Smartbroker Holding AG (LTS:0CDX) Days Payable : 66.04 (As of Jun. 2023)

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What is Smartbroker Holding AG Days Payable?

Smartbroker Holding AG's average Accounts Payable for the six months ended in Jun. 2023 was €3.05 Mil. Smartbroker Holding AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €8.43 Mil. Hence, Smartbroker Holding AG's Days Payable for the six months ended in Jun. 2023 was 66.04.

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

LTS:0CDX' s Days Payable Range Over the Past 10 Years
Min: 25.53 Med: 56.92 Max: 115.97
Current: 75.11

During the past 13 years, Smartbroker Holding AG's highest Days Payable was 115.97. The lowest was 25.53. And the median was 56.92.

LTS:0CDX's Days Payable is ranked worse than
56.44% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs LTS:0CDX: 75.11

Smartbroker Holding AG's Days Payable declined from Jun. 2022 (118.54) to Jun. 2023 (66.04). It may suggest that Smartbroker Holding AG accelerated paying its suppliers.

Smartbroker Holding AG Days Payable Historical Data

The historical data trend for Smartbroker Holding 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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Smartbroker Holding AG Days Payable Chart

Smartbroker Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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65.28

82.43

26.73

76.33

115.97

Smartbroker Holding 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															22.02	72.64	118.54	78.75	66.04

Competitive Comparison of Smartbroker Holding AG's Days Payable

For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding 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.

Smartbroker Holding AG's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Days Payable distribution charts can be found below:

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

Smartbroker Holding 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.

Smartbroker Holding 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
=	( (8.88	+	2.982)	/	2 )	/	18.667	*	365
=	5.931					/	18.667	*	365
=	115.97

Smartbroker Holding 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
=	( (2.982	+	3.118)	/	2 )	/	8.428	*	365 / 2
=	3.05					/	8.428	*	365 / 2
=	66.04

Smartbroker Holding AG Days Payable Related Terms

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Smartbroker Holding AG (LTS:0CDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Smartbroker Holding AG (LTS:0CDX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SB1:Germany

Address

Ritterstrasse 11, Berlin, DEU, 10969

Website

https://www.smartbroker-holding.de

Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.

Smartbroker Holding AG (LTS:0CDX) Headlines

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