EV Digital Invest INH AKT (FRA:ENGL) Days Payable : 22.69 (As of Dec. 2023)

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What is EV Digital Invest INH AKT Days Payable?

EV Digital Invest INH AKT's average Accounts Payable for the six months ended in Dec. 2023 was €0.23 Mil. EV Digital Invest INH AKT's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.87 Mil. Hence, EV Digital Invest INH AKT's Days Payable for the six months ended in Dec. 2023 was 22.69.

The historical rank and industry rank for EV Digital Invest INH AKT's Days Payable or its related term are showing as below:

FRA:ENGL' s Days Payable Range Over the Past 10 Years
Min: 9.43 Med: 34.61 Max: 44.86
Current: 23.32

During the past 6 years, EV Digital Invest INH AKT's highest Days Payable was 44.86. The lowest was 9.43. And the median was 34.61.

FRA:ENGL's Days Payable is ranked worse than
65.25% of 282 companies
in the Credit Services industry
Industry Median: 43.675 vs FRA:ENGL: 23.32

EV Digital Invest INH AKT's Days Payable declined from Dec. 2022 (26.67) to Dec. 2023 (22.69). It may suggest that EV Digital Invest INH AKT accelerated paying its suppliers.

EV Digital Invest INH AKT Days Payable Historical Data

The historical data trend for EV Digital Invest INH AKT'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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EV Digital Invest INH AKT Days Payable Chart

EV Digital Invest INH AKT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.06

42.58

29.15

9.43

19.80

EV Digital Invest INH AKT Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	9.53	26.67	27.66	22.69

Competitive Comparison of EV Digital Invest INH AKT's Days Payable

For the Credit Services subindustry, EV Digital Invest INH AKT'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.

EV Digital Invest INH AKT's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, EV Digital Invest INH AKT's Days Payable distribution charts can be found below:

* The bar in red indicates where EV Digital Invest INH AKT's Days Payable falls into.

EV Digital Invest INH AKT 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.

EV Digital Invest INH AKT'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
=	( (0.223	+	0.166)	/	2 )	/	3.585	*	365
=	0.1945					/	3.585	*	365
=	19.80

EV Digital Invest INH AKT'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
=	( (0.298	+	0.166)	/	2 )	/	1.866	*	365 / 2
=	0.232					/	1.866	*	365 / 2
=	22.69

EV Digital Invest INH AKT Days Payable Related Terms

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EV Digital Invest INH AKT (FRA:ENGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » EV Digital Invest INH AKT (FRA:ENGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ENGL:Germany

Address

Joachimsthaler Str. 12, Berlin, DEU, 10719

Website

https://www.ev-digitalinvest.de

EV Digital Invest INH AKT provides a digital investment platform for real estate and offers private investors the opportunity to participate in selected real estate projects as co-investors.

EV Digital Invest INH AKT (FRA:ENGL) Headlines

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