Advanced Bitcoin Technologies AG (HAM:ABT) Days Payable : 10,397.88 (As of Jun. 2023)

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What is Advanced Bitcoin Technologies AG Days Payable?

Advanced Bitcoin Technologies AG's average Accounts Payable for the six months ended in Jun. 2023 was €4.50 Mil. Advanced Bitcoin Technologies AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.08 Mil. Hence, Advanced Bitcoin Technologies AG's Days Payable for the six months ended in Jun. 2023 was 10,397.88.

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

HAM:ABT' s Days Payable Range Over the Past 10 Years
Min: 3063.63 Med: 3581.86 Max: 33083.6
Current: 13634.71

During the past 4 years, Advanced Bitcoin Technologies AG's highest Days Payable was 33083.60. The lowest was 3063.63. And the median was 3581.86.

HAM:ABT's Days Payable is ranked better than
99.37% of 2536 companies
in the Software industry
Industry Median: 50.42 vs HAM:ABT: 13634.71

Advanced Bitcoin Technologies AG's Days Payable declined from Jun. 2022 (103,865.31) to Jun. 2023 (10,397.88). It may suggest that Advanced Bitcoin Technologies AG accelerated paying its suppliers.

Advanced Bitcoin Technologies AG Days Payable Historical Data

The historical data trend for Advanced Bitcoin Technologies 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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Advanced Bitcoin Technologies AG Days Payable Chart

Advanced Bitcoin Technologies AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

3,063.63

3,581.86

33,083.60

Advanced Bitcoin Technologies AG Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			4,115.69	3,159.40	103,865.31	19,714.35	10,397.88

Competitive Comparison of Advanced Bitcoin Technologies AG's Days Payable

For the Software - Infrastructure subindustry, Advanced Bitcoin Technologies 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.

Advanced Bitcoin Technologies AG's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Advanced Bitcoin Technologies AG's Days Payable falls into.

Advanced Bitcoin Technologies 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.

Advanced Bitcoin Technologies 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
=	( (4.548	+	4.516)	/	2 )	/	0.05	*	365
=	4.532					/	0.05	*	365
=	33,083.60

Advanced Bitcoin Technologies 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
=	( (4.516	+	4.486)	/	2 )	/	0.079	*	365 / 2
=	4.501					/	0.079	*	365 / 2
=	10,397.88

Advanced Bitcoin Technologies AG Days Payable Related Terms

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Advanced Bitcoin Technologies AG (HAM:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Bitcoin Technologies AG (HAM:ABT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grüneburgweg 58 - 62, Frankfurt am Main, DEU, D - 60322

Website

https://www.abt-ag.com

Advanced Bitcoin Technologies AG is a Germany based company engaged in the business of cryptocurrencies which enables the users to handle their daily financial transactions.