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Glintt - Global Intelligent Technologies (XLIS:GLINT) Days Payable : 77.16 (As of Dec. 2023)


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What is Glintt - Global Intelligent Technologies Days Payable?

Glintt - Global Intelligent Technologies's average Accounts Payable for the three months ended in Dec. 2023 was €18.5 Mil. Glintt - Global Intelligent Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was €21.9 Mil. Hence, Glintt - Global Intelligent Technologies's Days Payable for the three months ended in Dec. 2023 was 77.16.

The historical rank and industry rank for Glintt - Global Intelligent Technologies's Days Payable or its related term are showing as below:

XLIS:GLINT' s Days Payable Range Over the Past 10 Years
Min: 54.57   Med: 62.26   Max: 133.25
Current: 73.27

During the past 13 years, Glintt - Global Intelligent Technologies's highest Days Payable was 133.25. The lowest was 54.57. And the median was 62.26.

XLIS:GLINT's Days Payable is ranked better than
60.57% of 2526 companies
in the Software industry
Industry Median: 50.42 vs XLIS:GLINT: 73.27

Glintt - Global Intelligent Technologies's Days Payable declined from Dec. 2022 (80.55) to Dec. 2023 (77.16). It may suggest that Glintt - Global Intelligent Technologies accelerated paying its suppliers.


Glintt - Global Intelligent Technologies Days Payable Historical Data

The historical data trend for Glintt - Global Intelligent Technologies'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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Glintt - Global Intelligent Technologies Days Payable Chart

Glintt - Global Intelligent Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.84 63.35 133.25 61.17 64.80

Glintt - Global Intelligent Technologies 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.55 81.18 73.49 69.69 77.16

Competitive Comparison of Glintt - Global Intelligent Technologies's Days Payable

For the Information Technology Services subindustry, Glintt - Global Intelligent Technologies'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.


Glintt - Global Intelligent Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Glintt - Global Intelligent Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Glintt - Global Intelligent Technologies's Days Payable falls into.



Glintt - Global Intelligent Technologies 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.

Glintt - Global Intelligent Technologies'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
=( (15.944 + 15.87) / 2 ) / 89.599*365
=15.907 / 89.599*365
=64.80

Glintt - Global Intelligent Technologies'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
=( (21.118 + 15.87) / 2 ) / 21.871*365 / 4
=18.494 / 21.871*365 / 4
=77.16

* 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.


Glintt - Global Intelligent Technologies Days Payable Related Terms

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Glintt - Global Intelligent Technologies (XLIS:GLINT) Business Description

Traded in Other Exchanges
Address
Beloura Office Park, Edificio 10, Quinta da Beloura, Sintra, PRT, 2710-693
Glintt - Global Intelligent Technologies SA along with its holding provides Information Technology and related consulting services. It offers business consulting, management of IT infrastructures and solutions, physical design & automation, software solution, and support services. The company serves healthcare, pharma, financial services, and public sector. It operates in Portugal, Spain, Angola, Brazil, the United Kingdom, and Ireland.

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