BETA Systems Software AG (FRA:BSS) Days Payable : 24.69 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is BETA Systems Software AG Days Payable?

BETA Systems Software AG's average Accounts Payable for the six months ended in Sep. 2023 was €2.04 Mil. BETA Systems Software AG's Cost of Goods Sold for the six months ended in Sep. 2023 was €15.09 Mil. Hence, BETA Systems Software AG's Days Payable for the six months ended in Sep. 2023 was 24.69.

The historical rank and industry rank for BETA Systems Software AG's Days Payable or its related term are showing as below:

FRA:BSS' s Days Payable Range Over the Past 10 Years
Min: 14.01 Med: 17.14 Max: 26.71
Current: 16.09

During the past 13 years, BETA Systems Software AG's highest Days Payable was 26.71. The lowest was 14.01. And the median was 17.14.

FRA:BSS's Days Payable is ranked worse than
84.87% of 2525 companies
in the Software industry
Industry Median: 50.65 vs FRA:BSS: 16.09

BETA Systems Software AG's Days Payable increased from Sep. 2022 (21.41) to Sep. 2023 (24.69). It may suggest that BETA Systems Software AG delayed paying its suppliers.

BETA Systems Software AG Days Payable Historical Data

The historical data trend for BETA Systems Software 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.

BETA Systems Software AG Days Payable Chart

BETA Systems Software AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

21.16

16.84

14.01

17.00

16.29

BETA Systems Software AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															16.21	11.08	21.41	11.45	24.69

Competitive Comparison of BETA Systems Software AG's Days Payable

For the Software - Application subindustry, BETA Systems Software 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.

BETA Systems Software AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, BETA Systems Software AG's Days Payable distribution charts can be found below:

* The bar in red indicates where BETA Systems Software AG's Days Payable falls into.

BETA Systems Software 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.

BETA Systems Software AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.735	+	2.192)	/	2 )	/	44.004	*	365
=	1.9635					/	44.004	*	365
=	16.29

BETA Systems Software AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.892	+	2.192)	/	2 )	/	15.094	*	365 / 2
=	2.042					/	15.094	*	365 / 2
=	24.69

BETA Systems Software AG Days Payable Related Terms

Thank you for viewing the detailed overview of BETA Systems Software AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

BETA Systems Software AG (FRA:BSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BETA Systems Software AG (FRA:BSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BSS:Germany

Address

Beta Systems Software AG, Alt-moabit 90d, Berlin, DEU, 10559

Website

http://www.betasystems.com

BETA Systems Software AG develops software products and solutions. It offers large corporations, mid-sized companies and organizations high-end infrastructure software and solutions which spans sectors.

Executives

Dr. Andreas Huth	Board of Directors
Wilhelm K. T. Zours	Supervisory Board
Wilhelm K.t. Zours	Supervisory Board
Carl Ernst Veit Paas	Supervisory Board

BETA Systems Software AG (FRA:BSS) Headlines

No Headlines