holdings's highest Days Payable was 53.47. The lowest was 40.75. And the median was 46.98.

FRA:9DK's Days Payable is not ranked
in the Vehicles & Parts industry.
Industry Median: 66.48 vs FRA:9DK: 48.99

ABC Technologies Holdings's Days Payable increased from Jun. 2022 (46.25) to Jun. 2023 (50.10). It may suggest that ABC Technologies Holdings delayed paying its suppliers.

ABC Technologies Holdings Days Payable Historical Data

The historical data trend for ABC Technologies 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.

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ABC Technologies Holdings Days Payable Chart

ABC Technologies Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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46.91

45.75

40.25

51.60

49.90

ABC Technologies Holdings Quarterly Data
	Jun18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial												46.25	46.88	51.39	50.01	50.10

Competitive Comparison of ABC Technologies Holdings's Days Payable

For the Auto Parts subindustry, ABC Technologies 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.

ABC Technologies Holdings's Days Payable Distribution in the Vehicles & Parts Industry

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

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

ABC Technologies 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.

ABC Technologies Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (139.99	+	169.804)	/	2 )	/	1132.933	*	365
=	154.897					/	1132.933	*	365
=	49.90

ABC Technologies 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: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (191.478	+	169.804)	/	2 )	/	328.995	*	365 / 4
=	180.641					/	328.995	*	365 / 4
=	50.10

ABC Technologies Holdings Days Payable Related Terms

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ABC Technologies Holdings (FRA:9DK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ABC Technologies Holdings Inc (FRA:9DK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Norelco Drive, Toronto, ON, CAN, M9L 2X6

Website

https://www.abctechnologies.com

ABC Technologies Holdings Inc is a manufacturer and supplier of custom, highly engineered, technical plastics and light weighting innovations to the North American light vehicle industry. Its geographical segment includes Canada, United States, Mexico, and Rest of World. The company derives a majority of its revenue from the United States segment.

ABC Technologies Holdings (FRA:9DK) Headlines

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