Akwel (XPAR:AKW) Days Payable : 82.73 (As of Dec. 2023)

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What is Akwel Days Payable?

Akwel's average Accounts Payable for the six months ended in Dec. 2023 was €110 Mil. Akwel's Cost of Goods Sold for the six months ended in Dec. 2023 was €242 Mil. Hence, Akwel's Days Payable for the six months ended in Dec. 2023 was 82.73.

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

XPAR:AKW' s Days Payable Range Over the Past 10 Years
Min: 73.32 Med: 86.69 Max: 104.82
Current: 81.75

During the past 13 years, Akwel's highest Days Payable was 104.82. The lowest was 73.32. And the median was 86.69.

XPAR:AKW's Days Payable is ranked better than
62.79% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs XPAR:AKW: 81.75

Akwel's Days Payable increased from Dec. 2022 (82.30) to Dec. 2023 (82.73). It may suggest that Akwel delayed paying its suppliers.

Akwel Days Payable Historical Data

The historical data trend for Akwel'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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Akwel Days Payable Chart

Akwel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.82

104.82

85.21

73.32

82.21

Akwel 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															73.16	74.82	82.30	80.36	82.73

Competitive Comparison of Akwel's Days Payable

For the Auto Parts subindustry, Akwel'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.

Akwel's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Akwel's Days Payable distribution charts can be found below:

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

Akwel 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.

Akwel'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
=	( (111.119	+	110.402)	/	2 )	/	491.788	*	365
=	110.7605					/	491.788	*	365
=	82.21

Akwel'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
=	( (108.926	+	110.402)	/	2 )	/	241.926	*	365 / 2
=	109.664					/	241.926	*	365 / 2
=	82.73

Akwel Days Payable Related Terms

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Akwel (XPAR:AKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Akwel (XPAR:AKW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MW4:Germany

Address

975, Route des Burgondes, Champfromier, FRA, 01410

Website

https://www.akwel-automotive.com

Akwel is engaged in the design, manufacturing, and sale of automotive equipment. It manufactures components and systems for the automotive and Heavy Goods Vehicle industry that specializes in fluid management and mechanisms. The company product categories include cooling, fuels, control, Air intake, oil, washer systems, decontamination, and mechanisms. Geographically, the highest revenue comes from Europe and Africa and also has a presence in France, North America, South America, and the Rest of the world.

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