RM Rheiner Management AG (FRA:RMO) Days Payable : 0.00 (As of Jun. 2023)

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What is RM Rheiner Management AG Days Payable?

RM Rheiner Management AG's average Accounts Payable for the six months ended in Jun. 2023 was €0.00 Mil. RM Rheiner Management AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.42 Mil. Hence, RM Rheiner Management AG's Days Payable for the six months ended in Jun. 2023 was 0.00.

The historical rank and industry rank for RM Rheiner Management AG's Days Payable or its related term are showing as below:

FRA:RMO's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 71.64
* Ranked among companies with meaningful Days Payable only.

RM Rheiner Management AG's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

RM Rheiner Management AG Days Payable Historical Data

The historical data trend for RM Rheiner Management 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.

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RM Rheiner Management AG Days Payable Chart

RM Rheiner Management AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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3.41

7.60

56.15

68.44

RM Rheiner Management AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															36.57	29.06	-	-	-

Competitive Comparison of RM Rheiner Management AG's Days Payable

For the Asset Management subindustry, RM Rheiner Management 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.

RM Rheiner Management AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RM Rheiner Management AG's Days Payable distribution charts can be found below:

* The bar in red indicates where RM Rheiner Management AG's Days Payable falls into.

RM Rheiner Management 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.

RM Rheiner Management AG'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
=	( (0	+	0)	/	1 )	/	0.246	*	365
=	0					/	0.246	*	365
=	0.00

RM Rheiner Management AG'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
=	( (0	+	0)	/	1 )	/	0.417	*	365 / 2
=	0					/	0.417	*	365 / 2
=	0.00

RM Rheiner Management AG Days Payable Related Terms

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RM Rheiner Management AG (FRA:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RM Rheiner Management AG (FRA:RMO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Friesenstrasse 50, Cologne, DEU, 50670

Website

http://www.rheiner-management.de

RM Rheiner Management AG is active within the investment sector. The company focuses on special situations including structural measures of companies listed on the stock exchange.

Executives

Dr. Georg Issels

Board of Directors