WashTec AG (FRA:WSU) Days Payable : 23.68 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is WashTec AG Days Payable?

WashTec AG's average Accounts Payable for the three months ended in Dec. 2023 was €24.4 Mil. WashTec AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €93.9 Mil. Hence, WashTec AG's Days Payable for the three months ended in Dec. 2023 was 23.68.

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

FRA:WSU' s Days Payable Range Over the Past 10 Years
Min: 15.98 Med: 23.12 Max: 36.88
Current: 24.31

During the past 13 years, WashTec AG's highest Days Payable was 36.88. The lowest was 15.98. And the median was 23.12.

FRA:WSU's Days Payable is ranked worse than
92.38% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs FRA:WSU: 24.31

WashTec AG's Days Payable increased from Dec. 2022 (20.21) to Dec. 2023 (23.68). It may suggest that WashTec AG delayed paying its suppliers.

WashTec AG Days Payable Historical Data

The historical data trend for WashTec 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.

WashTec AG Days Payable Chart

WashTec AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.88

20.79

15.98

20.09

24.13

WashTec AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															20.21	26.73	22.91	24.39	23.68

Competitive Comparison of WashTec AG's Days Payable

For the Specialty Industrial Machinery subindustry, WashTec 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.

WashTec AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WashTec AG's Days Payable distribution charts can be found below:

* The bar in red indicates where WashTec AG's Days Payable falls into.

WashTec 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.

WashTec AG'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
=	( (22.711	+	23.951)	/	2 )	/	352.934	*	365
=	23.331					/	352.934	*	365
=	24.13

WashTec AG'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (24.8	+	23.951)	/	2 )	/	93.912	*	365 / 4
=	24.3755					/	93.912	*	365 / 4
=	23.68

WashTec AG Days Payable Related Terms

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

WashTec AG (FRA:WSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WashTec AG (FRA:WSU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0GJK:UK WSU:Germany

Address

Argonstrasse 7, Augsburg, DEU, 86153

Website

https://www.washtec.de

WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

WashTec AG (FRA:WSU) Headlines

No Headlines