Sportradar Group AG (Sportradar Group AG) Days Payable : 337.69 (As of Dec. 2023)

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What is Sportradar Group AG Days Payable?

Sportradar Group AG's average Accounts Payable for the three months ended in Dec. 2023 was $238.1 Mil. Sportradar Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.3 Mil. Hence, Sportradar Group AG's Days Payable for the three months ended in Dec. 2023 was 337.69.

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

SRAD' s Days Payable Range Over the Past 10 Years
Min: 420.9 Med: 494.36 Max: 837.09
Current: 422.5

During the past 5 years, Sportradar Group AG's highest Days Payable was 837.09. The lowest was 420.90. And the median was 494.36.

SRAD's Days Payable is ranked better than
91.96% of 2525 companies
in the Software industry
Industry Median: 50.65 vs SRAD: 422.50

Sportradar Group AG's Days Payable declined from Dec. 2022 (417.37) to Dec. 2023 (337.69). It may suggest that Sportradar Group AG accelerated paying its suppliers.

Sportradar Group AG Days Payable Historical Data

The historical data trend for Sportradar Group 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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Sportradar Group AG Days Payable Chart

Sportradar Group AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

837.09

534.25

494.36

420.90

471.52

Sportradar Group AG Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											417.37	431.76	453.48	451.76	337.69

Competitive Comparison of Sportradar Group AG's Days Payable

For the Software - Application subindustry, Sportradar Group 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.

Sportradar Group AG's Days Payable Distribution in the Software Industry

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

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

Sportradar Group 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.

Sportradar Group 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
=	( (217.155	+	283.17)	/	2 )	/	193.648	*	365
=	250.1625					/	193.648	*	365
=	471.52

Sportradar Group 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
=	( (193	+	283.17)	/	2 )	/	64.335	*	365 / 4
=	238.085					/	64.335	*	365 / 4
=	337.69

Sportradar Group AG Days Payable Related Terms

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Sportradar Group AG (Sportradar Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sportradar Group AG (NAS:SRAD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1M4:Germany

Address

Feldlistrasse 2, St. Gallen, CHE, CH-9000

Website

https://www.sportradar.com

Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the global sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.