Palfinger AG (WBO:PAL) Days Payable : 64.60 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Palfinger AG Days Payable?

Palfinger AG's average Accounts Payable for the six months ended in Dec. 2023 was €325 Mil. Palfinger AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €917 Mil. Hence, Palfinger AG's Days Payable for the six months ended in Dec. 2023 was 64.60.

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

WBO:PAL' s Days Payable Range Over the Past 10 Years
Min: 36.51 Med: 46.57 Max: 60.16
Current: 60.16

During the past 13 years, Palfinger AG's highest Days Payable was 60.16. The lowest was 36.51. And the median was 46.57.

WBO:PAL's Days Payable is ranked worse than
66.5% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.475 vs WBO:PAL: 60.16

Palfinger AG's Days Payable declined from Dec. 2022 (65.86) to Dec. 2023 (64.60). It may suggest that Palfinger AG accelerated paying its suppliers.

Palfinger AG Days Payable Historical Data

The historical data trend for Palfinger 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.

Palfinger AG Days Payable Chart

Palfinger AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.32

48.40

47.22

49.39

49.27

Palfinger AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															68.64	72.78	65.86	66.61	64.60

Competitive Comparison of Palfinger AG's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Palfinger 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.

Palfinger AG's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Palfinger AG's Days Payable distribution charts can be found below:

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

Palfinger 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.

Palfinger 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
=	( (249.951	+	240.999)	/	2 )	/	1818.411	*	365
=	245.475					/	1818.411	*	365
=	49.27

Palfinger 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (408.142	+	240.999)	/	2 )	/	916.883	*	365 / 2
=	324.5705					/	916.883	*	365 / 2
=	64.60

Palfinger AG Days Payable Related Terms

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

Palfinger AG (WBO:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Palfinger AG (WBO:PAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0MJ1:UK PFI:Germany

Address

Lamprechtshausener Bundesstrasse 8, Bergheim, AUT, 5101

Website

https://www.palfinger.ag

Palfinger is an Austrian manufacturing company that offers cranes, forklifts, truck bodies, and lifting equipment for land and water vehicles. Palfinger has two operating segments: Sales & Service and Segment Operations. Segment sales & service comprises the sales and service units. The segment operations comprise the production sites and the respective production share of the company. It earns the majority of revenue from the sales & service segment. Palfinger sells its products worldwide but segments geographically into six regions: Europe, Middle East, & Africa; North America; Latin America; Eurasia; Asia-Pacific; and Marine. Business in Europe, the Middle East, & the Africa region generates the majority of the company's revenue.

Executives

Alexander Susanek	Board of Directors
Felix Strohbichler	Board of Directors
Gerhard Rauch	Supervisory Board
Andreas Klauser	Board of Directors

Palfinger AG (WBO:PAL) Headlines

From GuruFocus

Proficient Auto Logistics Announces Pricing of Initial Public Offering

By Business Wire • 05-09-2024