Cerinnov Group (XPAR:ALPCV) Days Payable : 66.65 (As of Dec. 2023)

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What is Cerinnov Group Days Payable?

Cerinnov Group's average Accounts Payable for the six months ended in Dec. 2023 was €1.27 Mil. Cerinnov Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.48 Mil. Hence, Cerinnov Group's Days Payable for the six months ended in Dec. 2023 was 66.65.

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

XPAR:ALPCV' s Days Payable Range Over the Past 10 Years
Min: 71.78 Med: 125.73 Max: 207.64
Current: 89.28

During the past 10 years, Cerinnov Group's highest Days Payable was 207.64. The lowest was 71.78. And the median was 125.73.

XPAR:ALPCV's Days Payable is ranked better than
57.3% of 2923 companies
in the Industrial Products industry
Industry Median: 76.74 vs XPAR:ALPCV: 89.28

Cerinnov Group's Days Payable declined from Dec. 2022 (76.91) to Dec. 2023 (66.65). It may suggest that Cerinnov Group accelerated paying its suppliers.

Cerinnov Group Days Payable Historical Data

The historical data trend for Cerinnov Group'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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Cerinnov Group Days Payable Chart

Cerinnov Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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207.25

207.64

78.89

71.78

96.87

Cerinnov Group Semi-Annual Data
	Dec14	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													84.36	62.29	76.91	113.44	66.65

Competitive Comparison of Cerinnov Group's Days Payable

For the Specialty Industrial Machinery subindustry, Cerinnov Group'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.

Cerinnov Group's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cerinnov Group's Days Payable distribution charts can be found below:

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

Cerinnov Group 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.

Cerinnov Group'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
=	( (1.735	+	1.36)	/	2 )	/	5.831	*	365
=	1.5475					/	5.831	*	365
=	96.87

Cerinnov Group'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
=	( (1.184	+	1.36)	/	2 )	/	3.483	*	365 / 2
=	1.272					/	3.483	*	365 / 2
=	66.65

Cerinnov Group Days Payable Related Terms

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Cerinnov Group (XPAR:ALPCV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cerinnov Group SA (XPAR:ALPCV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 rue Columbia, Parc d'Ester, Limoges, FRA, 87068

Website

http://www.cerinnov.com

Cerinnov Group SA is engaged in the manufacturing of production equipment. The company's products include shaping machines, laser machine, decoration machine, customized equipment.

Cerinnov Group (XPAR:ALPCV) Headlines

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