Proeduca Altus (XMAD:PRO) Days Payable : 220.88 (As of Aug. 2023)

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What is Proeduca Altus Days Payable?

Proeduca Altus's average Accounts Payable for the six months ended in Aug. 2023 was €3.5 Mil. Proeduca Altus's Cost of Goods Sold for the six months ended in Aug. 2023 was €2.9 Mil. Hence, Proeduca Altus's Days Payable for the six months ended in Aug. 2023 was 220.88.

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

XMAD:PRO' s Days Payable Range Over the Past 10 Years
Min: 55.87 Med: 132.52 Max: 217.29
Current: 196.22

During the past 7 years, Proeduca Altus's highest Days Payable was 217.29. The lowest was 55.87. And the median was 132.52.

XMAD:PRO's Days Payable is ranked better than
89.57% of 211 companies
in the Education industry
Industry Median: 36.31 vs XMAD:PRO: 196.22

Proeduca Altus's Days Payable increased from Aug. 2022 (186.78) to Aug. 2023 (220.88). It may suggest that Proeduca Altus delayed paying its suppliers.

Proeduca Altus Days Payable Historical Data

The historical data trend for Proeduca Altus'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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Proeduca Altus Days Payable Chart

Proeduca Altus Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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132.52

214.50

119.28

217.29

210.21

Proeduca Altus Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial							89.70	180.91	186.78	161.49	220.88

Competitive Comparison of Proeduca Altus's Days Payable

For the Education & Training Services subindustry, Proeduca Altus'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.

Proeduca Altus's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Proeduca Altus's Days Payable distribution charts can be found below:

* The bar in red indicates where Proeduca Altus's Days Payable falls into.

Proeduca Altus 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.

Proeduca Altus's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (2.96	+	4.118)	/	2 )	/	6.145	*	365
=	3.539					/	6.145	*	365
=	210.21

Proeduca Altus's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (2.834	+	4.118)	/	2 )	/	2.872	*	365 / 2
=	3.476					/	2.872	*	365 / 2
=	220.88

Proeduca Altus Days Payable Related Terms

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Proeduca Altus (XMAD:PRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Proeduca Altus SA (XMAD:PRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue De La Paz 137, Logrono, ESP, 26006

Website

https://www.grupoproeduca.com

Proeduca Altus SA is engaged in the business of providing online education. The business has its presence in Spain, Ecuador, Colombia, Mexico, Peru, Argentina, Bolivia and the USA.